Education and Career Forum

Can anyone of you let me know about the moratorium period of Vijaya Bank Education Loan? I want to apply an Education Loan of this Bank so I want to know about the moratorium period.

The moratorium period under Education loan scheme of Vijaya Bank is that the repayment will commence one year after completion of course or 6 months after securing a job, whichever is earlier. For an education Loan to Indian School of Business students, the repayment will commence after completion of 18 months or after the placement, whichever is earlier.

The moratorium period under Vijaya Bank Education loan scheme is Course period plus one year.

The repayment tenure under Vijaya Bank Education loan scheme is 15 years after moratorium period.

The moratorium period under education loan scheme of Vijaya Bank is given below.

- 1 year from the completion of the course from which you seek education loan.
- 6 months from the date of your joining in any job

Moratorium period will end when either of the above scenario becomes true.