#1
14th July 2019, 12:28 AM
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Margin under Nainital Bank Education Loan scheme for MBA-Abroad aspirant?
Can anyone of you please let me know about the loan margin for such students who are applying for an education loan in Nainital Bank for studying MBA in Abroad? I am interested to apply for an education loan in this bank that is why I want to know about the loan margin.
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#2
3rd September 2022, 06:01 PM
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Re: Margin under Nainital Bank Education Loan scheme for MBA-Abroad aspirant?
5% of margin is provided for loans upto 4 lacs.
15% of margin is provided for loans above 4 lacs. Any scholarship or assistantship received by the student is taken as a contribution towards the margin. Concession of 0.25% in interest is provided for bank staff wards. |
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