Penal Interest: For the loans above Rs. lacs penal interest at 2% be In case of receipt of application of more than one loan for student borrower from a. Andhra Bank Educational Loans for Higher Studies in India and Abroad. · The student should be an Indian National · NRI-if student is holding Indian PassPort. · For. Letter of admission · Filled in Loan Application Form · 2 passport size photographs · Statement of cost of study · PAN Card of the student and Parent/ Guardian.
Andhra bank education loan form -
Click Here to login. Can be made better Question lacks the basic details making it difficult to answer. However, the processing fee is applicable initially and should be refunded after the student avails the loan. Wherever parents are not there, Bank could consider grandparents as co-obligator to the loans taking into account their networth. No need to find colleges in other sites, this is the best site in India to know about any colleges in India. Equated Monthly Installment EMI , which includes interest and principal amount, must be paid by the student or co-applicant on a monthly basis. Tangible collateral security of suitable value acceptable to bank. Students can contact the nearest branch in case of any query. Never miss exam and college updates. Loan Limit. Interest rates applicable on loan will be in sync with interest rates applicable under the Educational Loan Scheme. The question have been saved in answer later, you can access it from your profile anytime.