Education and Career Forum

Hello Sir/Madam, I am going to apply for an education loan in Canara Bank. Please tell me about the methods of repayment as I am interested to study MCA(H) through this education loan and I don’t know about the repayment of education loan if I take from this Bank education loan. Please tell me as soon as possible.

Repayment of the loan will be in Equated Monthly Installment upto maximum if 15 years excluding moratorium period.

For skill development loan 3 to 6 years depending upon the quantum of loan

Repayment usually starts after the completion of course period and moratorium period.

The loan can also be paid in lumpsum