Teacher's
Loan >
Features
For payment of placement fee and other deployment-related expenses
Maximum loanable amount of $ 10,000
Term of loan is from 6 to 12 months; monthly mode
With Co-maker
No Collateral
One-time 10% Processing fee
As low as 3.5% interest rate per month
Two (2) months grace period
Post Dated Check (PDC) as mode of payment (newly opened Current
Account
is acceptable and should be under the account
name of the co-maker)
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