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#1
18th January 2019, 05:23 PM
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Interest rates calculation of Education Loan in RBL Bank Ltd.?
I am interested to study BDS by taking an education loan from RBL Bank Ltd. 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
22nd January 2019, 07:35 AM
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Re: Interest rates calculation of Education Loan in RBL Bank Ltd.?
Interest rates calculation of Education Loan in RBL Bank Ltd.:
Upto Rs. 4 Lacs: 1 year MCLR (base rate) + 5.40% (spread) = 15.15% Above Rs. 4 and upto 7.50 Lacs: 1 year MCLR (base rate) + 6.40% (spread) = 16.15% Above Rs. 7.50 Lacs: 1 year MCLR (base rate) + 4.40% (spread) = 14.15% |
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