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15th March 2012 10:44 AM
jobsick
Re: Bank Loan interest rate for M Pharma course in private college

Studies Abroad : Job oriented Prof./Technical / PG courses/ Post Graduation: - MCA, MBA, MS etc
Age Student should be Indian national, have secured admission by Entrance test / Merit bases selection.
Maximum amount In India : Rs. 10.00 lac
Abroad : Rs. 20.00 lac
Security Up to Rs. 4.00 lac - Clean
Guarantor Above Rs.4.00 lac to Rs.7.50 lac -
Satisfactory third party Guarantee
Above Rs. 7.50 lac
23rd June 2011 05:45 PM
Unregistered
Re: Bank Loan interest rate for M Pharma course in private college

What will be the maximum interest rate on deposit & Loan from Private Banking system
18th May 2011 09:06 AM
Unregistered
Re: Bank Loan interest rate for M Pharma course in private college

Do the student or parent of that student have to pay education loan interest immediately after sanctioning of that loan?
26th January 2011 12:06 PM
Unregistered
Re: Bank Loan interest rate for M Pharma course in private college

is it true that govt. of india decided to reducing the student loan interest up to 4%.and for student whose father is farmer it is to be 1.5 - 2% ? please help me.
7th September 2010 10:46 AM
Unregistered
Re: Bank Loan interest rate for M Pharma course in private college

sir,please tell me the bank name who gives loan to eduction at very low interest rate
16th August 2010 08:27 PM
jiyaa
Re: Bank Loan interest rate for M Pharma course in private college

Hello dear,
it is better to take the study loan,because the rate of interest is low.
normally bank rate varied from 10% to 14%,depends on bank profile,and the amount,also at the duration....
best of luck
11th August 2010 08:24 PM
rohit_k
Re: Bank Loan interest rate for M Pharma course in private college

dear sir
yes,pvt university can be provide education loan facility for all the student .you have to apply any bank like sbi and pnb etc....
for more details please visit on the site www.sbi.co.in and www.pnb.in
good luck
11th August 2010 08:14 PM
Sathishkannan
Re: Bank Loan interest rate for M Pharma course in private college

The bank loan interest may differ according to the banks it is better to get loan from the government bank rather than private bank.
11th August 2010 05:29 PM
Somesh Goenka
Re: Bank Loan interest rate for M Pharma course in private college

Hello,

Just saw this website. Has interest loan rates of various banks:

http://www.apnaloan.com/education-loan-india/rates.html

You will find it helpful.

Good Luck!
11th August 2010 05:25 PM
Somesh Goenka
Re: Bank Loan interest rate for M Pharma course in private college

Hello,


SBI Student Loan Scheme & Interest Rates in India


1. Loan Amount upto Rs. 4.00 Lacs have Rate of Interest is 0.50% below SBAR i.e. 11.25% p.a.

2. Loans above Rs. 4.00 Lacs and upto Rs. 7.50 Lacs have Rate of Interest is 1.00% above SBAR i.e. 12.75% p.a.

3. Loans above Rs. 7.50 Lacs have Rate of Interest is At SBAR i.e. 11.75% p.a.

Good news for Girl candidate applying for Education loan through SBI get An Interest Rate concession of 0.50%.

Repayment Tenure of Education Loan in India


After completing your course you will start Repayment of Education loan as earlier is best. Where SBI gives 12 months for Repayment after completing your course. SBI Gives you 5 to 7 year to complete your Repayment of Education Loan.


Note: Interest rate of Private Banks vary according to their terms and condition. Contact them for details.

Good Luck!
11th August 2010 05:04 PM
Gop
Re: Bank Loan interest rate for M Pharma course in private college

Hi,
Various banks levy various interest rates and schemes for Educational loans. But, One thing for sure, All banks levy less interest rate for these loans as per norms of Government. Yes, you can take Educational loan for M pharm. All needed is you admission certificate and surity. So do check with some near banks on their schemes and interest rates, sort out the best fits or suits you.
All the Best.
11th August 2010 03:51 PM
atanu
Re: Bank Loan interest rate for M Pharma course in private college

dear friend

if you are interest to take loan ...
than take loan for the study loan purpose
because the rate is taking by study loan is very low.
best of luck
11th August 2010 02:31 PM
Rickers
Re: Bank Loan interest rate for M Pharma course in private college

Hello friend,

The education loan is given by about all the bank in india as well as abroad.
The rate of interest for loan will be generally 12% for general candidates.
College matters to get a education loan. If you get a good college then you will get less rate of interset otherwise for private company yo will get more rate of interest.

For more information about the loan in india talk to the branch manager of the bank you want to take loan.

Thank You..
11th August 2010 12:19 PM
toni_vamsi
Re: Bank Loan interest rate for M Pharma course in private college

It depends on the Bank and amount of loan......

u can check n compare rates of diff banks from www.paisawaisa.com
11th August 2010 01:13 AM
adityabhushan
Re: Bank Loan interest rate for M Pharma course in private college

Quote:
Originally Posted by Unregistered View Post
sir/madam,

i am interested in knowing what is the interest rate of bank loan for M Pharma course.

My wife recently joined the course in pharmaceutics in a private college in karnataka


dear,


here the list of interest rate are given as per bank
you can see this,.



