Repayment methods under South Indian Bank Global Education Scheme for MCA aspirant?

#1 19th September 2018, 07:50 PM

Hello Sir/Madam, I am going to apply for Global Education Scheme in South Indian Bank. Please tell me about the methods of repayment as I am interested to study MCA through this Education Loan and I don’t know about the repayment of education loan if I take from this Bank Education Loan. Please tell me as soon as possible.

#2 10th September 2022, 05:46 PM

The most common method of repayment is EMI .
EMIs are fixed amount of sum decided at the time of taking loan which students can pay every month to repay the education loan.
The repayment period ranges from 7 to 15 years.
Some other repayment plans include
Extended repayment
Graduated repayment
Income Based repayment
Income sensitive repayment

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Repayment methods under South Indian Bank Global Education Scheme for MCA aspirant?

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