#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?




  #2  
2nd August 2019, 08:46 PM
ajayrocks007
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Join Date: Mar 2012
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Default Re: Interest rates against an Education Loan of Rs. 9 Lacs in Federal Bank to study MBA?

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%.
Do you have any question? or have anything to say?



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