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#1
4th May 2019, 01:02 PM
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Interest rates against Development Credit Bank Education Loan Scheme for Diploma Engineering course?
I want to take an education loan from Development Credit Bank. Kindly let me know about the interest rates which will charge in this Bank’s Education Loan Scheme because I want to take an education loan for my Diploma Engineering course.
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#2
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Re: Interest rates against Development Credit Bank Education Loan Scheme for Diploma Engineering course?
The bank offers education loan upto INR 7.5 lacs for Indian colleges and INR 15 lacs for abroad studies.
Interest rate is 9.65% per annum. The processing fee charged by bank is Rs 5000 for loan above INR 4 lacs. The repayment starts after 1 year course completion. |
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