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#1
5th April 2018, 03:29 PM
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Repayment tenure against an Education Loan of Rs. 8 Lacs in Central Bank of India?
Hi friends, can anyone of you please help me to know about the repayment tenure which is available in Central Bank of India against an education loan if I apply for an amount of Rs. 8 Lacs? Please help me to know about this asap.
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#2
3rd May 2018, 10:40 AM
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Re: Repayment tenure against an Education Loan of Rs. 8 Lacs in Central Bank of India?
The maximum repayment period for an education loan of Rs. 8 lakhs in Central Bank of India is upto 15 years. The repayment will commence 12 months after completion of the course or 6 months after securing job whichever is earlier.
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#3
4th May 2018, 05:12 PM
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Re: Repayment tenure against an Education Loan of Rs. 8 Lacs in Central Bank of India?
Quote:
The maximum repayment period for an education loan of Rs 8 Lacs is 15 years and the repayment on EMI basis in Central Bank of India. The repayment period starts from 1 year after completion of studies or 6 months after securing a job whichever is earlier. The maximum repayment period for an education loan up to Rs 7.5 Lacs is 10 years. Students can get up to Rs 10 Lacs for studies in India through Central Bank of India. Students have to provide tangible collateral security of minimum value equivalent to the loan amount. |
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