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  #1  
25th September 2016, 01:41 PM
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Details and interest rates under Vidyanidhi Scheme of South Indian Bank?


I want to do MBA and for this I need to get an Education Loan. I have heard about the scheme named, Vidyanidhi Scheme of South Indian Bank. Kindly provide me the details of this scheme and the rate of interest.




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  #2  
28th September 2016, 08:22 PM
Saikiranreddy47475
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Join Date: Jul 2013
Posts: 14,288
Default Re: Details and interest rates under Vidyanidhi Scheme of South Indian Bank?

The South Indian Bank Vidyanidhi Scheme is mainly designed for students who have secured admission in selected Professional colleges in Kerala. It offers only the refundable deposit amount which is to be paid to the institution.

The maximum loan amount offered by South Indian Bank under Vidyanidhi Scheme is Rs. 1,00,000/-. No security is required to get an education loan from this bank. The interest rate of South Indian Bank Vidyanidhi Scheme is MCLR plus 5.20% per annum.
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