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Old 6th July 2012, 09:39 AM
mohankumarbr
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Default Central Bank of India Education Loan Repayment

Sir, I want to do MBA. For it I will have to take Education Loan. Give me all the important rules about it. Does CBI(Central Bank of India) give that. Would you help me about if by giving interest rate, repayment, terms & condition, procedure of this bank?
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  #2  
Old 6th July 2012, 11:32 AM
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Join Date: May 2012
Default Re: Central Bank of India Education Loan Repayment

Central Bank of India Education Loan Repayment rules are:

You have to repay the loan after 12 months of completion of study or 6 months after getting job. 1% interest concession will be given, if interest is serviced during study period. It should be given at the end of Financial Year i.e. 31st March. Maximum period for submitting the load should be within 5 to 7 years.
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