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  #1  
23rd February 2016, 12:58 AM
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List of Banks offering an Education Loan of Rs. 4.75 Lacs to study PGDM through MAT in Udaipur? Interest rates charge against an education loan?


Hello Sir,
I want to have an education loan for doing PGDM through MAT and the cost will be upto Rs. 4.75 Lacs. Kindly let me know which banks will provide me an education loan in Udaipur? What will be the interest rates? Kindly let me know asap.




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  #2  
27th February 2016, 07:38 PM
SudeepKumarSaha
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Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: List of Banks offering an Education Loan of Rs. 4.75 Lacs to study PGDM through MAT in Udaipur? Interest rates charge against an education loan?

There are many banks who offer education loan of 4.75 lakhs in order to help students pursue PGDM course. The list of banks is attached herewith for your kind reference. Kindly refer the attachment below. The interest rate varies as per the instructions from Reserve Bank of India and is same for all the banks since RBI has fixed the interest rate for education loan. However, it fluctuates from time to time as per orders from RBI. The interest will be calculated as simple interest for the entire study period. The rate of interest usually fluctuates in the range 13-14.5 percent, however, SBI offers 1% lesser interest rate as compared to other banks but with stricter terms and conditions.
Attached Files
File Type: docx List of banks.docx(11.4 KB, 16 views)
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