#1  
30th September 2014, 01:07 PM
Unregistered
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If the total expense if more then 4 Lacs will bank education loan cover the whole expense?


Can someone please tell me that if fee structure of clat including tuition fee and the hostel fee is more than 4 LAcs? Will bank loan cover all these expenses together?




  #2  
9th January 2015, 07:32 PM
Rahul9596
Senior Member
 
Join Date: Dec 2014
Posts: 306
Default Re: If the total expense if more then 4 Lacs will bank education loan cover the whole expense?

Generally bank covers following expenses-

>>Tuition Fee expenses.
>>Library funds.
>>Books Charges.
>>Travel expenses.
>>Refundable deposits.

So do not worry if your total expenses will above 4 Lakh but most of the banks charges more interest rate on loan amount of more than 4 Lakh.
Do you have any question? or have anything to say?



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