#1  
3rd January 2019, 06:59 PM
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Prepayment fine under Synd Vidya Abroad Education Loan Scheme?


Dear friends, I have heard that Syndicate Bank is introduced Synd Vidya Abroad Education 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.




  #2  
20th August 2022, 12:28 PM
Hera tabrez
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Join Date: Oct 2020
Location: Kanpur
Posts: 6,959
Default Re: Prepayment fine under Synd Vidya Abroad Education Loan Scheme?

There is no prepayment fine .
No penalty charges for prepayment
You can prepay your education loan any time.
Some banks charge a penalty between 2 to 3% on prepayment of education loan with fixed interest rate.
Do you have any question? or have anything to say?



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