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#1
7th September 2018, 10:21 PM
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Moratorium Period of Federal Bank Education Loan Scheme for Abroad studies?
I have searched alot and got information about the education loan of Federal Bank. I want to take an Education Loan for studying Abroad. But in Federal Bank Education Loan Scheme, I didn’t understand about the moratorium period. Can anyone of you let me know about this term under this education loan scheme?
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#2
9th September 2018, 12:26 PM
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Re: Moratorium Period of Federal Bank Education Loan Scheme for Abroad studies?
Quote:
Moratorium Period of Federal Bank education loan scheme is course period + one year / 6 months after getting a job whichever is earlier. The maximum repayment period of Federal Bank education loan scheme is moratorium period + 5 to 7 years. Students can get up to Rs 10 Lakhs for studies in India and Rs 20 Lakhs for studies abroad. Students can make the repayment in easy EMIs. Students can contact the Federal Bank branch or can find the details in the website link given Click Here |
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#3
9th September 2018, 07:13 PM
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Re: Moratorium Period of Federal Bank Education Loan Scheme for Abroad studies?
The moratorium period of Federal Bank Education Loan Scheme for Abroad Studies is Course Period plus one year or six months after getting a job whichever is earlier. The entire loan amount can be repaid in 5 to 7 years after completion of Moratorium Period.
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