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Showing posts with label Education Loan. Show all posts
Showing posts with label Education Loan. Show all posts

July 11, 2015

Dena Bank Education Loan - Interest Rate, Eligibility

Dena Bank Education Loan - Interest Rate, Eligibility

1.Dena Bank Education Loan (Dena Vidya Laxmi Educational Loan Scheme) will be providing education study loan for India, Abroad for college student. so All the interest Candidates to follow the Interest rate, Criteria, EMI Calculator, Subsidy Procedure, Scheme to below will providing below.

 2. Dena Bank Education Loan (Dena Vidya Laxmi Educational Loan Scheme) official Website @ www.denabank.com

 3. Dena Vidya Laxmi Educational Loan Scheme

 4. Dena Bank Education Loan (Dena Vidya Laxmi Educational Loan Scheme) Course Eligibility

 5. Dena Bank Education Loan (Dena Vidya Laxmi Educational Loan Scheme) Study in India: Graduation courses, Post-Graduation courses, Masters & PhD, Professional courses.

 6. Dena Bank Education Loan Study Abroad: Graduation for professional/ technical courses offered by reputed universities; Post Graduation (MCA, MBA, MS)

 7. Dena Bank Education Loan (Dena Vidya Laxmi Educational Loan Scheme) Loan Amount

 (a) Upto Rs.10 lakhs for studies in India.
(b) Upto- Rs. 20 lakhs for studies abroad.

 8.Dena Bank Education Loan (Dena Vidya Laxmi Educational Loan Scheme) Margin

 (a) Upto Rs. 4 lakhs - NIL for study in India and abroad.
(b) Above Rs. 4 lakhs- 5% for study in India and 15% for study abroad.

 8.Dena Bank Education Loan (Dena Vidya Laxmi Educational Loan Scheme) Repayment

 Moratorium- Course period + 1 year or 6 months after getting a job, whichever is earlier.
Repayment period- 5-7 years after start of repayment.

 9.For More Details Please Visit: www.denabank.com/viewsection.jsp?id=0,4,26,68
SBI Education Loan Online Application Form, Interest Rate, Abroad

SBI Education Loan Online Application Form, Interest Rate, Abroad

SBI (State Bank Of India) Education Loan Online Application Form, Interest Rate, Abroad : 1. State Bank Of India Education Loan SBI will be providing education study loan for India, Abroad for college student. so All the interest Candidates to follow the Interest rate, Criteria, EMI Calculator, Subsidy Procedure to below will providing below.

2. State Bank Of India Education Loan official Website @ www.statebankofindia.com

3. State Bank Of India Education Loan Eligible Courses

All courses having employment prospects are eligible : (a) Graduation courses/ Post graduation courses/ Professional courses
(b) Other courses approved by UGC/Government/AICTE etc.

4. State Bank Of India Education Loan Expenses considered for loan
(a) Fees payable to college/school/hostel
(b) Examination/Library/Laboratory fees
(c) Purchase of Books/Equipment/Instruments/Uniforms
(d) Caution Deposit/Building Fund/Refundable Deposit (maximum 10% tution fees for the entire course)
(e) Travel Expenses/Passage money for studies abroad
(f) Purchase of computers considered necessary for completion of course
(g) Cost of a Two-wheeler upto Rs. 50,000/-
Any other expenses required to complete the course like study tours, project work etc.

5. State Bank Of India Education Loan Amount of Loan
(a) For studies in India, maximum Rs. 10 lacs
(b) Studies abroad, maximum Rs. 20 lacs

6. State Bank Of India Education Loan Interest Rates
(a) For loans up to Rs.4 lacs - 12.25% p.a. Floating
(b) For loans above Rs.4 lacs - 13.25% p.a. Floating

7. State Bank Of India Education Loan Security : Upto Rs 4 lacs no security. Above Rs. 4lacs : collateral security equal to 100% of loan amount or guarantee of third person known to the bank and good for the loan amout.

