Indian Overseas Bank — Education Loan Interest Rate

Address:

638455

Branch - IOB - Kavindapadi branch, Erode dist.
Education Loan Number - [protected]

I got education loan from 2007 to 2010 for my under graduate (B.Tech) and i continued my post graduate (M.Tech) from 2010 to 2012. And also i have paid some interest amount whenever possible.

Doubt
Interest rate may vary time to time?

When i got the loan my loan interest rate is 12% from 31/5/2008 to 26/4/2011 . It has been raised more than 14.5% from 28/5/2011. I have attached education loan statement from your kind perusal.