How much is the rate of interest on Education Loan scheme offered by Oriental Bank Of Commerce (OBC) ?

As per your request I am here giving you rate of interest detail for Education Loan scheme offered by Oriental Bank Of Commerce (OBC).

Education Loan in Oriental Bank Of Commerce:
Rate of Interest:

For students & working Professionals
Up to Rs. 4.00 Lacs :
MCLR + 2.50% = 12.10%

Above Rs.4.00 Lacs & Upto Rs.7.50 Lacs
Third Party Guarantee
MCLR + 3.00% = 12.60%

Immovable Property or Tangible Assets
MCLR + 1.75% = 11.35%

Above Rs.7.50 Lacs
MCLR + 1.75% = 11.35%

Scheme for Vocational Education & Training
MCLR + 2.50% = 12.10%

For Category A institutions
MCLR = 9.60%

For Category B institutions
MCLR + 0.50% = 10.10%

0.50% concession for Girl Student/ SC/ ST/ Disabled, subject to minimum of Base Rate.

MCLR Benchmark :
Rate of Interest (%) :

Overnight MCLR
9.35%

One-month MCLR (1 month)
9.40%

Three-month MCLR (3 months)
9.45%

Six-month MCLR (6 months)
9.50%

One-year MCLR (1 Year)
9.60%

Here is the attachment

OBC : Loan interest rates