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#1
9th April 2017, 08:45 PM
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Can SBI grant an education loan to study CA course? What will be the moratorium period of the education loan?
Hello sir, I want to apply for an education loan to study CA course at SBI. Please tell me can SBI grant me education loan? What will be the moratorium period of the education loan?
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#2
12th April 2017, 09:21 PM
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Re: Can SBI grant an education loan to study CA course? What will be the moratorium period of the education loan?
Yes, State Bank of India provides education loan to pursue Chartered accountancy course. A maximum amount of Rs. 2 lac may be sanctioned to pursue CA course and the amount distributed in the following manner:
1.Maximum of Rs.20000 i.e. 10% of the loan amount 2.Maximum of Rs.60000 i.e. 30% of the loan amount 3.Maximum of Rs.120000 i.e. 60% of the loan amount. The moratorium period will be the period which is course period plus 1 year or 6 months after securing a job, whichever is earlier. |
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