Education and Career Forum

I want to take an education loan from Karur Vysya 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 Rates offered by Karur Vysya Bank on Education Loan

- Loans upto Rs. 4 lakh: 12.35 % , for Girls - 11.35%

- Loans Rs. 4.0 - 7.5 lakh: 12.35 % , for Girls - 11.35%

- Loans > Rs. 7.5 lakh: 12.35 % , for Girls - 11.35%

Originally Posted by Unregistered

I want to take an education loan from Karur Vysya 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 rates against Karur Vysya Bank education loan scheme are given below:

For Boy students – Minimum – 11.85% and Maximum – 12.35%

For Girl students – Minimum – 11.35% and Maximum – 11.85%

The interest rates will change from time to time based on the MCLR. Students have to contact the Karur Vysya Bank branch for more details on the same.

Interest rates against Karur Vysya Bank Education Loan Scheme for Diploma Engineering course:--

Minimum 11.85% Maximum 12.35% is For Boys.

Minimum 11.35% Maximum 11.85% is For Girls.

Note :-- Rate of Interest linked to MCLR. Rates will change based on prevalent MCLR.