Education and Career Forum

I want to take an education loan from Federal Bank. Kindly let me know about the interest rates which will charge in this Bank’s Education Loan Scheme because I want to take an education loan for my Diploma Pharmacy course.

Interest rates against Federal Bank Education Loan Scheme is spread over the range of 10.90% to 15.30% per annum.
Only simple interest is charged during the moratorium period.

You should be an Indian National and have a secured admission to Diploma Pharmacy course in a recognized university/institutions through Entrance test/selection process to be eligible to get an education loan in Federal Bank.

For more details, you can visit the below mentioned website link.
https://www.federalbank.co.in/specia...oan#undefined4

Originally Posted by Unregistered

I want to take an education loan from Federal Bank. Kindly let me know about the interest rates which will charge in this Bank’s Education Loan Scheme because I want to take an education loan for my Diploma Pharmacy course.

Interest rates against Federal Bank education loan scheme Special Vidya Loan are given below:

Educational loan interest rates – 10.90% to 15.30%

Students can contact the Federal Bank branch for exact details on the same or they can find the details in the website link given Click Here

Following interest rates are charged by Federal Bank for Education Loan

- Loans upto Rs.4 Lacs: 13.25%, 12.75% (for girls)
- Loans above Rs. 4 Lacs: 14.75%, 14.25% (for girls)