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 Canara Bank - India (for Education Loan) |
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Bank Name: |
Canara Bank |
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Study In: |
India |
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Type of Courses Eligible: |
CA,Commercial Pilot,Diploma/ Degree courses,Graduation courses,LLB,MBA,Others,Post Graduation courses,MBBS |
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Cost Covered: |
Course fees, purchase of books, equipments, instruments, payment of hostel fees, examination fees |
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Moratorium Period: |
1 year after course completion/ 6 months after getting a job (whichever is earlier) |
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Interest Rate Type: |
Floating |
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Interest Rate: |
12.0 |
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Processing Fee: |
Rs 250 |
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Prepayment Charges: |
Nil |
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Collateral Description: |
for loans above Rs 4 lakh- Collateral in the form of satisfactory third party guarantee |
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Guarantor Description: |
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Margin: |
5% |
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