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  #1  
21st September 2018, 05:26 PM
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Is there any prepayment fine available under Kotak Mahindra Bank Education Loan for studying MS in Abroad?


Respected Sir, I am going to apply for an Education Loan of Kotak Mahindra Bank for studying MS in Abroad. But before that I want to know that is there any prepayment fine available in an educational loan scheme of this bank? If yes, then please let me know.



  #2  
11th August 2022, 10:46 PM
Hera tabrez
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Join Date: Oct 2020
Location: Kanpur
Posts: 6,959
Default Re: Is there any prepayment fine available under Kotak Mahindra Bank Education Loan for studying MS in Abroad?

There is no prepayment fine .
Anyone can pay their education loan at any time.

One can get upto INR 20 lacs for abroad studies.
On getting confirmed admission in a reputed college , one can apply for loan.

For loan upto 4 lacs no security is required and loans exceeding 7.5 lacs need security as well as guarantor.
Do you have any question? or have anything to say?



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