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#1
16th April 2019, 03:01 AM
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Moratorium period under South Indian Bank EDUSUM Loan Scheme?
Respected Sir, I am going to apply for EDUSUM Loan Scheme of South Indian Bank for my son’s education. I just want to know about the moratorium period of this particular scheme so that I can easily calculate about the expenses and all things in this particular scheme.
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#2
18th April 2019, 04:07 PM
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Re: Moratorium period under South Indian Bank EDUSUM Loan Scheme?
The moratorium period under South Indian Bank EDUSUM Loan Scheme is course period plus six months or one year after getting a job, whichever is earlier.
The repayment tenure is 10 years for loans upto Rs. 7.5 lakhs and 15 years for loans above Rs. 7.5 lakhs. |
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