#1
7th August 2019, 10:43 PM
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Interest rates in Allahabad Bank for an education loans to study MS in Abroad? Procedure to recover Loan amount?
I want to study MS with education loan in Abroad. But I am confused about the interest rates. I want to know that what are the interest rates of Allahabad Bank for education loan. Also let me know the recovery process?
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#2
11th July 2022, 01:26 PM
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For abroad education one can get upto INR 25 lacs
Applicants can get an education loan at floating Interest rate of 12.50% per annum with 0.5% concession for girls. The margin money that one has to pay for abroad studies is 15% Repayment starts after the completion of course. And it's un the form of EMI , after the moratorium period onr has to start the repayment process . |
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