Why For/Purpose /Objective:
Ratnakar Bank Education Loan provides the finance support for students Higher Education, Studies in India and Abroad
Quantum/ Amount of Loan
Studies in India - Maximum Rs.07.00 lacs
Studies abroad - Maximum Rs.15.00 lacs
Margin/ Allowance:
Upto Rs.4.00 lakhs – No
Above Rs.4.00 lakhs – 5%
Rate of Interest:
Interest rate as per PLR for loan up to Rs. 4 Lakhs and
PLR +1% for loans above Rs. 4 Lakhs.
Repayment/ Tenures:
Repayment Period 7 years.
Security:
No Security up to Rs. 4 Lakhs
Contact
Kolhapur Tel: 011- 2656831, 2650981 – 984.
Website
http://www.theratnakarbank.com/
