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  #1  
28th June 2015, 04:01 PM
Unregistered
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What is the interest rates charged by IndusInd Bank against Education Loan to study MBA in Abroad?


Sir,
I want to study MBA in Abroad. I want to
apply for an Education Loan. Can you tell
me about the interest rates of IndusInd Bank
for Education Loan?




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  #2  
30th June 2015, 06:12 PM
SudeepKumarSaha
Senior Member+++++
  
Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: What is the interest rates charged by IndusInd Bank against Education Loan to study MBA in Abroad?

The interest rate fluctuates from time to time as per the orders from the Reserve Bank of India. The bank does not have any hand in the interest rate. You need to comply with this norm since the interest rate may decrease or increase from time to time. Usually the interest rate fluctuates from 13 to 14 to percentage and the interest is accounted as simple interest.
Do you have any question? or have anything to say?



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