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#1
5th June 2018, 05:32 PM
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Prepayment fine under Education Loan scheme of Oriental Bank of Commerce?
I was searching for an education loan scheme. After searching I thought that applying an education loan from Oriental Bank of Commerce is fine for me as I have an account in this bank. But I am unable to understand the prepayment fine. Can I know about this particular term?
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#2
7th June 2018, 11:04 AM
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Re: Prepayment fine under Education Loan scheme of Oriental Bank of Commerce?
There are no prepayment charges/ fine under Education Loan Scheme of Oriental Bank of Commerce. You can prepay the educational loan amount without any fine/ charges. The repayment tenure of education loan scheme under Oriental Bank of Commerce is maximum of 15 years.
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