I have a friend who is need of Educational loan. He is from a low income group. He will need about 4lakhs for his education and will start repaymant after getting a job. I need the answer to help him in getting the loan.
2006-08-14 01:27:46 · 1 answers · asked by DUM 1 in Education & Reference ➔ Higher Education (University +)
The rate of interest charged by nationalised banks is cheaper than rate of interest charged by private banks. The rate of interest being charged by nationalised banks is almost same ( with slight difference). The interest charged by nationalised banks is on reducing balance basis.
Do you want terms and conditions of bank's educational loans.The scheme of Punjab & Sind Bank can be viewed on site :
http://indiaeducation.info/EducationLoans/PunjabAndSindBank/
The schemes of other banks are almost same but may be slight difference here and there.
2006-08-14 04:55:15 · answer #1 · answered by PK LAMBA 6 · 0⤊ 0⤋
1
2016-10-23 19:15:05 · answer #2 · answered by ? 3 · 0⤊ 0⤋