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  #1  
23rd December 2017, 07:30 PM
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Terms and conditions to get education loan from Syndicate Bank? Interest rate and maximum tenure allowed for it?


I want to apply for an education loan to study Master degree at Syndicate Bank. Please tell me what are the terms and condition for it? Interest rate and maximum tenure allowed for it?




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  #2  
6th January 2018, 08:06 PM
Saikiranreddy47475
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Join Date: Jul 2013
Posts: 14,288
Default Re: Terms and conditions to get education loan from Syndicate Bank? Interest rate and maximum tenure allowed for it?

To get an education loan from Syndicate Bank, you should have secured admission in any course in a recognised college/ university. You have to directly contact the bank manager or you can apply for an education loan through online at the respective bank official website. The interest rate for an education loan in Syndicate Bank is as follows :- Upto Rs. 4 lakhs - MCLR + 1.60%, Above Rs. 4 lakhs to Rs. 7.5 lakhs - MCLR + 1.85% and for above Rs. 7.5 lakhs - MCLR + 2.85% per annum. The maximum tenure for repaying the education loan is 15 years.
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