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#1
29th September 2018, 08:32 PM
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Prepayment fine under Federal Bank Special Vidya Loan Scheme?
Dear friends, I have heard that Federal Bank is introduced Special Vidya Loan Scheme for the students who are willing to study in Abroad. I would like to know that if I apply in this scheme then what prepayment fine will they charge? I am interested to apply in this scheme but need to know about prepayment fine first.
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#2
3rd October 2018, 04:31 PM
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Re: Prepayment fine under Federal Bank Special Vidya Loan Scheme?
The education loan offered by Federal Bank under Special Vidya Loan Scheme does not carry any prepayment fine or any other charges. You must be an Indian Nationals and have secured admission to professional/technical courses through Entrance test/ Merit based selection process to be eligible to apply for Special Vidya Scheme education loan under Federal Bank.
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