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  #1  
16th July 2017, 07:46 PM
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Rate of interest, tenure and probable EMI for an education loan of 5 lakh from SBI?


Hello sir, I want to study B.Tech course so, I need an education loan of 5 lakh from SBI. Please tell me what will be rate of interest, tenure and probable EMI for it?




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  #2  
21st November 2017, 09:39 PM
Saikiranreddy47475
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Join Date: Jul 2013
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Default Re: Rate of interest, tenure and probable EMI for an education loan of 5 lakh from SBI?

To get an education loan of 5 lakh rupees from SBI, you should have secured admission in B.Tech course in a recognised college/ university. The rate of interest for an education loan upto Rs. 7.5 lakhs is 9.90% per annum. The maximum tenure to repay the education loan is 15 years. The EMI for an education loan depends on the amount you pay monthly for an education loan, you can pay the amount as you wish, so, that you can repay the education loan quickly.
Do you have any question? or have anything to say?



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