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  #1  
23rd February 2015, 07:35 PM
Unregistered
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Is there any difference in interest rate charges to study MBA in India and in Abroad?


Hello sir
please let me know the interest rates
of bank education loan to apply for
doing mba in india and for doing
mba in abroad? is there any differences?
please let me know as soon as possible




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  #2  
27th February 2015, 01:17 PM
SudeepKumarSaha
Senior Member+++++
  
Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: Is there any difference in interest rate charges to study MBA in India and in Abroad?

No, there is no difference in the interest rate charges to study MBA in India or Abroad. However, there will be additional formalities which you need to do to get the education loan sanctioned. The interest rate is decided by Reserve Bank of India and fluctuates all the time. It generally fluctuates between 13.5-14.5 percent for all banks except State Bank of India where the interest rate is one percent lower and fluctuates between 12.5-13.5 percent.
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