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Teachers working in government schools and colleges can avail personal loans offered by top lenders in the country at attractive interest rates starting from 10.50% p.a. The maximum amount of loan that can be availed by government teachers as personal loan is Rs.25 lakh which can be repaid in a maximum of 5 years.
Lender | Interest Rate | Loan Amount |
Union Bank of India | 10.50% to 12.00% | Up to Rs.15 lakh |
Syndicate Bank | 13.45% | Up to Rs.3 lakh |
Canara Bank | 12.55% | Up to Rs.3 lakh |
Oriental Bank of Commerce | 11.40% | Up to Rs.10 lakh |
A GST rate of 18% will be applicable on banking services and products from 01 July, 2017.
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Psst... We'll ensure you're the very first to know the moment rates change.
We'll email you immediately! You snooze, you lose.