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20th December 2016, 06:13 PM
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How to apply for an education loan at Federal bank? Interest rate of this bank?


Hello sir, I want to apply for an education loan at Federal bank. Please tell me what is the interest rate of this bank? How to apply for an education loan?





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  #2  
21st December 2016, 07:45 PM
Saikiranreddy47475
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Join Date: Jul 2013
Posts: 14,288
Default Re: How to apply for an education loan at Federal bank? Interest rate of this bank?

To apply for an education loan at Federal Bank, you need to visit the bank directly and apply by filling the application form or you can download the application form from the bank website and submit it any branch office where you wish to take an education loan. The interest rate of education loan in this bank is MCLR + 1.20% to 5.80%. You should have secured admission to a higher education course in a recognised institute to be eligible to get an education loan from federal bank.
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