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  #1  
25th September 2016, 02:40 PM
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Interest rates charges under State Bank of Travancore Education Loan scheme?


Can anyone of you please let me know about the interest rates of State Bank Of Travancore Education Loan scheme because I want to apply for Education Loan in this Bank for my MBA course. Please help me to know about it.




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  #2  
26th September 2016, 10:15 AM
SudeepKumarSaha
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Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: Interest rates charges under State Bank of Travancore Education Loan scheme?

The rate of interest fluctuates from time to time depending on the orders from Reserve Bank of India. You need to comply with this fluctuation in the rate of interest. The rate of interest fluctuates from 12.5-14.5 percent. The rate of interest is computed as simple interest during the entire study period.
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