ManagementParadise.com : Worlds Leading Management Portal. MBA | Classroom, Boardroom and Beyond


Go Back   ManagementParadise.com Forums - Your MBA Online Degree Program and Management Students Forum for MBA,BMS, MMS, BMM, BBA, students & aspirants. > Management Students Voices ( MBA,BMS,MMS,BMM,BBA) > International MBA

Various Banks of India - Education loan

Various Banks of India - Education loan

Discuss Various Banks of India - Education loan within the International MBA forums, part of the Management Students Voices ( MBA,BMS,MMS,BMM,BBA) category; Details of education loans provided by State Bank of India. Purpose: You can take a loan for pursuing studies in ...

Reply

 

LinkBack Thread Tools Display Modes
Advertisements
Re: Various Banks of India - Education loan
Old
mayank_parmar
mayank_parmar is an unknown quantity at this point
 
 
Institute: XIME
Status: Offline
Posts: 64
Join Date: Jun 2008
Re: Various Banks of India - Education loan - June 13th, 2008

Details of education loans provided by State Bank of India.

Purpose:

You can take a loan for pursuing studies in recognised schools/colleges/ institutions to meet:

* Tuition and other fees
* Maintenance costs, books & equipments,etc.
* Cost of passage (for studies abroad)
* Caution fund/building fund/refundable deposit

Eligibility:

* Should be an India National
* Secured admission to professional/ technical courses through Entrance Test/ Selection process
* Secured admission to foreign university/ Institution

Loan Amount:

Need based finance subject to the repaying capacity of the parents/ students with margin and the following ceilings.
* studies in India - Maximum Rs.7.50 lacs
* studies Abroad - Maximum Rs.15 lacs

Margin:
Upto Rs.4 lacs: No margin

Above Rs.4 lacs
* Studies in India: 5%
* Studies Abroad: 15%

Interest:
Lowest interest rates

Loan Amount Interest Rate
Loans upto Rs.4 lacs SBMTLR presently 12.00 %p.a.
Loans over Rs.4 lacs 1% above SBMTLR presently 13.00 % p.a

* While interest is not required to be paid during moratorium period, payment of the same before start of repayment would entitle you to concession in interest rate applied during the repayment holiday

Repayment of loan:
Repayment Holiday - Course period + 1 year or 6 months after getting job, whichever is earlier.

The loan to be repaid in 5-7 years after commencement of repayment
Advertisements
Friends: (0)
Reply With Quote

Re: Various Banks of India - Education loan
Old
Ridhima Bhasin
ridhima.bh is an unknown quantity at this point
 
ridhima.bh
Student of bcom hons at delhi uinversity
Delhi, Delhi
 
Institute: delhi uinversity
Status: Offline
Posts: 5
Join Date: Jun 2010
Location: Delhi, Delhi
Re: Various Banks of India - Education loan - June 25th, 2010

hey guys!!

i found this interesting article!!! it just made financing mba easier Financing your MBA: Could be a cakewalk!|Go2BSchool News
Friends: (0)
Reply With Quote
The Following User Says Thank You to For This Useful Post:
Re: HDFC - Education loan
Old
Archana J
archanaj is an unknown quantity at this point
 
archanaj
Student of MBA at IBSAR - Institute of Business Studies and Research
Navi Mumbai, Maharashtra
 
Status: Offline
Posts: 4
Join Date: Jan 2011
Location: Navi Mumbai, Maharashtra
Re: HDFC - Education loan - February 10th, 2011

HDFC provides education loans for students studying in IBSAR - Institute of Business Studies and Research.

Website URL: http://ibsar.ac.in
Facebook Profile: http://www.facebook.com/pages/Ibsar-...66635656712633
Friends: (0)
Reply With Quote
Reply

Bookmarks

Tags
banks, education, india, loan

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On


Login
Forgot Password?  New User?
  

» Ads





» Recent Threads

Corliss Institute Group...
Last post by Eleanore Clemons
25 Minutes Ago 12:15 PM
0 Replies
Happy Dhanteras Quotes,...
Last post by Krunal Dhabhi
1 Hour Ago 10:51 AM
1 Replies
Solution manual on...
Last post by Andrew Ken
6 Hours Ago 06:35 AM
1 Replies
Marketing Strategies for... ( 1 2 3)
Last post by Waheed Jan
14 Hours Ago 10:26 PM
24 Replies
International Marketing ( 1 2 3... Last Page)
Last post by Waheed Jan
14 Hours Ago 09:54 PM
77 Replies
Top 5 Beautiful Rangoli...
Last post by Dharmik Moni
15 Hours Ago 08:44 PM
2 Replies
Diwali latest Rangoli...
Last post by Dharmik Moni
15 Hours Ago 08:43 PM
2 Replies
New NFL Record by Peyton...
Last post by Dharmik Moni
16 Hours Ago 08:23 PM
0 Replies
Hurricane Gonzalo...
Last post by Dharmik Moni
17 Hours Ago 07:26 PM
0 Replies
Wisdom does not come...
Last post by Mahi Menon
18 Hours Ago 06:16 PM
2 Replies
Why should we select... ( 1 2)
Last post by Mahi Menon
18 Hours Ago 06:13 PM
11 Replies
Are english skills...
Last post by Mahi Menon
18 Hours Ago 06:12 PM
6 Replies
Should tobacco companies...
Last post by Mahi Menon
18 Hours Ago 06:10 PM
3 Replies
Do Aliens Really Exhist?
Last post by Mahi Menon
18 Hours Ago 06:09 PM
6 Replies
Hard work or Smart work... ( 1 2)
Last post by Mahi Menon
18 Hours Ago 06:07 PM
13 Replies

» Projects Helpline

Solution manual on...
Last post by Andrew Ken
6 Hours Ago 06:35 AM
all problem solution...
Last post by Maa Sulekha
20 Hours Ago 04:39 PM
Stock Marketing TYBMS...
Last post by Rajat Audichya
4 Days Ago 05:42 PM
CRM- Hotel Industry
Last post by Matt Martin
5 Days Ago 10:32 PM
advertising in telecom...
by kpis_02
Last post by Mohit Utmani
6 Days Ago 10:45 AM
ManagementParadise.com is not responsible for the views and opinion of the posters. The posters and only posters shall be liable for any copyright infringement.


Management Paradise
About Us
Press
Jobs
Contact Us
Kartik Raichura
Legal
Terms & Conditions
Privacy Policy
Disclaimer
Copyrights
Help
Zeitgeist
Support
FAQs
Tour
Feedback
Partners
Follow
Copyright © 2004 - 2013 Management Paradise. Site Developed by Available.co.in