Education and Career Forum

I want to take an education loan from IndusInd 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 Engineering course.

Interest rate will be charged on the education loan is Floating rate. But you have to consider the interest rate on the Personal loan for Education Loan.

But Interest rate charged on the education loan will vary with the Income criteria.

For salaried ,

Lowest Interest rate of 11.00% and there is a processing fee of Min 1% to Max 2.5%

And For Self Empployed.

Lowest Interest rate of 14.00% and there is a processing fee of upto 2.5% min fee of Rs.1000/-.

Loan amount Rs.50000 to Rs 25 Lakh (Salaried )

For Self Employed, Loan amount will be Rs.50000 to Rs.15 lakh.