|
#1
18th November 2015, 01:51 AM
|
|||
|
|||
Will SBI take interest for study or education loan?
I have a small query regarding the interest by SBI. Will SBI take interest for the study loan or for education loan?
|
|
#2
18th November 2015, 09:18 PM
|
|||
|
|||
Re: Will SBI take interest for study or education loan?
Yes, SBI will definitely take interest for every loan even if it is study or education loan. The rate of interest for SBI education loan is as follows :-
--> For loans upto Rs.4 lacs :- 3.90% above Base Rate, currently 13.20% p.a. --> Above Rs.4 lacs and upto Rs.7.50 lacs :- 4.15% above Base Rate, currently 13.45% p.a. --> Above Rs.7.50 lacs :- 2.15% above Base Rate, currently 11.45% p.a. |
|
#3
18th November 2015, 11:13 PM
|
|||
|
|||
|
Re: Will SBI take interest for study or education loan?
Here i am providing you the complete detail of interest taken by SBI on education loan.
Loan Amount & Rate of Interest of SBI Student Loan Scheme : ** For loans upto Rs.4 lacs 3.50% above Base Rate, currently 13.20% p.a. ** Above Rs.4 lacs and up to Rs.7.50 lacs 3.75% above Base Rate, currently 13.45% p.a. ** Above Rs.7.50 lacs 1.75% above Base Rate, currently 11.45% p.a. For your knowledge i want to tell you that SBI sanction a maximum education loan of 10 lac rupees for studying inn India. |
Related Topics: |
||
| Thread | Replies | Last Post |
| List of Banks which offer Education Loan of Rs. 7 Lacs to study M.Pharmacy course? Interest rates charge against Education Loan? | 1 | 29th October 2017 05:29 PM |
| How can I apply to get Education Loan from Indian Bank to study B.Tech? Interest rates charges against Education Loan? | 1 | 13th June 2015 02:14 PM |
| WBMDFC offers Education Loan to study B.Tech? Rate of Interest charged against Education Loan? | 1 | 4th April 2015 06:56 PM |
|
|
Education and Career Forum
