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 State Bank of Hyderabad - India (for Education Loan) |
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Bank Name: |
State Bank of Hyderabad |
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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,MBBS,Others,Post Graduation courses |
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Cost Covered: |
Fee payable to the educational institution, Caution deposit/ building fund/ refundable deposit supported by institution bills/ receipts |
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Moratorium Period: |
Course period + 1 year or 6 months after getting job, whichever is earlier |
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Interest Rate Type: |
Floating |
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Interest Rate: |
12.5 |
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Processing Fee: |
Nil |
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Prepayment Charges: |
NA |
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Collateral Description: |
upto Rs 4 lakh- No security. Co-obligation of parent / guardian is required, above Rs 4 lakh to Rs 7.50 lakh- suitable third party guarantee,
above Rs 7.50 lakh- Collateral security of suitable value or co-obligation of parents/ guardians/ third party guarantee |
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Guarantor Description: |
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Margin: |
5% |
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