#1  
18th March 2015, 03:17 PM
Unregistered
Guest
 
Posts: n/a

Interest rates charges against Education Loan by Andhra Bank for B.Tech course? Documents required to apply for Education Loan?


Sir,
I have secured 95% in 2nd PUC & I am
willing to join B.Tech.
But I am not financially strong to maintain
total expenses of B.Tech. So, I am planning
to take education loan. I have a bank account
in Andhra Bank. So, what is the interest rates charges
of this bank so before applying I will know about it.
I also want to know what documents they want for education loan?




  #2  
19th March 2015, 10:52 PM
harishydv
Senior Member+
 
Join Date: Jan 2015
Posts: 744
Default Re: Interest rates charges against Education Loan by Andhra Bank for B.Tech course? Documents required to apply for Education Loan?

Interest is charged in various modes. Mode of charging interest is given below.

* Interest to be debited monthly on simple basis during the repayment-holiday period.

* The accrued interest during the repayment holiday period to be added to the principal and repayment in EMI.

* For the loan above RS.2 lakhs the panel interest at 2% be charged on the overdue amount for the overdue period.

Documents to be submitted:

1. Identity proof
2. Income Proof
3. Residence proof
4. Bank statement of last 6 months
Do you have any question? or have anything to say?



Related Topics:

Thread Replies Last Post
How should I apply for CBSE scholarship after scoring 83.4%? Is it true that I wont be able to apply for any other scholarship after applying for the CBSE scholarship? 29 10th September 2017 11:00 PM
What is the procedures of getting scholarship? Which field to choose in order to get scholarship or financial aids after 12th? 12 14th November 2016 09:57 PM



Powered by vBulletin® Version 3.8.3
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO 3.3.0
Please also check: