|
#1
10th August 2019, 03:33 PM
|
|||
|
|||
What amount I will get in Bank of India Education Loan to study MS in Abroad? Interest rates schemes of Bank of India Education Loan?
Sir, I want to do my MS in Abroad. I am interested to do MS in Europe. For this I want to apply for any education loan. My father has an account in Bank of India. I am thinking of visiting in the branch of Bank of India for getting information. But before this I want to know upto what amount they will give me in education loan for my MS? Also tell me the interest rates of this education loan?
|
|
#2
9th September 2019, 01:51 AM
|
|||
|
|||
Re: What amount I will get in Bank of India Education Loan to study MS in Abroad? Interest rates schemes of Bank of India Education Loan?
As per bank of india circular the maximum amount can any get as a education loan is 20 lakh for studies abroad. For studies in India you will get maximum amount of 10 lakh.
For more details you just go and meet the branch official . Basically a margin of 15% for studies abroad. And for studies in India , margin is all about 5%. Coming to collateral security , for a loan amount exceeding 7.5 lakh you must give collateral security which is tangible.. |
|
|
|
|
Education and Career Forum
