#1
4th April 2015, 12:19 AM
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WBMDFC offers Education Loan to study B.Tech? Rate of Interest charged against Education Loan?
Hello,
I would like to know that WBMDFC is also providing education loan? If yes then what is the rate of interest of education loan if I want to do B.Tech? Please let me know immediately. |
#2
4th April 2015, 06:56 PM
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Re: WBMDFC offers Education Loan to study B.Tech? Rate of Interest charged against Education Loan?
Yes, WBMDFC offers Education Loan maximum upto 2 lakhs per year for study in India and maximum upto 4 lakhs per year for study in Aboard. And these are applicable for Management, Engineering and Medical courses. So, you can apply for WBMDFC Education Loan to pursue B.Tech. And there is no interest for education loan, if you make the repayment in 2 years. If the repayment period exceeds 2 years, then WBMDFC will decide the "Rate of interest", which you can know by visiting its information center.
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