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#1
12th December 2018, 01:26 PM
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Interest rates against an Education Loan of Rs. 7 Lacs in Bank of Baroda to study BTech?
Hi Sir/Madam, I want to get an Education Loan of Rs. 7 Lacs for my BTech programme. I am interested to apply an education loan from Bank of Baroda. Can I know that what interest rates they charge for this loan amount?
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#2
14th December 2018, 08:43 PM
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Re: Interest rates against an Education Loan of Rs. 7 Lacs in Bank of Baroda to study BTech?
Bank of Baroda charges following rates on Education loan:
- Loans upto Rs.4 lakhs : Base Rate + 2.50% - Loans from Rs.4 lakhs to Rs.7.50 lakhs : Base Rate + 2.50% - Loans above Rs.7.50 lakhs : Base Rate + 1.75% - Education Loan for Vocational Education & Training : Base Rate + 2.00% Base rate differs according to RBI monetary policy, which is reviewed from time to time. |
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#3
15th December 2018, 03:35 PM
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Re: Interest rates against an Education Loan of Rs. 7 Lacs in Bank of Baroda to study BTech?
Interest rates against an Education Loan of Rs. 7 Lakhs in Bank of Baroda to study B.Tech are as follows:-
Loans up to Rs. 4 Lakhs - Base rate + 2.50% Loans from Rs. 4 Lakhs to Rs. 7.50 Lakhs - Base rate + 2.50% Note :- Base Rate - 9.50% |
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