8. State Bank Of India Education Loan Margin
(a) For loans up to Rs.4.0 lacs : No Margin
(b) For loans above Rs.4.0 lacs:
(c) Studies in India: 5%
(d) Studies Abroad: 15%

9. State Bank Of India Education Loan Repayment :

10. State Bank Of India Education Loan Repayment holiday/Moratorium: Course period + 1 year 0r 6 months after getting job/starts earning, whichever is earlier. The loan to be repaid in 5-7 years after commencement of repayment

11. For More Details Please Visit: https://www.sbi.co.in/user.htm?action=sbiEdulLoan or https://www.sbi.co.in/portal/web/student-platform/student-loan

February 19, 2015

Union Bank of India Education loan Online Application Form, Interest Rate, Abroad

Union Bank of India Education loan Online Application Form, Interest Rate, Abroad

Union Bank of India Education loan Online Application Form, Interest Rate, Abroad : 1. Union Bank of India Education loan will be providing education study loan for India, Abroad for college student. so All the interest Candidates to follow the Interest rate, Criteria, EMI Calculator, Subsidy Procedure to below will providing below.

2.Union Bank of India Education loan official Website @ www.unionbankofindia.co.in

3.Union Education loan scheme

4.Union Bank of India Education loan OBJECTIVE & PURPOSE
The scheme aims at providing financial assistance on reasonable terms:
(a) To the poor and needy students that they may undertake basic education
(b) To meritorious students that they may pursue higher or professional or technical education

4.Union Bank of India Education loan ELIGIBILITY
The student applying for UNION EDUCATION Loan ought to:
(a) Be an Indian National
(b) Has secured admission to professional or technical courses through an appropriate Entrance Test or selection process
(c) Has secured admission to a foreign University
(d) Has passed an appropriate qualifying examination

1. Studies in India
(a) School education up to +2
(b) Graduation/Post-Graduation
(c) Professional course
(d) Management course
(e) Special Education Loan Scheme for Students pursuing courses from approved institutions like IITs/IIMs/ /NIT XLRI/BITS/VIT/IISc/S.P. Jain Institute Of Management/Symbiosis Institute Of Management and T.S. Chanakya, Navi Mumbai- Nautical Science and MERI, Calcutta, Marine Engineering, MERI, Mumbai, Maritime Science.

2. Studies Abroad :
(a) Graduation: For job-oriented professional or technical courses offered by reputed universities
(b) Post-Graduation: MCA, MBA, MS and such other courses
(c) Courses conducted by CIMA, London, CPA, USA., and such other institution

5.Union Bank of India Education loan PURPOSE
(a) To the poor and needy students to undertake basic education
(b) To meritorious students to pursue higher or professional or technical education

6.Union Bank of India Education loan CONDITIONS
(a) The Parent/Guardian of the student who is availing loan from our bank shall be made co-obligator/joint borrower irrespective of the age of such students.
(b) The Loan Accounts of students applying through college/institutions will be sanctioned/disbursed at the branch nearest to permanent residence/place of domicile of the borrower student.
(c) Loan will be disbursed directly to the college/institute.
(d) Student to produce mark list of previous term/semester before availing next installment.
(e) Student /Parent to provide latest mailing address before availing next installment.
(f) In case of parents with transferable job, new address to be provided before availing installments.

7.Union Bank of India Education loan QUANTUM OF LOAN
Need-based finance subject to repayment capacity of the parent or student with margin and upto the following ceilings
For studies in India - Up to Rs. 10 lacs
For studies abroad - Up to Rs. 20 lacs\

8.Union Bank of India Education loan MARGIN
No margin for loans up to Rs. 4.00 lacs . However, for loan of higher amounts, the margin requirement is 5% for inland studies and 15% for studies abroad.

9.Union Bank of India Education loan Scholarship/assistance to be included in margin.

Margin maybe brought in on pro-rata basis as and when disbursement is made.

