#1
24th October 2018, 12:48 PM
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Interest rates against Tamilnad Mercantile Bank Education Loan Scheme for Diploma Engineering course?
I want to take an education loan from Tamilnad Mercantile 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.
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#2
19th January 2022, 03:44 PM
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The interest rate varies depending on the course and academics capability of student.
Rates are TMB education loan upto 11.45% Skill development loan 10.45% Super education loan 11.45% Education short term loan upto 10.45% Interest is payable on monthly basis. Evasion in repayment of loan will get you a penal interest of 2% p.a |
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