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  #1  
4th November 2016, 04:57 PM
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Maximum amount offered under Education Loan scheme of State Bank of Mysore for studying Abroad? Interest rate charges for studying Abroad?


For applying an Education Loan from State Bank of Mysore, how much maximum amount I can get for studying Abroad? And what will be the interest rates charges for studying Abroad in this Bank's Education Loan?




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  #2  
6th November 2016, 12:42 PM
Saikiranreddy47475
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Join Date: Jul 2013
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Default Re: Maximum amount offered under Education Loan scheme of State Bank of Mysore for studying Abroad? Interest rate charges for studying Abroad?

The maximum amount offered under Education loan scheme of State Bank of Mysore for studying Abroad is Rs. 40 lakhs. The margin for studies in Abroad is 15%. Interest rate charges for studies in Abroad is for Above 20 lacs to 40 lacs is MCLR+2.25 = 11.70%.
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