#1  
7th August 2019, 09:43 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?




  #2  
11th July 2022, 12:26 PM
Hera tabrez
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Join Date: Oct 2020
Location: Kanpur
Posts: 6,959
Default Re: Interest rates in Allahabad Bank for an education loans to study MS in Abroad? Procedure to recover Loan amount?

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 .
Do you have any question? or have anything to say?





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