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#1
24th October 2018, 11:48 AM
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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, 02:44 PM
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Re: Interest rates against Tamilnad Mercantile Bank Education Loan Scheme for Diploma Engineering course?
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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