10.Union Bank of India Education loan REPAYMENT
Repayment holiday or Moratorium on loan: Course period + 1 year OR 6 months after job placement, whichever is earlier.

Starting from this point, the loan is to be repaid in 5-7 years after completion of course period/moratorium.

For More Details Please Visit: http://www.unionbankofindia.co.in/personal_retail_education.aspx

August 7, 2014

Procedure to Apply For US Visa from India Download Application Form

Procedure to Apply For US Visa from India Download Application Form

Procedure to Apply For US Visa from India Download Application Form : 1. How to Apply for US Visa from India - In recent days the number of students migrating from India to USA has been gradually increased. Most of the students are preferring to study in US as it has many top ranking universities and colleges.

2. Types of Visas:
Three types of Visas are -
1.    F-1 visa
2.    J-1 visa
3.    M-1 visa

3. Students who wish to migrate from India to US for higher studies need an F-1 student visa.

4. How to apply for Student Visa:
  • Download the F-1 student visa application guide.
  • Now choose a state in USA where you wish to study and stay. 
  • Now select the type of school to attend in USA such as University, College etc.
  • contact the University or school by email or phone and begin your admission process.
  • Based on your credentials the school sends you I-20 form.
  • With this I-20 form and F-1 student visa application guide, you can apply for a student Visa at a US.
  • Students are legally authorized to work in the USA while on an F-1 student visa.
5. A student visa will be rejected for the following reasons:
  • If find any discrepancy in the information provided by you
  • If you have submitted fake documents
  • If the interviewing officer didnt receive the necessary information from you
  • If you do not answer to question properly
  • If you attire is not proper
  • If you are unable to meet the financial standards to fund education and living cost
  • If you have secured Low GRE/IELTS/TOEFL scores
  • If you do not have proper knowledge about the college you are going to take admission
  • If your GRE/GPA/IELTS/TOEFL scores are poor
6. F-1 student visa application - https://www.usavisa.com/student.html


7. Candidates if you want to received all latest news updates about Study Abroad in Canada , Study Abroad in Europe, Study Abroad in Australia, Study Abroad in USA, Study in Germany, Education Loan for Study Abroad via Facebook, then join us on Facebook page. Candidates Touch with us for more updates or book mark this page for future reference.

October 19, 2013

Education Loan Documents Required India By Banks SBI, PNB, Canara Bank

Education Loan Documents Required India By Banks SBI, PNB, Canara Bank : 1. Most of the students dream high and fail to achieve them due to bad economical conditions of the family. In order to help these students, education loans have come in to existence to allow them to pursue higher education in India and abroad. So, guys hurry up and apply for this education loan to continue your studies without any hurdles. Applying for education loan is very simple process where you need to carry all your documents while applying for it. To assist our readers in this aspect, we have included the list of Documents required for Education loan in India by various Banks such as SBI, PNB, Canara etc.

Bank Loan
 
Education Loan Documents Required India2. Initially when you are applying for an education loan, banks will check your eligibility to get a loan by verifying your documents. So, candidates with right documents will be given more preference and assigning of loan would also be quicker with this. All the banks such as SBI, PNB, CANARA or any other commercial bank follow this procedure. 

3. Have a look at the list of documents necessary to apply for Education Loan and arrange them for easy loan.

Education Loan for all Banks
  • Documents required by SBI, PNB, Canara Bank for Education Loan:  
  • Qualifying examination marks sheet.
  • Proof of Age
  • Course expenses given by the college.
  • Proof of Residence
  • Passport size photographs.
  • Bank statements of borrower for last six months.
  • Proof of getting admission in college.
  • Certificate showing academic performances of student.
4. Candidates join us on Facebook for latest news and updates about Education Loan Documents Required India By Banks SBI, PNB, Canara Bank. Guys subscribe us for free email alerts and bookmark our page for future reference.

