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#1
11th December 2021, 08:35 PM
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Interest rates calculation of Education Loan in IndusInd Bank for MBA aspirant?
Respected Sir/Madam, I am interested to study MBA by taking an education loan from IndusInd Bank. I don’t know how they calculate the interest rates. So, I just want to know about the calculation of education loan. Please tell me asap.
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#2
11th December 2021, 10:29 PM
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Re: Interest rates calculation of Education Loan in IndusInd Bank for MBA aspirant?
Interest rates calculation of Education Loan in IndusInd Bank for MBA aspirant?
INTEREST RATE - 11% to 30.50%. LOAN TENURE - In 5 to 7 years after the Holiday | Moratorium Period. PROCESSING FEE - As decided by the bank from time to time. GUARANTOR REQUIRED - Yes. PRE CLOSURE CHARGES - As decided by the bank from time to time. |
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#3
12th December 2021, 08:53 PM
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Re: Interest rates calculation of Education Loan in IndusInd Bank for MBA aspirant?
Interest rates calculation of Education Loan in IndusInd Bank
The interest rate ranges from 11%_30.50% It provides financial assistance to deserving and meritorious students. For above 4 lacs , margin is 5% for India And 15% for abroad Maximum loan for Indian Institution is 10 lacs and for abroad its 20 lacs. |
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