#1  
28th May 2019, 05:37 AM
Unregistered
Guest
 
Posts: n/a

Interest rates under Allahabad Bank Education Loan to study PGDM in IIM?


Hello, I am preparing for CAT and other MBA entrance exams. My first preference is to get admission in IIM for PGDM course. For this, I have to take an education loan. So, I would like to know about the interest rates of Allahabad Bank for applying an education loan?




  #2  
30th May 2019, 04:25 PM
Quiz Master
Member
 
Join Date: May 2019
Posts: 335
Default Re: Interest rates under Allahabad Bank Education Loan to study PGDM in IIM?

The interest rates for taking Education Loan from Allahabad Bank are:-

i) Upto 4 lakhs- 11.45%

ii) Upto 7.5 lakhs- 11.45%

iii) Above 7.5 lakhs- 10.95%
  #3  
31st May 2019, 10:59 AM
ppsahu
Senior Member+++++
 
Join Date: Apr 2018
Posts: 12,628
Default Re: Interest rates under Allahabad Bank Education Loan to study PGDM in IIM?

Interest rates under Allahabad Bank Education Loan to study PGDM in IIM is base rate +1.50%.
Repayment holiday / moratorium is course duration + 1 year or 6 months after getting job, whichever is earlier. Repayment tenure is 15 years after commencement of repayment period.

For more info;
https://www.allahabadbank.in/edu_loan.aspx
  #4  
31st May 2019, 04:09 PM
shahi jee
Senior Member+++++
 
Join Date: Jul 2017
Location: Bihar
Posts: 5,804
Default Re: Interest rates under Allahabad Bank Education Loan to study PGDM in IIM?

Interest rates under Allahabad Bank Education Loan to study PGDM in IIM are as follows:-
IIMs, ISBs, XLRI - Base rate + 1.50%
IITs, BITs and other premier engineering, management & medical institutions - Base rate + 2.00%
NITs, BITs and other reputed medical, management & engineering institutions - Base rate + 2.50%
Other colleges/ universities recognised by UGC/Govt./AICTE/AIBMS/ICMR etc. - Base rate + 3.00%
For students applying under the Management Quota - Base rate + 3.00%
Reply With Quote
Do you have any question? or have anything to say?



Related Topics:

Thread Replies Last Post
Can I get Education Loan from Allahabad Bank to study PGDM in IIM? 3 2nd February 2019 02:12 PM
Interest rates in Vijaya Bank Education Loan to study MBA in IIM? 1 15th May 2018 03:37 PM



Powered by vBulletin® Version 3.8.3
Copyright ©2000 - 2022, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO 3.3.0
vBulletin Optimisation by vB Optimise.
Please also check: