#1  
27th December 2022, 07:41 PM
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How much interest is charged in Student Loan?


Please, tell me how much interest is charged in student loan.




  #2  
28th December 2022, 03:35 PM
Aiman Afifa
Senior Member+++++
 
Join Date: Jan 2022
Posts: 4,398
Default Re: How much interest is charged in Student Loan?

Different banks have different charges like in HDFC Bank9.55% to 13.25% p.a. for full time course.

12.75% for part time course.

Karnataka Bank 9.95%p.a.onwards

Federal Bank 12.30% p.a.onwards
  #3  
28th December 2022, 09:06 PM
Crenchekids
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Join Date: Mar 2019
Posts: 4,051
Default Re: How much interest is charged in Student Loan?

The interest rates will be floating for entire period of loan and is different for different bank. State Bank of India charges Education Loan Portal mean rate of interest 9.37%.
  #4  
29th December 2022, 06:04 PM
Msdhoni02
 
Join Date: May 2021
Posts: 4,040
Default Re: How much interest is charged in Student Loan?

How much interest is charged in Student Loan?

Interest rate of 11.65% to 11.90% is charged in student loan by banks in India.
Given are the banks that can give you an education loan easily:

1. Axis Bank,

2. ICICI Bank,

3. HDFC Bank,

4. Kotak Bank.
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