|
#1
23rd November 2018, 07:30 PM
|
|||
|
|||
Interest rates calculation of Education Loan in Oriental Bank of Commerce for BE aspirant?
Respected Sir/Madam, I am interested to study BE by taking an education loan from Oriental Bank of Commerce. I don’t know how they calculate the interest rates. So, I just want to know about the calculation of education loan. Please tell me asap.
|
|
#2
14th June 2022, 09:19 PM
|
|||
|
|||
Re: Interest rates calculation of Education Loan in Oriental Bank of Commerce for BE aspirant?
Interest rate is 7.30% to 9.30%
If a candidate takes an education loan if Rs 10 lacs for 2 years with an average rate of 12% , then the EMI will be Rs 47,073 The rate of interest on loan is calculated per month. The calculation of interest is mathematical calculation . |
|
|
Related Topics: |
||
| Thread | Replies | Last Post |
| Am I eligible to appear for BITSAT Exam for the year 2013 having completed 12th Class in 2012 and appeared for BITSAT Exam for the year 2012? | 10 | 13th March 2015 12:05 PM |
|
|
Education and Career Forum
