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24th October 2018, 12:48 PM
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Repayment tenure under Tamilnad Mercantile Bank Education Loan Scheme for MBBS-Abroad aspirant?


I just want to know that if I am going to apply an education loan from Tamilnad Mercantile Bank then what would be the repayment tenure? I actually want to apply an education loan from this Bank so that I can study MBBS in Abroad that is why I want to know about the repayment tenure.




  #2  
29th October 2018, 05:30 PM
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Default Re: Repayment tenure under Tamilnad Mercantile Bank Education Loan Scheme for MBBS-Abroad aspirant?

Quote:
Originally Posted by Unregistered View Post
I just want to know that if I am going to apply an education loan from Tamilnad Mercantile Bank then what would be the repayment tenure? I actually want to apply an education loan from this Bank so that I can study MBBS in Abroad that is why I want to know about the repayment tenure.

Repayment tenure under Tamilnad Mercantile Bank education loan scheme is up to 15 years after commencement of repayment. Repayment Holiday or Moratorium period in Tamilnad Mercantile Bank is the course period + 1 year or 6 months after getting a job whichever is earlier. Students should be Indian Nationals and should have secured admission in recognized institutions in India or abroad through Entrance Examination or Merit Based Selection process after completion of 10+2 are eligible to apply for the education loans in the Tamilnad Mercantile Bank. Students can find the details in the website link given Click Here
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