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  #1  
7th October 2016, 06:25 PM
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Moratorium period under Education Loan scheme of Bank of Maharashtra?


I want to apply an Education Loan from Bank Of Maharashtra. I want to do MBA and for this I need an Education Loan. But I don't know about its moratorium period. Can you tell me about its moratorium period?




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  #2  
8th October 2016, 05:42 PM
SudeepKumarSaha
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Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: Moratorium period under Education Loan scheme of Bank of Maharashtra?

The moratorium period for education loan from Bank of Maharashtra is 1 year from the year of passing or 6 months after getting a job whichever is earlier. The repayment period for loan upto 7.5 lakhs is 10 years while that of loan above 7.5 lakhs is 15 years. You can also start repayment at the commencement of your job.
Do you have any question? or have anything to say?



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