Education and Career Forum

I want to take an education loan from Tamilnad Mercantile Bank. Kindly let me know about the interest rates which will charge in this bank’s education loan because I want to take an education loan for my Diploma Engineering course.

Interest rates against Short Term Study Loan Scheme of Tamilnad Mercantile Bank for Diploma Engineering course are as follows.

Base rate +3.75% = 13.50% per annum.

Current rate for lending Base rate is 9.75% per annum.

For more details please visit the below mentioned attachment.