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

Treasury and fund... ( 1 2)
Last post by Anil Kumar
4 Hours Ago 04:51 PM
13 Replies
Make Money thurough...
Last post by Market Magnify
4 Hours Ago 04:36 PM
3 Replies
Happy Parents D Day 2014...
Last post by Vinod Gupta
6 Hours Ago 02:33 PM
0 Replies
9 Tricks Of The...
Last post by Hrishita Sahay
7 Hours Ago 01:33 PM
1 Replies
Lawn Bowls Mens Triples...
Last post by Vinod Gupta
8 Hours Ago 12:50 PM
0 Replies
DEFINATIONS OF EVERY... ( 1 2 3... Last Page)
Last post by Hrishita Sahay
8 Hours Ago 12:49 PM
63 Replies
OPENMAT 2014 Exam Dates...
Last post by Pramit Singh
8 Hours Ago 12:18 PM
0 Replies
Solution manual on... ( 1 2 3)
Last post by Bhautik Kawa
9 Hours Ago 11:43 AM
20 Replies
Indian Rupee Update by...
Last post by Epic Research
9 Hours Ago 11:34 AM
2 Replies
Asian Markets Update by...
Last post by Epic Research
9 Hours Ago 11:32 AM
2 Replies
Solution manual on... ( 1 2)
Last post by Bhautik Kawa
9 Hours Ago 11:29 AM
18 Replies
Test bank on Business...
Last post by ?? ?
23 Hours Ago 09:39 PM
3 Replies
List The TOP 20... ( 1 2 3)
Last post by Neeta Khanna
1 Day Ago 03:08 PM
20 Replies
Top List of Various MBA...
Last post by Pramit Singh
1 Day Ago 12:38 PM
0 Replies
Should mobile phones be...
Last post by Hrishita Sahay
1 Day Ago 12:09 PM
1 Replies

» Projects Helpline

Retail Management Notes
Last post by Bhautik Kawa
3 Days Ago 10:56 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