#1
30th April 2017, 12:11 PM
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Possibility to get education loan of 5 lakh to study B.Tech in IT from RKDF University? Interest rate, processing fees, tenure and other conditions?
Hello, I would like to study B.Tech in Information Technology course from RKDF University. Please tell me can I get education loan of 5 lakh for it? What will be interest rate, processing fees, tenure and other conditions?
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#2
12th May 2017, 08:43 PM
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Re: Possibility to get education loan of 5 lakh to study B.Tech in IT from RKDF University? Interest rate, processing fees, tenure and other conditions?
You can surely get it, if you have a guarantor to support your education loan. Normally, any earning person can become your guarantor. Just make sure he/she doesn't have any other loan in his/her name.
Interest rate varies from 11% to 14% in most of the banks. It varies according to the RBI rates. Processing fees and tenure varies from one bank to another. |
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