#1
5th August 2015, 02:08 PM
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Indian Bank of India
My brother planning to do his next studies from Abroad, so my father wants to take Education loan from Indian Bank of India, so please provide here details about Indian Bank of India Education loan???
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#2
5th August 2015, 03:17 PM
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Re: Indian Bank of India
Indian Bank of India Education loan details are as given below: Education loan Eligibility The applicant should be an Indian National. He/She should have secured admission to professional/technical courses in India/Abroad through Entrance Test/Merit based selection process. Amount of Loan For studies in India – Rs.15.00 lakh For studies Abroad - Rs.25.00 lakh Margin Upto Rs.4.00 lakhs - Nil. Above Rs.4.00 lakhs:For Studies in India - 5% For Studies Abroad - 15% Repayment Up to Rs.7.50 lakh : Repayable in 10 years Above Rs.7.50 lakh: Repayable in 15 years |