Citizens Bank International Education Loan interest rate 2083
Citizens Bank International Education Loan: effective rate 9.51%, EMI from Rs. 21,007 per month. Compare with 19 other banks.
#9 / 20 banksAwaiting verificationEffective from 1 Bhadra 2083
Rate breakdown
Base rate
6.93%
Premium
2.58%–3.08%
Effective rate
9.51%–10.01%
Fixed
11.01%–12.01%
- Processing fee
- 0.5% (Min Rs. 1,000)
- Prepayment penalty
- 1.04%
- Loan amount
- Rs. 2 Lakh – Rs. 1 Cr
- Tenure
- 12 – 180 months
- Max financing
- 8%
- Age
- 21 – 40 years
Highlights
- Nepal and abroad study
- Moratorium during study
- Covers tuition, living and travel
Who is eligible
Admission letter and fee structure required. Parent or guardian as co-borrower.
Documents you will need
- Citizenship certificate (copy)
- 2 passport-size photos
- Latest 6 months bank statement
- PAN card
- Admission letter
- Fee structure
- Passport (for abroad)
Citizens Bank International Education Loan FAQ
What is Citizens Bank International's current Education Loan interest rate?+
Citizens Bank International's Education Loan floating rate is base rate 6.93% plus a premium of 2.58% to 3.08%, giving 9.51% to 10.01% effective from Bhadra 2083.
What is the EMI on a Rs. 10 Lakh Education Loan from Citizens Bank International?+
At 9.51% over 60 months, the EMI is roughly Rs. 21,007. Use the calculator above to change the amount or tenure.
Can I prepay a Citizens Bank International Education Loan?+
Yes. The published prepayment charge is 1.04% of the outstanding balance. Confirm with the branch, as some banks waive it after a minimum period.