Education Loan [Back]

  • Interest rate:@14.00% - 17.00%
  • Interest calculation frequency: Daily
  • Repayment: Monthly (EMI) or quarterly basis.
  • Processing fee: @ 1% of the loan amount.
  • Prepayment charge: 1% of the prepaid amount (Prepayment is restricted before 3 months of disbursement)
  • Security coverage requirement: 125% of the funded limit at distress value

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01st August, 2010 [PDF, Size: 328.0KB]


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