Website : http://andhrabank.in/
Bank Type : Nationalised Bank
Provided study loan amount in India : Upto 10 Lakhs
Provided study loan amount in Abroad : Upto 20 Lakhs
Coverage :
To meet cost of Tuition fee, Hostel fee, Examination fee, Books, Project work, Study tours, and Refundable deposits. AIR PASSAGE AND MAINTENANCE, FOR ABROAD STUDIES.
Margin
Up to Rs.4.00 Lacs Exempted.Above Rs.4.00 Lacs 5% In India 15% for Abroad Studies.
Interest rate
Up to Rs.4.00 Lacs–(BMPLR -1.25) – Presently 11.75%.Above Rs.4.00 lacs–(BMPLR + 0.50) presently 13.50%.(BMPLR at present: 13.00%)
Security :
Up to Rs.4.00 Lacs guarantee of parent.Rs.4.00 to 7.50 lacs – guarantee of the parent.Above Rs.7.50 Lacs–Collateral Security of suitable value & guarantee of the parent
No comments:
Post a Comment