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  #1  
12th August 2017, 11:19 AM
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Processing fees applicable and terms & condition for an education loan of 6 lakh in Canara Bank?


Hello sir, I want to apply for an education loan of 6 lakh in Canara Bank to study B.Tech so, tell me processing fees applicable and terms & condition for it?




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  #2  
13th August 2017, 04:47 PM
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Default Re: Processing fees applicable and terms & condition for an education loan of 6 lakh in Canara Bank?

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Originally Posted by Unregistered View Post
Hello sir, I want to apply for an education loan of 6 lakh in Canara Bank to study B.Tech so, tell me processing fees applicable and terms & condition for it?

Processing fees for education loans of Canara Bank is NIL. For an education loan of Rs 6 Lakh, students have to pay the margin of Rs 5% of the loan amount for studies in India. Education loans are offered jointly to the student and parents and for a loan of Rs 6 Lakh should provide a satisfactory third party guarantee. Students can avail the education loan from the bank branch nearest to the place of permanent residence. Students should have obtained admission from a recognized educational institution. Students should apply with necessary documents like address proof, ID proof, salary slips etc. Canara Bank website link is Click Here
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