#1  
21st January 2019, 01:28 AM
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Interest rates under Catholic Syrian Bank Education Loan scheme for an ITI course?


Hello everyone, I want to apply an education loan in Catholic Syrian Bank. I want to do an ITI course through this education loan from this bank. Can I know about the interest rates charges of this bank education loan? Waiting for your response!




  #2  
26th January 2019, 11:59 AM
ppsahu
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Join Date: Apr 2018
Posts: 12,628
Default Re: Interest rates under Catholic Syrian Bank Education Loan scheme for an ITI course?

Interest rates under Catholic Syrian Bank Education Loan scheme for an ITI course:

Up to Rs. 4 lacs: 12% per annum
Above Rs. 4 lacs: 12.50% per annum.

You should be an Indian national and must have attained 21 years of age at the time of applying for education loan to be eligible to get an education loan in Catholic Syrian Bank.
  #3  
26th January 2019, 12:02 PM
ppsahu
Senior Member+++++
 
Join Date: Apr 2018
Posts: 12,628
Default Re: Interest rates under Catholic Syrian Bank Education Loan scheme for an ITI course?

Interest rates under Catholic Syrian Bank Education Loan scheme for an ITI course:

Upto Rs. 4 lakhs - 14.25% per annum

Above Rs. 4 lakhs - 14.75% per annum

There is no processing fee under Catholic Syrian Bank Education Loan scheme. 1% rebate on interest is applicable during holiday period, if interest is remitted promptly during the period.
Do you have any question? or have anything to say?





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