July 24, 2012

Education Loan in India for Study Abroad offering for various banks list

Education Loan in India for Study Abroad offering for various banks list

Education Loan in India for Study Abroad offering for various banks list : 1.Educations loans given by various banks all over India and Abroad. If you want to apply for educational loans for your higher study in India or Abroad then you can get the detailes about education loans provided by different sector banks

2.Click the following to get the details about Education loan given by variousBank in India.

3.Allahabad Bank Education Loan

4.Bank of Baroda Education Loan

5.Bank of India Education Loan (Vidya Vardhini Scheme)

6.Dena Bank Education Loan (Dena Vidya Laxmi Educational Loan Scheme)

7.Panjab National Bank Education Loan

8.HDFC Bank Education Loan

9.Central Bank Education Loan

10.State Bank Of India SBI Education Loan

11.State Bank of Hyderabad Education Loan

12.Syndicate Bank Loan

13.Union Bank of India Education Loan

Note: Candidates it is usefull to you bookmark this page future reference and share to you friends.
Syndicate Bank Education Loan Online Application Form, Interest Rate, Abroad (Syndviya Education Loan)

Syndicate Bank Education Loan Online Application Form, Interest Rate, Abroad (Syndviya Education Loan)


Syndicate Bank Education Loan Online Application Form, Interest Rate, Abroad (Syndviya Education Loan) : 1.Syndicate Bank Education Loan will be providing education study loan for India, Abroad for college student. so All the interest Candidates to follow the Interest rate, Criteria, EMI Calculator, Subsidy Procedure to below will providing below.

2.Syndicate Bank Education Loan official Website @ www.syndicatebank.in

3."SyndVidya" A SyndicateBank's Education Loan Scheme

4.Syndicate Bank Education Loan Eligibility Criteria

(a) Any student who is a major representing himself or a minor student represented by parent or guardian of Indian nationality.

(b) Must have secured admission on the basis of merit to professional/ technical/other courses through entrance test/selection process.

(c) Must have secured admission to foreign university/institution (for studies abroad).

5.Syndicate Bank Education Loan Courses Eligible

a) Studies in India.

(1) School education including plus 2 stage.
(2) Graduation: B.A., B.Com, B.Sc., etc.
(3) Post graduation: Masters & Ph.d.
(4) Professional courses: Engineering, Medical, Agriculture, Veterinary, Law, Dental Management, Computer etc. in respect of Management studies, apart from university affiliation course should also be approved by All India Council for Technical Education. For Computer education, the recognised training institute should have accreditation of DOE, Govt of India to conduct the course under Department of Electronics.
(5) Computer certificate courses of reputed institutes accredited to Department of Electronics or Institutes affiliated to Universities.
(6) Courses like ICWA, CA, CFA etc.
(7) Courses conducted by IIM, IIT, IISc, XLRI, NIFT etc.
(8) Courses offered in India by reputed foreign universities.
(9) Evening courses of approved institutes.
(10) Other courses leading to diploma / degree etc. conducted by colleges / universities approved by UGC / Govt AICTE / AIBMS / ICMR etc.
(11) Courses offered by National Institutes and other reputed private institutions acceptable to the Bank.

b) Studies abroad.

(1) Graduation : For job oriented professional/technical courses offered by reputed universities.
(2) Post Graduation: MCA, MBA, MS. Etc.
(3) Courses conducted by CIMA-London, CPA in USA etc.
(4) Foreign Diploma courses are not eligible.

6.Syndicate Bank Education Loan Student Eligibility

(1) Should be an Indian National.
(2) Secured admission on the basis of merit to professional/technical courses through Entrance Test/Selection process.
(3) Secured admission to foreigh university / institutions.
(4) The student who is a major representing himself or a minor student represented by parent or guardian.

7.Syndicate Bank Education Loan Quantum of Loan

(1) Need based finance to meet expenses such as fee payable to college / school / hostel, examination fee, cost of books, travel / passage fare for studies abroad etc.
(2) Capitation fee / donation / external coaching fee are not eligible for finance.
(3) Maximum of Rs.7.50 lac for studies in India and Rs.15 lac for studies abroad.

