Web10.77% per annum. 8. Bank of Baroda Education Loan Interest Rate. Bank of Baroda offers a wide range of education loan with low-interest rates. Bank of Baroda Education loan interest rate starts from 6.85% with repayment duration of up to Rs 15 years. No collateral is required for loans up to Rs 4 lakh. WebLink to SBI website for prevailing interest rates: Click here PNB Pratibha Education Loan Scheme Details of the Scheme: Click here Approval Letter: Click here In case of any difficulty please contact Sh. Kapil Chawla, CoF at [email protected] Last updated: 26-08-2024

UCO Bank Education Loan - Interest Rate, Emi Calculator

WebNov 13, 2024 · If you are searching for an education loan, the interest rates range from 8.45% to 15.2% per annum. These loans come with flexible tenures of up to 15 years. The amount that you can borrow can be Rs 1.5 crore or more depending on the banks' policies. WebRate of Interest charge by the bank depends on the base rate set by IDBI Bank as per the guidelines set by RBI The 1-year MCLR is 9.00%. For loan up to INR 10 Lacs, the RoI is 1 year MCLR+0.85% For loan above INR 10 Lacs, the RoI is 1 year MCLR+1.45%. CALCULATE YOUR EDUCATION LOAN EMI Fill the Loan Amount ₹ pothigai train time

PNB Education Loan - Interest Rates, EMI Calculator, …

WebInterest rate on the loan Loan amount Repayment tenure How to Calculate Your EMI on Education Loans The formula that is used to calculate your education loan Equated Monthly Installment (EMI) would be: EMI Amount = [P x R x (1+R)^N]/ [ (1+R)^N-1] P = Principal amount R = Rate of Interest WebEducation loan under “PNB Pratibha” for wards of primary account holders seeking admission in premier institutes and educational institutions. Financial assistance of Rs. 1 lakh (per year) for 4 years or the actual expenditure whichever is less, for the education of two surviving and dependent children (male or female). WebThere is no margin for education loan upto Rs. 4 Lacs. For education loan above Rs. 4 Lacs, the margin is 15% for studying abroad. Security Upto Rs. 7.50 lacs: Applicants are not required to provide any collateral security for PNB Pratibha Education Loan. Parents/guardians must be co-applicants. pothil