#1  
28th June 2016, 05:29 PM
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Interest rates charge under State Bank of Bikaner & Jaipur Education Loan scheme?


Respected Sir,
I like to apply an Education Loan from State Bank of Bikaner & Jaipur. I want to study MBA through an Education Loan. Kindly let me know about the interest rates charges under Education Loan scheme of State Bank of Bikaner & Jaipur. Please tell me asap!





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  #2  
29th June 2016, 02:31 PM
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Default Re: Interest rates charge under State Bank of Bikaner & Jaipur Education Loan scheme?

The details regarding Interest rates on Education loan offered by State Bank of Bikaner and Jaipur are provided below :-

=> For loans upto Rs.7.5 lacs :- 2% above MCLR, currently 11.15% p.a.

=> For loans above Rs.7.50 lacs :- 1.70% above MCLR, currently 10.85% p.a.

The State Bank of Bikaner and Jaipur gives concession on Rate of Interest on Education loan for few different category students as mentioned below :-

=> Concession of 0.50% ROI for girl candidates.

=> Concession of 1.00% ROI for students who study in Prime Institutions.

=> Additional 1% Interest concession will be provided by the bank, if interest is serviced during the study period.
  #3  
29th June 2016, 09:35 PM
Saikiranreddy47475
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Join Date: Jul 2013
Posts: 14,289
Default Re: Interest rates charge under State Bank of Bikaner & Jaipur Education Loan scheme?

Interest rate charges under State Bank of Bikaner and Jaipur Education loan scheme are as follows :-

--> The rate of interest is as applicable from time to time. At present, the rate of interest on Education loan is :-

For loans upto Rs.7.5 lacs :- 2% above MCLR, currently 11.15% p.a.

Above Rs.7.50 lacs :- 1.70% above MCLR, currently 10.85% p.a.

--> Rate of Interest will be 0.50% lower for female candidates.
Do you have any question? or have anything to say?



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