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#1
23rd September 2019, 07:04 PM
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Interest rates under Lakshmi Vilas Bank Limited education loan scheme for an ITI course?
Dear Sir/Madam, I want to apply for an education loan in Lakshmi Vilas Bank Limited. 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?
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#2
8th July 2022, 10:57 AM
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Re: Interest rates under Lakshmi Vilas Bank Limited education loan scheme for an ITI course?
The education loan can availed at an interest rate of interest 1 year MCLR +1.50% spread .
They also give 0.50% concession in interest to their female applicants. Those are economically backward students , they can avail the benefit of schemes started by the Government for poor students. |
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#3
13th July 2022, 11:32 PM
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Re: Interest rates under Lakshmi Vilas Bank Limited education loan scheme for an ITI course?
The current MCLR (Marginal Cost of Funds based Lending Rate) fixed by the RBI stands in the range of 6.70% to 7.30%.
thus interest rate will be in range of MCLR + 1.5%. + processing charges |
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Education and Career Forum
