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#1
18th October 2018, 03:57 AM
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Interest rates under BOI Star Education Loan Scheme?
Hi friends, I want to apply for Star Education Loan Scheme of BOI. It is a good initiative taken by this Bank for students who are willing to do MBA course. But, I want to know about the interest rates in this scheme of education loan. Please tell me asap.
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#2
12th November 2018, 06:11 PM
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Re: Interest rates under BOI Star Education Loan Scheme?
Interest rates under BOI Star Education Loan Scheme are as follows.
Education Loan covered under Credit Guarantee Fund Scheme for Education Loan(CGFSEL) limit upto Rs. 7.50 lacs: 1 year MCLR +1.70% For loans above Rs. 7.50 lacs: 1 year MCLR + 2.50% MCLR w.e.f. 10th October 2018 is 8.60% per annum. You can get more details on the below mentioned website link. https://www.bankofindia.co.in/englis...il_credit.aspx |
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