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Education Loans

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S.B.I. ( STATE BANK OF INDIA ) & State Bank of Mysore

BANK: -State Bank of Mysore

Rate of Interest: -Upto Rs. 2lakh upto @ 13.26%

BANK: - State Bank of India

RATE OF INTEREST : - It varies from 13% to 15% on the Amount of loan.

ELIGIBILITY: - 1.Any Basic Qualification to continue the next subsequent Graduation or Post Graduation Course.

2.The admission must the confirmed by the respective institution to the candidate.

PROCEDURE: -1.For more than Rs 25000 of loan, an Asset must the Mortgage as security. The Mortgage asset should be twice the price of the loan taken.

2. In SBM/SBI, the rate of Interest in charged only after the completion of the course.

3. The repayment of the loan is done in installments after 5 years from the date of issue of loan.

4.If the parent/guardian wishes to repay the loan after some time, then it can be done through requesting the concerned manager of the Branch.

From Banks & Govt.

  Canara Bank
  Bank of India
  Dena Bank
  S.B.I. & State Bank of
  Mysore
  Allahabad Bank
  Punjab National Bank
  HDFC
  Syndicate Bank

  From Government


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