Education and Career Forum

Hi friends, I want to apply for Excellence Education Loan Scheme of South Indian Bank. It is a good initiative taken by this Bank for students who are willing to do MBA course. But, I want to know about the interest rates in this scheme of education loan. Please tell me asap.

Interest rates under South Indian Bank Excellence Education Loan Scheme are as follows :-

--> Rate of Interest :- 1 year MCLR plus 0.50% per annum.

You should have secured admission to eligible course in Indian premier institutes like IIT, IIM, NIT, etc., to be eligible to apply for South Indian Bank Excellence Education Loan Scheme.