Student Education Loans by Ratnakar Bank
Eligibility
Loan available for Higher Education, Studies in India and Abroad.
Loan Amount
- Maximum up to Rs. 7 Lakhs for studies in India.
- Maximum up to Rs. 15 Lakhs for studies Abroad.
Margin
- No Margin for loans up to Rs. 4 Lakhs.
- 5% Margin for loans above Rs. 4 Lakhs.
Security
No Security up to Rs. 4 Lakhs
Repayment Period
Repayment Period 7 years.
Processing charges.
No processing charges.
Interest Rate
Interest rate as per PLR for loan up to Rs. 4 Lakhs and PLR +1% for loans above Rs. 4 Lakhs.


|