#1
3rd October 2017, 04:53 PM
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When to apply for education loan at Bank of India? Maximum interest rate for the loan?
I have passed 12th with PCB group and now want to study Agricultural Engineering course so, I need education loan for it. When to apply for it at Bank of India? Maximum interest rate for the loan?
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#2
14th October 2017, 09:04 PM
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Re: When to apply for education loan at Bank of India? Maximum interest rate for the loan?
You can apply for an education loan at Bank of India once, you have secured admission in Agriculture Engineering course in any recognised college/ university. You can apply for an education loan at the respective bank official website or directly by visiting the bank. You need to submit the documents like Admission Letter, Income Proof, ID Proof, Address Proof, etc., to bank for processing your education loan. The maximum interest for an education loan is 1 year MCLR + 0.10% in Bank of India.
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