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Old 14th November 2015, 01:57 PM
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Default Syndicate bank education loan interest rate

Hello, I want to apply for the educational loan at the Syndicate bank and I want to know the interest rate.
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Old 14th November 2015, 02:00 PM
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Default Re: Syndicate bank education loan interest rate

Hello, I am providing the details of the educational loan at the Syndicate bank as under:
For Syndicate Bank education loans up to INR 4 lakhs, the interest rate is Prime Lending Rate (PLR) minus 1.50 percent. For Syndicate bank education loans above INR 4 lakhs, the interest rate is PLR minus one percent.

Eligibility criteria:
Any student who is a major representing himself or a minor student represented by parent or guardian of Indian nationality.
Candidate must have secured admission on the basis of merit to professional/ technical/other courses through entrance test/selection process
Deviation/relaxation is also permitted under special circumstances.
Must have secured admission to foreign universities/Institution (for studies abroad)

Student Eligibility
Should be an Indian National
Secured admission on the basis of merit to professional/technical courses through Entrance Test/Selection process
Deviations/relaxations are also permitted under special circumstances.
Secured admission to foreign university / institutions
The student who is a major representing himself or a minor student represented by parent or guardian.

Repayment of loan:
In 5 to 7 years commencing one year after completion of the course or 6 months after securing the job whichever is earlier.

Details of the education loan of the Syndicate bank:



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