Education and Career Forum

I just want to know that if I am going to apply an education loan from Bank of India then what would be the repayment tenure? I actually want to apply an education loan from this bank that is why I want to know about the repayment tenure.

The repayment tenure under Bank of India Education Loan Scheme is 15 years after commencement of moratorium period. The moratorium period/ repayment holiday under Bank of India Education Loan Scheme is course period plus one year.

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I just want to know that if I am going to apply an education loan from Bank of India then what would be the repayment tenure? I actually want to apply an education loan from this bank that is why I want to know about the repayment tenure.

Repayment tenure under Bank of India Education Loan scheme is 15 years after commencement of repayment. Repayment holiday or moratorium period is the course period + 1 year under Bank of India education loan scheme. Students can apply online through Vidyalakshmi portal or can contact the Bank of India branch nearest to their permanent address for education loan in Bank of India. Students can get a maximum of Rs 10 Lakhs for studies in India and Rs 20 Lakhs for studies abroad under Bank of India education loan scheme. Bank of India education loan website link is given Click Here

The repayment tenure under Bank of India Education Loan Scheme is 15 years after commencement of moratorium period. The Moratorium period/ repayment holiday under Bank of India Education Loan Scheme is course period plus one year.