The Saraswat Co- op Bank Ltd Education Loan

 
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The Saraswat Co- op Bank Ltd Education Loan
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About The Saraswat Co- op Bank Ltd Education Loan
Here you will find Saraswat Bank Education Loan Interest Rates, its Eligibility and Repayment Process.

Saraswati Education Loan

Purpose

For Education in India and Abroad

Eligibility
   
Individual who has secured admission in any of the graduate/post- graduate courses offered by College/Institute/University approved by IBA.

Limit of loan
   
Studies in India – Maximum upto Rs. 10 lakh
Studies Abroad – Maximum upto Rs. 50 lakh

Basis of Advance
   
Upto 90% of cost of the fees and other related expenses.

Repayment Period
   
Maximum 12 years inclusive of moratorium period.
Moratorium: Duration of the course plus an additional period of six months or 3 years whichever is earlier.

Rate of Interest
   
For IBA approved courses

Amount - Floating

Upto Rs 50 lacs  - 12.00% (PLR – 2.50)

Present PLR: 14.5% p.a

0.50% less rate of interest would be applicable in case of girl students.

Processing fees
   
For Studies in India – NIL
For Studies Abroad – 0.5% of the loan amount.

Click Here for more details.

 
 
Comment/ Reviews on The Saraswat Co- op Bank Ltd Education Loan
i need 5 lakhs for education loan
Posted By : sandeep, on 14-05-2012 14:19:36 
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My son got admission for M.Sc (Astronomy) at Netherland. I want the Loan of Rs.20 lacs. I and my wife are employed with salary take home of Rs.65000. Kindly let me know full detail of Education Loan and Present rate of Intt for all the Loan amount with you at present.
Posted By : Muthusubramanian, on 25-03-2012 17:40:08 
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regarding education loan
Posted By : john, on 27-08-2011 07:48:16 
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my self class-1 officer in gom my gross salary 49000/ intake salary after deduction 25000/- my mrs school teacher having a/c in sarswat bank her intake salary after deduction is 20000/- we requird education loan for my dayghter for proffentional studies ie engg in mumbai whether we eligilble for education loan if so how much
Posted By : b n sabnis, on 13-04-2011 16:02:51 
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my self class-1 officer in gom, i gross salary 49000/ ntake salary after deduction 25000/- my mrs school teacher having a/c in sarswat bank her intake salary after duduction is 20000/- we requird education loan for my dayghter for proffentional studies ie engg in mumbai whether we eligilble for education loan if so how much
Posted By : b n sabnis, on 13-04-2011 16:01:53 
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i need to get 5 lakhs of loan for abroad studies. i AM PLANNING FOR ABROAD TO STUDY FOR DIPLOMA COURSES. I WANT TO KNOW ABOUT ALL THE CRITERIA/CONDITIONS FOR DIPLOMAS STUDY LOAN FOR ABROAD.the course is DIPLOMA IN HOTEL&TOURISM MANAGEMENT i got the admission by merit and i need to join on 6th of april 2011.so replay me as soon as possible
Posted By : kavitha, on 25-03-2011 15:58:34 
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how much the rate of interest of 500000 for education in india
Posted By : nilesh maurya, on 14-03-2011 23:04:25 
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how much the rate of interest of 500000 for education in india
Posted By : nilesh maurya, on 14-03-2011 23:03:38 
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how much the rate of interest of 500000 for education in india
Posted By : nilesh maurya, on 14-03-2011 23:02:14 
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how much the rate of interest of 500000 for education in india
Posted By : nilesh maurya, on 14-03-2011 23:01:52 
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how much the rate of interest of 500000 for education in india
Posted By : nilesh maurya, on 14-03-2011 23:01:42 
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