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  #1  
9th November 2017, 09:41 AM
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Maximum interest rate chargeable by SBI on education loan worth 12 lakhs?


Sir, I want to apply for an education loan of 12 lakh to study MBA curse in abroad. I want to know maximum interest rate chargeable on it by SBI?




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  #2  
10th November 2017, 05:33 PM
shahi jee
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Join Date: Jul 2017
Location: Bihar
Posts: 5,804
Default Re: Maximum interest rate chargeable by SBI on education loan worth 12 lakhs?

Maximum interest rate chargeable by SBI on education loan worth 12 lakh for pursuing MBA from abroad is 10.75% and 0.50% concession for girl students.
  #3  
10th November 2017, 10:26 PM
Saikiranreddy47475
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Join Date: Jul 2013
Posts: 14,288
Default Re: Maximum interest rate chargeable by SBI on education loan worth 12 lakhs?

The maximum interest rate charged by SBI for an education loan amount greater than Rs. 7.5 lakhs is 10.85% per annum. You should have secured admission letter (i20) for pursuing MBA course from any recognised Abroad university to apply for an education loan. For more details regarding education loan offered by SBI, you can check the details at SBI official website https://www.sbi.co.in/portal/web/stu...education-loan.
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