Quote:
Originally Posted by cat_banda  @ Longlast
I have nearly went through all the banks and checked out their schemes and interest rates in Education Loans.. The lowest interest among all of them is of Bank of India. It's 11% for an Education Loan upto Rs. 7.5 lakhs. Apart from that, all banks have the facility that if you pay the monthly interest during the loan period, u get a discount of 1% in interest rate. Moreover, NIASoM also has a tie-up with Bank of India. So, you can expect the loan to be processed faster and without any hurdles at Bank of India..
Do tell me if u need any further help.. |
Thanks Yaar for the information,,
Can you tell me one more thing ,,what would be the EMI for 5-7 years for a sum of 4.5L.
Is it necessary to have an account in the bank to avail loan facility.
Waitin for your response...