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#1
26th July 2015, 07:03 PM
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What amount I have to pay in Margin of Scale if apply for Education Loan of Rs. 20 Lacs to study MS in USA?
Hello,
Suppose, if I requires Education Loan of Rs. 20 Lacs for doing MS in USA then what amount I have to pay in Margin of Scale? Waiting for your reply. |
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#2
30th July 2015, 03:19 PM
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Re: What amount I have to pay in Margin of Scale if apply for Education Loan of Rs. 20 Lacs to study MS in USA?
Although the margin depends on the bank from which you are taking loan but the usual margin for most of the banks is 20% for loan amount of 20 lakhs. Apart from this, the bank will also ask for mortgage and third party guarantor if you want loan of 20 lakhs.
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#3
1st August 2015, 01:32 AM
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Re: What amount I have to pay in Margin of Scale if apply for Education Loan of Rs. 20 Lacs to study MS in USA?
Dear Friend..
As you want MS from US and want to take an education loan.. Apart from this you are asking for margin of scale, it totally depends upon bank to bank some bank charge about 10 to 20 percent for the loan amount of 20 lakh while some bank does not such as HDFC bank.. For more details you have to visit to nearest HDFC branch or you can visit to the link for more information. Link: http://www.hdfcbank.com/personal/products/loans/educational-loan/education-loan-for-foreign-education All the best.. |
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