#1  
20th January 2019, 04:45 PM
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Interest rates against an Education Loan of Rs. 8 Lacs in Karnataka Bank Ltd?


Respected Sir, I want to get an Education Loan of Rs. 8 Lacs for my BTech programme. I am interested to apply an education loan from Karnataka Bank Ltd. Can I know that what interest rates they charge for this loan amount?




  #2  
24th January 2019, 07:27 AM
ppsahu
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Join Date: Apr 2018
Posts: 12,628
Default Re: Interest rates against an Education Loan of Rs. 8 Lacs in Karnataka Bank Ltd?

Interest rates against an Education Loan of Rs. 8 Lacs in Karnataka Bank Ltd:

For normal students: 13.30%
For meritorious students: 12.80%
For normal girl students: 12.80%
For Meritorious girl students: 12.30%

You can find detailed information regarding Interest rates against an Education Loan in Karnataka Bank Ltd on the below mentioned website link.
https://karnatakabank.com/personal/loans/interest-rates
  #3  
24th January 2019, 05:38 PM
ajayrocks007
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Join Date: Mar 2012
Location: New Delhi
Posts: 20,581
Default Re: Interest rates against an Education Loan of Rs. 8 Lacs in Karnataka Bank Ltd?

Karnataka bank offers following interest rates on education loan.

- For Education Loan above 4 lakhs: 11.10%

- Education Loan up to Rs. 4 lakhs: 13.95%

Rates change according to the base rate, which is decided by the RBI.
Do you have any question? or have anything to say?



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