#1
May 30th, 2016, 02:47 PM
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State Bank Of Hyderabad Education Loan Interest
Hello sir, I am Rajnish. I am from Hyderabad. I want you to help me by giving me some information about the State Bank of Hyderabad Education loan and its interest rates. Can you help me?
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#2
May 30th, 2016, 02:48 PM
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Re: State Bank Of Hyderabad Education Loan Interest
As you have asked about the State Bank of Hyderabad Education loan and its interest rates, I am giving you information about it, check below for the details Features of Educational Loan: Amount of Loan: For studies in India, maximum `10 lacs Studies abroad, maximum `20 lacs Interest rates: EDUCATION LOAN Interest rates Upto 4 Lacs 12.00 Above 4 Lacs & up to 7.5 Lacs 12.25 Above 7.5 Lacs 12.75 Gyan Shakti 10.75 Margin: For loans up to `4 lacs: No Margin For loans above `4 lacs: Studies in India: 5% Studies Abroad: 15% Security: Amount: For loans upto `10 lacs for Studies in India and upto 20 lacs for studies abroad Upto `4 lacs: No Security Above `4 lacs to `7.50 lacs: Collateral security in the form of suitable third party guarantee. Above `7.50 lacs.: Tangible collateral security of suitable value, along with the assignment of future income of the student for payment of installments. Eligibility: Student Should be an Indian National Secured admission to professional/ technical courses through Entrance Test / Selection process Secured admission to foreign University / Institution |
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