Education and Career Forum

Hello Sir, I am interested to study MTech. I want to apply for an education loan for this course. I have an account in South Indian Bank Limited. I want to know what interest rates charges are there for this MTech course in Abroad if I apply for an education loan from South Indian Bank Limited?

Interest rates against an education loan in South Indian Bank Limited for M.Tech course are mentioned below:-

—> ROI ranges from MCLR + 2.5 % to MCLR +3.5%
—> 0.5% concession for women borrowers.
—> Simple interest charged during moratorium.
—> 1% concession if interest is serviced during moratorium period.
—> 1% concession for prompt repayment of EMI if interest is funded during moratorium.