Search Queries related to...
Did not get what you were looking for? Ask an Expert
 |
 |
 |
|
Date : Dec 13, 2008 Question I had taken an Educational Loan of 4 lakh from SBI in 2004 for my post graduation. They said me that they would charge a fixed interest rate of 9.25. I started repaying EMI of Rs.7512/- from January 2007 and paid this EMI upto December 2007. Then when I enquired I was still having 4 lakh 74 thousand of outstanding and the bank has started charging interest @11.25. How could they change a fixed interest rate from 9.25 to 11.25? I could not get any satisfactory answer regarding this from SBI. Then, because of my financial problems, I could not repay from Jan 2008. Last month I got a letter from the bank to repay the rest outstanding of 5 lakh Answer 'Fixed' interest rates on education loans are 'fixed' for a certain period of time. The bank can revise these interest rates periodically. It is advisable to repay the loan in time to avoid being a defaulter. This will have an impact on you getting loans in the future. |
||
 |
|
 |
| 20499 | dear sir, i want educational loan for MMS.my father is expired so is it possible for me to atta | ||
| 20490 | sir,i want to have a loan for my mba through CAT,upto 7.5 lakhs.which bank will charge me least | ||
| 20386 | Dear Sir , i want education loan of Rs 750000. What is third party gurantee ? Can anyone give t | ||
| 20385 | Dear Sir , i want education loan of Rs 750000. What is third party gurantee ? Can anyone give t | ||
| 20344 | I am looking for a Education loan for around 10lacs. I am looking out to pursue MBA from one of | ||
| 20323 | hi sir i wanna know about the bank which offers minimum rate of interest on edu . loan up to 7 | ||
| 20314 | Hello Sir, I am planning my carrer abroad in U,K for my post graduatuion for the year 2009. Ple | ||
| 20254 | I got admission in Symbiosis Institite for MBA degree. I am working with Infosys Technologies L | ||
| 20243 | sir, I have already secured admission in Florida Instsitute of Tech for undergrads in Eng.(Aero | ||
| 20220 | Dear sir I am trying for my mba. I am seeking an educational loan for it. My father is a reti | ||
| 20202 | i,m going to do M.B.A.so i want to know which bank will give me loan at the cheap rate of inter | ||
| 20121 | hi, i want an education loan of about 15 lacs for study in uk. i have read all about loan rates | ||
| 20092 | if a student doesnot get job after completion of the course, can the financial institution forc | ||
| 20069 | hello there i have already taken maxium loan of rs 15 lacs against property and i require a loa | ||
| 20047 | My son is going to pursue MBA. Please let me know the banks who provide educational loan at lo | ||
| 20016 | my husband is 34yrs old.he has registered himself for hospitality management course.the expense | ||
| 20015 | i m taking education loan amount- 305000,my father is guarantor he is rly employee, he pay the | ||
| 20011 | Dear Sir ! I have a salary account in HDFC Bank. My current liabilities are as under: 1.I h | ||
| 20006 | I need an education loan to study abroad. so which will be the bank providing the least interes | ||
| 19988 | sir my name s.s dubey and working in ccl.i have taken education loan of rs 2.2lacks from bank o | ||
| 19968 | what is the maximum amount which i can claim for tax rebate if I have taken education loan...is | ||
| 19937 | I am looking for a loan upto 7.50L and am looking for a third party gaurantor. Does this gauran | ||
| 19907 | Harsh, I am planning to apply for an educational loan to study in india. I already took a Perso | ||
| 19893 | I have a hotel property with a Sikkimese partner and I want a loan against mortgaging the prope | ||
| 19883 | We have taken EL for our younger brother but the bank has offered EL for only first year of the | ||
| 19857 | I am NRI, staying in UAE. I NEED EDUCATION LOAN FOR MY DAUGHTER TO JOIN MBBS - MY TOTAL SALAR | ||
| 19851 | Hi sir, My sister wants to become a pilot. I searched and came to know that around 24 lack requ | ||
| 19845 | Sir, I am joining IIPM delhi,i just wanted to know if the State Bank of India provides educatio | ||
| 19831 | I am a HDFC NRI a/c holder, I would like to take education Loan for my son, who is studying MBB | ||
| 19816 | from which date the interest will compounded ? from date of taking loan or after completing edu | ||