#1
29th July 2019, 06:14 PM
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Interest rates against an Education Loan of Rs. 9 Lacs in Federal Bank to study MBA?
Hello everyone, I want to get an Education Loan of Rs. 9 Lacs for my MBA programme. I am interested to apply for an education loan from Federal Bank. Can I know that what interest rates they charge for this loan amount?
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#2
2nd August 2019, 08:46 PM
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Interest Rates offered by Federal Bank for Education Loan
- Loans upto Rs. 4 lakh: 10.85 % - 15.25% - Loans Rs. 4.0 - 7.5 lakh : 10.85 % - 15.25% - Loans > Rs. 7.5 lakh: 10.85 % - 15.25% MCLR varies according to the RBI guidelines. It varies between 10.85% to 15.25%. |
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