#1
26th July 2016, 04:48 PM
| |||
| |||
Current BPLR Of State Bank Of Patiala
Hii Buddy , I want to know What is the State Bank of Patiala Bank Prime Lending Rate for Education Loan and Eligibility Details , Would you please Provide me ?
|
#2
26th July 2016, 05:02 PM
| |||
| |||
Re: Current BPLR Of State Bank Of Patiala
Bank Prime Lending Rate is the Minimum Rate of Interest that a bank is allowed to charge from its customers. Eligibility Criteria Should be an Indian National Secured admission to professional/ technical courses through Entrance Test/ Selection process Secured admission to foreign university/Institution Courses Eligible Studies in India (Indicative list) Graduation courses: B.A., B.Com. B.Sc., etc. Post Graduation courses: Masters & Phd. Professional courses: Engineering, Medical, Agriculture, Veterinary, Law, Dental, Management, and Computer etc. Computer certificate courses of reputed institutes accredited to Dept. of Electronics or institutes affiliated to a university. Courses like ICWA, CA, CFA etc. Courses conducted by IIM, IIT, IISc , XLRI, NIFT Rate of Interest: Up to Rs 4 Lacs:0.75 % below BPLR Above Rs 4 lacs: -1% above BPLR Margin: Up to Rs 4 lacs: Nil Above Rs 4 Lacs: Studies in India Quantum of Finance: Studies in India-Max Rs 10 lacs Studies in abroad-Max Rs 20 lacs Repayment: Repayment to be made after completion of moratorium pr\period i.e. course period+1 year or 6 month after getting job, whichever is earlier? The loan to be repaid in a maximum of 5-10 years after commencement of Repayment Documents Required: Completed application form Mark sheet of last qualifying examination, proof of admission schedule of expenses and duration of courses. Passport size photographs, passport/ID card/Voter card/PAN card etc of student /parent/guardian and guarantor Details regarding the guarantor Proof of income of the borrower/guarantor Title deed of the property or other securities and other related papers |
|