Web4 apr. 2024 · You can avail up to Rs. 20 lakhs education loan without collateral. 1. HDFC Education Loan Without Collateral HDFC Bank offers an education loan with flexible … Web7 aug. 2024 · QUANTUM OF LOAN. Minimum Loan Amount: Above Rs. 7.50 Lacs. Maximum Loan Amount: Inland : Rs. 30.00 Lacs. Foreign: Rs. 40.00 Lacs. MARGIN. Studies in India: 5%. Studies Abroad: 15%. Scholarship / assistantship to be included in margin. Margin may be brought-in on year-to-year basis as and when disbursements are …
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Web17 mrt. 2024 · IOB Education Loan Interest Rate. The bank’s interest rate is RLLR + Spread (Repo Connected Lending Rate + Spread), which means it is linked to the RBI’s repo rate. The RLLR (w.e.f. 1.07.2024) is 6.85 per cent, with a spread of 3.20 per cent, resulting in a 10.05 per cent effective rate of interest. Web11 apr. 2024 · BOI grants collateral-free education loans for shorter tenures. However, it requires collateral security for education loans exceeding Rs. 7.5 lakhs. The collateral can be in the form of immovable property or other assets acceptable to the bank. For loans up to Rs. 7.5 lakhs, no collateral is required, but a third-party guarantee is necessary. housebound and aid and attendance
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WebA customised education loan from HDFC Credila offers: Ease of application: online & doorstep service Competitive rate of interest Attractive tax benefits Up to 100% finance covering tuition fee & living costs Unsecured loan up to INR 75 lakhs Easy EMIs with repayment tenure up to 15 years No margin money Web15 mrt. 2024 · Bank of Baroda offers educational loans to students without collateral. The interest rates at this bank start from 7.35% per year and the repayment period can … Web26 mei 2024 · Cost-effective: Interest rates for education loans are usually lower than other types of loans. Axis Bank, for example, currently offers education loans starting from … housebound allowance for veterans