#1
January 23rd, 2018, 08:52 AM
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Education Loan Repayment Indian Bank
Hi buddy here I have come to collect info related to Indian Bank Education Loan Repayment , so will you plz let me know about the same ?? |
#2
January 23rd, 2018, 08:53 AM
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Re: Education Loan Repayment Indian Bank
As you want here I am telling Indian Bank offers education loans at a floating interest rate of 12.50% per annum with a concession of 0.50% on the interest rate under the IBA scheme for female students. As you asking I am telling Repayment of an Indian Bank education loan can be initiated either after the completion of the course or a year after the applicant has got a job. Loan amounts up to Rs 7.50 lakhs have to be repaid within a period of 10 years and loans availed above Rs 7.50 lakhs can be repaid within 15 years. Bank profile: Type Public Traded as BSE: 532814 NSE: INDIANB Industry Banking, Financial services Founded 15 August 1907; 110 years ago Headquarters Chennai, India Key people Kishore Kumar Kharat (MD & CEO) M K Bhattacharya & A S Rajeev (Executive Directors) Products Consumer Banking Corporate Banking Finance and Insurance Mortgage Loans Investment Banking Merchant Banking Private Equity Private Banking Savings wealth management Credit Cards Revenue 7,370.16 crore (US$1.1 billion) (20170 Operating income 4,000.7 crore (US$620 million) (2017) Net income 1,405.68 crore (US$220 million) (2017) Total assets 218,233.15 crore (US$34 billion) (2017) Owner Government of India Number of employees 20,924 (2017) Capital ratio 13.20% |
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