hi can know thay payment process and any education loan facility
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1 Answer
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Hi,
As per your query it seems that you are interested in getting information about education loan, then please remember nowadays almost all the banks offer education loan to students, to pursue their education in India or Abroad.
The banks offer maximum loan of Rs 10 Lac for education in India and Rs 20 Lac for education abroad.
The repayment period vary from 5-7 years.
The bank do not ask for any collateral security up to the amount of Rs4 lac, but if the amount exceeds Rs 4 lac then the bank will ask for collateral security.
The repayment of the loan amount starts after 6 months of completion of course or after 6 months of getting job...more
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