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  #1  
27th June 2016, 01:16 PM
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Margin under IDBI Bank Education Loan scheme for MBA course?


Hi Sir,
Can you please let me know what is the margin sets under Education Loan scheme of IDBI Bank? I want to study MBA and thinking to take an Education Loan from IDBI Bank. Please tell me about the margin sets in this loan scheme?




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  #2  
29th June 2016, 10:31 PM
SudeepKumarSaha
Senior Member+++++
  
Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: Margin under IDBI Bank Education Loan scheme for MBA course?

The security margins of education loan scheme of IDBI bank are given below.

- 10% of loan amount for loan below 4.5 lakhs
- 15% of loan amount for loan between 4.5 and 7.5 lakhs
- 20% of loan amount for loan above 7.5 lakhs
Do you have any question? or have anything to say?



« Does Bank offer an Education Loan only for those colleges which has good placement facility? | Can I apply for Bank Education Loan if secure B.Tech admission under fee waiver being an SC candidate? »

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