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  #1  
22nd July 2015, 03:08 PM
Unregistered
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Rate of Interest charged by ICICI Bank for study PGDM course?


Sir,
I want to know the Rate of Interest charges in ICICI Bank for Student Loan. I want to study PGDM and I am preparing for CAT. Please let me know the Rate of Interest of this Bank.




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  #2  
28th July 2015, 11:36 AM
Careerexpert
Senior Member+++++
  
Join Date: Dec 2013
Posts: 12,066
Default Re: Rate of Interest charged by ICICI Bank for study PGDM course?

Quote:
Originally Posted by Unregistered View Post
Sir,
I want to know the Rate of Interest charges in ICICI Bank for Student Loan. I want to study PGDM and I am preparing for CAT. Please let me know the Rate of Interest of this Bank.
ICICI Bank provides Educational loan. They provide education loan upto 10 Lakhs for the students studying in India. For the students abroad they provide up to 20 Lakhs. There is no margin required for up to 4 Lakhs. The interest rate will be base rate plus applicable margin decided by the bank. (The base rate will change it is approx 10%). One has to check with the bank when they go for loan. There are lots Postgraduate courses available in Botany. One can study in New Zealand or South Africa.
  #3  
29th July 2015, 02:31 AM
ArunavaBasu
Senior Member++++
  
Join Date: Mar 2015
Posts: 2,155
Default Re: Rate of Interest charged by ICICI Bank for study PGDM course?

The rate of interest for ICICI Bank for the Educational Loan as of today is 12.50% per annum as of today.
This rate fluctuates from time to time and this rate both increases and decreases depending on the market situation.
So if you take a Loan today you will be charged an interest of 12.50% p.a.
Do you have any question? or have anything to say?



« Is it possible to apply for Education Loan to study MBBS for an International student? | Am I eligible to apply for Education Loan to study B.Tech if dropped a year after 12th? »

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