#1  
5th April 2018, 02:30 PM
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Interest rates against an Education Loan of Rs. 8 Lacs in Indian Overseas Bank?


I want to apply an education loan from Indian Overseas Bank. I want to get admission in MBA course. The total cost would be Rs. 8 Lacs. So, my question is, what interest rates charged by Indian Overseas Bank for this amount of education loan?





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  #2  
2nd May 2018, 01:56 PM
Careerexpert
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Join Date: Dec 2013
Posts: 12,066
Default Re: Interest rates against an Education Loan of Rs. 8 Lacs in Indian Overseas Bank?

Quote:
Originally Posted by Unregistered View Post
I want to apply an education loan from Indian Overseas Bank. I want to get admission in MBA course. The total cost would be Rs. 8 Lacs. So, my question is, what interest rates charged by Indian Overseas Bank for this amount of education loan?

The interest rate against an education loan of Rs 8 Lacs in Indian Overseas Bank is around 10.40% to 11.40%. Students have to contact the IOB bank branch for exact details about the rate of interest for an education loan of Rs 8 Lacs. Students also find the details at the Indian Overseas Bank website link. The IOB website link is given Click Here
  #3  
1st August 2018, 10:12 PM
Narendra2121
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Join Date: Jul 2018
Location: Hyderabad
Posts: 375
Default Re: Interest rates against an Education Loan of Rs. 8 Lacs in Indian Overseas Bank?

Interest rates against education loans in overseas bank are as follows

1)Up to Rs. 4 Lacs-12.25%

2)Above Rs. 4 lacs to Rs.7.50 lacs-13.50%

3)Above Rs.7.50 lacs-13.25%

4)Vocational Courses-12.25%

5)Ward of Staff-12.00%

Female applicants can enjoy an additional discount of 0.50% on Indian Overseas Bank education loan interest rates.
Do you have any question? or have anything to say?



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