#1  
29th September 2018, 08:32 PM
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Is margin available in Federal Bank Special Vidya Loan Scheme?


Dear Sir/Madam, can anyone of you please let me know that in the new scheme of Federal Bank which is Special Vidya Loan Scheme, there is any kind of margin also? I have searched alot but couldn’t get the answer. Please help me to know asap.




  #2  
30th September 2018, 08:00 PM
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Join Date: Feb 2016
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Default Re: Is margin available in Federal Bank Special Vidya Loan Scheme?

Details of margin available under Federal Bank Special Vidya Loan Scheme are :-

=> Up to Rs 4 Lakhs :- No Margin is applicable.
=> For studies in India above Rs 4 Lakhs :- 5%
=> For Studies Abroad above Rs 4 Lakhs :- 15%
  #3  
1st October 2018, 12:36 PM
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Default Re: Is margin available in Federal Bank Special Vidya Loan Scheme?

Quote:
Originally Posted by Unregistered View Post
Dear Sir/Madam, can anyone of you please let me know that in the new scheme of Federal Bank which is Special Vidya Loan Scheme, there is any kind of margin also? I have searched alot but couldn’t get the answer. Please help me to know asap.

Yes, margin is available in Federal Bank Special Vidya Loan scheme for education loan above Rs 4 Lakhs. Margin details in Federal Bank Special Vidya Loan scheme are given below:

>> Education loan up to Rs 4 lakhs – no margin

>> Education loan above Rs 4 lakhs – 5% for studies in India

>> Education loan above Rs 4 lakhs – 15% for studies abroad

Students can find the details in the Federal Bank website link given Click Here
Do you have any question? or have anything to say?



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