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  #1  
3rd June 2018, 01:22 PM
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Interest rates calculation of Education Loan in SBI?


I am interested to study BTech by taking an education loan from SBI Bank. 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.




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  #2  
5th June 2018, 09:23 AM
Saikiranreddy47475
Senior Member+++++
  
Join Date: Jul 2013
Posts: 14,288
Default Re: Interest rates calculation of Education Loan in SBI?

Interest rates of SBI education loan are mentioned below :-

--> For loans upto Rs. 7.5 lakhs :- 10.15% per annum
--> For loans above Rs. 7.5 lakhs :- 10.90% per annum.

Concession of 0.50% on rate of interest is provided to girl candidates under education loan offered by SBI.
  #3  
31st July 2018, 05:33 PM
Narendra2121
Senior Member
  
Join Date: Jul 2018
Location: Hyderabad
Posts: 375
Default Re: Interest rates calculation of Education Loan in SBI?

Interest rates calculation of education loan in SBI are

1)For loans upto Rs. 7.5 lakhs :- 10.15% per annum
2)For loans above Rs. 7.5 lakhs :- 10.90% per annum
Do you have any question? or have anything to say?



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