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Resources » Articles/Knowledge Sharing » Educational Loans »

Indian Bank


Posted Date: 12 May 2009    Resource Type: Articles/Knowledge Sharing    Category: Educational Loans
Author: Nithya KrishnaMember Level: Gold    
Rating: 3 out of 53 out of 53 out of 5Points: 2



India Bank- Educational Loan

Eligibility:
*Applicant should be a citizen of India
*He / She should have secured admission to professional / technical courses in India or abroad through Entrance Test / Merit based selection process.
*Age limit for students to study in India is from 15 to 30 Years
*Age limit for students to study abroad is from 18 to 35 Years.

Course of study in India:
*Diploma/Graduation/Post-graduation courses in various disciplines.
*Computer certificate courses of reputed institutes.

Course of study Abroad:
*Job-oriented professional/technical courses offered by reputed universities.
*MCA, MBA, MS etc.
*Courses conducted by CIMA – London, CPA in USA etc.

The Minimum permissible amount of Loan to Study in India is Rs.10lakhs and for abroad is Rs.20lakhs.

Particulars to be submitted:
-Proof of residence
-Academic record
-SSLC/TC/HSC/Mark list
-Community Certificate
-Family Income
-Admission letter/Bonafide student certificate from the College/University
-Fee structure from the College/University
-Passport/VISA for studies abroad
-Parent's/Guardian's Co-obligation
-Margin (Above Rs.4.00 lakhs)
For studies in India: 5%
For studies abroad: 15%


Apply online for Loan from the following link: http://210.212.240.181/edln/






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