NEWS & ADVICE : EDUCATION LOANS
SBI expected to lower educational loan interest rates soon
By Neelima Shankar
Feb 21, 2012
Print    Email    RSS   

The largest lender in the country, State Bank of India may soon reduce the interest rates on education loans. It is expected that SBI can reduce the interest rates on education loans across various maturities by upto 100 basis points.

Earlier last week the Chairman of SBI, Mr. Pratip Chaudhuri said, "We may have an Alco meeting this week itself and it will have education loan rate cut on top of the agenda."

The asset, liability committee (Alco) meeting of the bank was held over the weekend.


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
J&K Bank raises PLR
A detailed guide on education loans for...
Claim tax deduction on education loan
Manage your loans, avoid recovery agents
Carnival of Indian Personal Finance Blogs #3


Education loan of Rs 7.50 lac. After holiday period,...
My SBI Educational Loan Account no is 30429190900....
What happens if i donot pay emi of education loan...
i want check balance for internet
i want eduaction loan for ias coaching.i am an...
my parent are retire and i want education loan which...

NEWS THIS WEEK
Huge number of complaints against SBI bank Jul 23, 2014
Job vacancy in A.P Mahesh urban co-op bank Jul 22, 2014
Reserve bank of India organizing RBI quiz Jul 21, 2014
RBI recruiting for assistant post Jul 18, 2014
Candidates agitated with the Canara bank’s new format for recruiting Jul 17, 2014
News Archive