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State Bank of Patiala - India (for Education Loan) |
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Bank Name: |
State Bank of Patiala |
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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 college/ hostel/ Examination/ Library/ Laboratory, Purchase of books/ equipments/instruments, Caution deposit/ building fund, Purchase of computer |
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Moratorium 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: |
13.25 |
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Processing Fee: |
Nil |
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Prepayment Charges: |
Nil |
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Collateral Description: |
upto Rs. 4 lakh- Nil, above Rs. 4 lakh to Rs. 7.50 lakh- third party guarantee, above Rs 7.50 lakh- mortgage of landed property or other tangible security |
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Guarantor Description: |
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Margin: |
5% |
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