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Grace period
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What does grace period mean?During grace period on the loan, you pay only interest. You start paying the principal sum after the fifth year of the loan. The duration of the grace period is 4 years and 6 months, which gives you a chance to complete your studies and find a job without hassle.
Who is eligible to use the grace period?Grace period can be granted to students taking full-term BBA courses in the following universities:
In addition, a student should be not less than 20 years. In other case, students can have a co-loaner - any member of his/her family.
Student loan terms with grace period:
TBC Bank Student loans - the first step on the way to your success in the future!
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