42 schemes match your criteria out of 84 schemes
Credila Education Loan Service Floating 10.5 10.5 10.5
SBI - India Floating 11.25 12.75 11.75
Bank of Baroda - India Floating 10.0 12.0 12.0
HDFC Bank - India Fixed 12.0 - 14.0 12.0 - 14.0 12.0 - 14.0
IDBI Bank - India Floating 12.0 13.0 13.0
Allahabad Bank - India Floating 11.25 11.0 11.0
Andhra Bank - India Fixed 11.0 12.75 12.75
Bank of India - India Floating 9.5 10.0 10.75
Bank of Maharashtra - India Floating 10.25 11.0 11.0
Canara Bank - India Floating 11.0 12.0 9.75
Catholic Syrian Bank - India Fixed 12.0 12.5 12.5
Central Bank of India - India Floating 10.0 10.0 10.0
Dena Bank - India Floating 10.0 12.5 12.5
Federal Bank - India Fixed 13.25 14.75 14.75
Indian Bank - India Floating 12.5 12.5 12.75
Indian Overseas Bank - India Fixed 10.25 11.5 11.5
Karnataka Bank - India Fixed 12.25 13.25 13.25
Oriental Bank of Commerce - India Floating 10.75 11.5 11.5
Punjab National Bank - India Floating 10.5 11.25 11.25
State Bank of Mysore - India Floating 11.25 12.75 NA
UCO Bank - India Floating 11.25 11.75 11.75
Union Bank of India - India Fixed 11.75 12.25 11.5
Vijaya Bank - India Floating 11.0 11.0 11.0
City Union Bank - India Fixed 13.75 14.5 14.5
Punjab & Sind Bank - India Floating 12.0 12.0 NA
State Bank of Bikaner& Jaipur - India Floating 10.25 11.75 11.75
State Bank of Hyderabad - India Floating 11.5 12.5 12.5
State Bank of Indore - India Floating 13.0 13.0 12.0
State Bank of Patiala - India Floating 11.25 13.25 13.25
J&K Bank - India Fixed 10.0 11.0 11.0
State Bank of Travancore - India Floating 12.25 12.25 12.25
Syndicate Bank - India Floating 10.0 10.0 9.5
United Bank of India - India Floating 10.25 11.0 NA
Tamilnad Mercantile Bank Ltd - India Floating 13.25 14.75 NA
Lakshmi Vilas Bank - India Floating 15.0 16.0 10.25
Abhyuday Co-op Bank Ltd - India Floating 10.5 10.5 10.5
Karur Vysya Bank - India Floating 12.0 12.0 12.5
Apna Sahakari Bank Ltd - India Fixed 11.0 11.0 11.0
The Ratnakar Bank - India Fixed 13.0 NA NA
Dhanalakshmi Bank Ltd - India Floating 13.0 13.5 13.5
Corporation Bank - India Fixed 11.0 12.0 NA
Saraswat Bank - India Fixed 12.0 12.0 12.0

Updated as on 10 August, 2010

for more details you can visit this sit

http://www.apnaloan.com/education-loan-india/rates.html


with best wishes
aditya
11th August 2010 01:05 AM
happy to help
Re: Bank Loan interest rate for M Pharma course in private college

Education Loan Scheme

Purpose For Studies in India and Abroad
Eligibility Studies in India: Graduation courses/Colleges under Universities approved by UGC. Other courses leading to diploma / degree etc. conducted by colleges / universities approved by UGC / Govt. / AICTE / AIBMS / ICMR etc.

Studies Abroad : Job oriented Prof./Technical / PG courses/ Post Graduation: - MCA, MBA, MS etc
Age Student should be Indian national, have secured admission by Entrance test / Merit bases selection.
Maximum amount In India : Rs. 10.00 lac
Abroad : Rs. 20.00 lac
Security Up to Rs. 4.00 lac - Clean
Guarantor Above Rs.4.00 lac to Rs.7.50 lac -
Satisfactory third party Guarantee

Above Rs. 7.50 lac
Value of collateral security after providing requisite margin as below should be equal to the quantum of finance plus 2 acceptable guarantor.

Computers purchased out of loan be hypothecated.
Margin Up to Rs. 4.00 lac - Nil

Above Rs.4.00 lac -
5% for studies in India
15% for studies abroad
Deduction Limit N.A.
Rate of Interest Loans up to Rs. 4.00 lac (BPLR – 2.00%)
Loans above Rs. 4.00 lac (BPLR - 1.25%)
Simple interest during moratorium period, there after compounded monthly
1% interest concession may be provided to the loanees if the interest is serviced regularly as and when applied during the study period when repayment holiday is specified for interest/ repayment under the scheme. Interest concession is available only for moratorium period.
Repayment EMI – 60 Months (Loan plus int.accrued together)
Moratorium: Course Period + 1 year OR 6 months after getting job whichever is earlier
Processing Fee Nil
Insurance N.A.
Others
Loan will be granted to student with parent as Co-borrower/s
Loan will be disbursed in stages as per requirement directly to Institute / College.
Other Facility Student can apply education loan in online mode through our website. This Facility is presently available only in selected 75 branches (shortly it will be increased to handsome number)
11th August 2010 12:46 AM
Sushant Roy
Re: Bank Loan interest rate for M Pharma course in private college

You should take study loan for this purpose , because its interest rate is comparatively low. It varies from 10.5% to 13.5% interest depending upon the money you take from the bank and duration in which you will going to pay the complete amount.
9th August 2010 11:06 PM
Unregistered
Bank Loan interest rate for M Pharma course in private college

sir/madam,

i am interested in knowing what is the interest rate of bank loan for M Pharma course.

My wife recently joined the course in pharmaceutics in a private college in karnataka

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