#1  
1st January 2019, 09:08 PM
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Interest rates against Union Bank of India Education Loan Scheme for Diploma Engineering course?


I want to take an education loan from Union Bank of India. 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.




  #2  
13th March 2019, 05:16 PM
ajayrocks007
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Join Date: Mar 2012
Location: New Delhi
Posts: 20,581
Default Re: Interest rates against Union Bank of India Education Loan Scheme for Diploma Engineering course?

Union Bank of India charges the following rates of interest on education loan

- For education loan upto 4 lacs : 11.80%
- For education loan between 4 lacs and 7.5 lacs: 11.55%
- For education loan above 7.5 lacs: 10.65%

There is concession of 0.50% for female students. Also, the rates keep on changing according to the RBI policy.
Do you have any question? or have anything to say?





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