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 Syndicate Bank - India (for Education Loan) |
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Bank Name: |
Syndicate 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,MBBS,Others,Post Graduation courses |
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Cost Covered: |
fee payable to college/ school/ hostel, examination fee, cost of books |
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Moratorium Period: |
1 yr after completion of the course or 6 months after securing job whichever is earlier |
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Interest Rate Type: |
Floating |
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Interest Rate: |
10.0 |
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Processing Fee: |
Nil |
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Prepayment Charges: |
Nil |
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Collateral Description: |
upto Rs 4 lakh- No Security, above Rs 4 lakh to Rs 7.50 lakh- suitable third party guarantee,
above Rs 7.50 lakh- Collateral security with 25% margin covering the loan amount |
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Guarantor Description: |
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Margin: |
5% |
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