#1  
10th July 2019, 06:49 PM
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Interest rate scheme and recovery process of YES Bank Education Loan for MBA aspirant?


Sir, I want to do MBA course with an education loan. I would like to know what is the interest rates scheme for this course in YES Bank? I don’t want to prefer Financial Institutes so I need to know the interest rates of YES Bank for MBA course. I also want to know how will they recover the amount given in education loan?




  #2  
4th September 2022, 05:51 PM
Hera tabrez
Senior Member+++++
 
Join Date: Oct 2020
Location: Kanpur
Posts: 6,959
Default Re: Interest rate scheme and recovery process of YES Bank Education Loan for MBA aspirant?

The interest rate on education loans ranges from 12.00 to 14.00%
It's available for 15 year
The processing fee is 1% of loan amount.
The interest rate start from 12% onwards and are based on students job prospects after course completion and co borrower repayment capacity.

The education loan can be paid in EMIs over a maximum of 15 years . The bank will activate an ECS on the account from which the loan EMI gets deducted automatically.
Do you have any question? or have anything to say?





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