|
#1
25th November 2018, 04:28 PM
|
|||
|
|||
How much interest charges during moratorium period of Manipur Rural Bank Education Loan for BCA(H) course?
I am trying to apply for an education loan in Manipur Rural Bank for my BCA(H) course. I want to know that for applying an education loan what interest charges during the moratorium period? Kindly tell me immediately. Waiting for your response!
|
|
#2
30th June 2022, 04:34 PM
|
|||
|
|||
Re: How much interest charges during moratorium period of Manipur Rural Bank Education Loan for BCA(H) course?
In the moratorium period , students are not required to pay EMIs but the interest still accrued and adds to the burden.
The interest rate on loan ranges from 11.75% to 13%. During the moratorium period , the lender will compute loans Interest by applying the concept of simple interest . Interest is computed on the amount that is actually offered and not on the entire quantum of loan. |
|
|
Related Topics: |
||
| Thread | Replies | Last Post |
| MBBS course after completing B.Sc in Nursing from abroad? Duration and fee of MBBS course in India? What are the exams to be written to join MBBS course? | 1 | 12th August 2020 02:29 PM |
| Cutoff marks for MBBS? Amount to be paid for management quota in MBBS and BDS? What is the date of BVP CET MBBS? | 7 | 12th April 2016 01:36 AM |
| Which are the various MBBS entrance exams? What is their eligibility criteria? Last years cutoff marks for MBBS in Mumbai and Maharashtra? Names of the reputed MBBS colleges? | 13 | 13th January 2015 01:57 PM |
|
|
Education and Career Forum