8.Syndicate Bank Education Loan Margin

(1) For loans upto Rs.4 lac - No Margin required.
(2) For loans above Rs.4 lac - 5% for study in India and 15% for study abroad.

9.Syndicate Bank Education Loan Security

(1) For loans upto Rs.4 lac - NIL.
(2) For loans above Rs.4 lac and upto Rs.7.50 lac - Collateral in the form of satisfactory third party guarantee acceptable to the Bank.
(3) For loans above Rs.7.50 lac - Collateral security equal to 100% of the loan amount with suitable margin and a third party guarantee acceptable to the Bank.

9.Syndicate Bank Education Loan Interest w.e.f. 01.10.2004

For loans upto Rs.7.50 lakhs - 10.00 %.
For loans above Rs.7.50 lakhs - 9.50 %.

10.Syndicate Bank Education Loan Repayment

In 5 to 7 years commencing one year after completion of the course or 6 months after securing the job whichever is earlier.

For More Details Please Visit: www.syndicatebank.in/scripts/SyndVidya.aspx

July 20, 2012

State Bank of Hyderabad Education Loan (SBH) Online Application Form, Interest Rate, Abroad

State Bank of Hyderabad Education Loan (SBH) Online Application Form, Interest Rate, Abroad

State Bank of Hyderabad Education Loan (SBH) Online Application Form, Interest Rate, Abroad : 1.State Bank of Hyderabad Education Loan (SBH) will be providing education study loan for India, Abroad for college student. so All the interest Candidates to follow the Interest rate, Criteria, EMI Calculator, Subsidy Procedure to below will providing below.

2.State Bank of Hyderabad Education Loan (SBH) official Website @ www.sbhyd.com

3.State Bank of Hyderabad Education Loan Purpose To consider second loan to students for prosecuting Higher Studies in India & Abroad

4.State Bank of Hyderabad Education Loan Eligibility To students who have already availed education loan and prosecuting for higher studies. Financing will be considered within 1 year of completing the course already financed.

5.State Bank of Hyderabad Education Loan Amount of finance Combined limit should not exceed Rs.7.50 lacs for studies in India & Rs. 15 lacs in Abroad

6.State Bank of Hyderabad Education Loan Margin money As per the original scheme on the combined limit

7.State Bank of Hyderabad Education Loan Repayment Period 5 to 7 years repayment period after completion of higher education.

Processing charges -- NIL --

8.For More Details Please Visit: http://www.sbhyd.com/educational-loan/
Central Bank Education Loan Online Application Form, Interest Rate, Abroad - CENT Vidyarthi Education Loan

Central Bank Education Loan Online Application Form, Interest Rate, Abroad - CENT Vidyarthi Education Loan

Central Bank Education Loan Online Application Form, Interest Rate, Abroad - CENT Vidyarthi Education Loan : 1.Central Bank Education Loan - CENT Vidyarthi will be providing education study loan for India, Abroad for college student. so All the interest Candidates to follow the Interest rate, Criteria, EMI Calculator, Subsidy Procedure to below will providing below.

2.Central Bank Education Loan official Website @ www.centralbankofindia.co.in

3.Central Bank Education Loan CENT Vidyarthi Education Loan Objective
The scheme aims at providing financial assistance on reasonable terms :
(a) To the poor and needy to undertake basic education.
(b) To the student/employed persons to pursue higher education

4.Central Bank Education Loan Eligibility Studies in India :
(a) School education including plus 2 stages.
(b) Graduation courses - B.A, B.Com, B.Sc etc
(c) Post Graduation courses - Masters & Ph.D
(d) Professional courses - Engineering, Medical, Agriculture, Veterinary, Law,
(e) Dental, Management, Computer etc.
(f) Computer Certificate course of reputed institutions accredited to
(g) Department of Electronics or Institutions affiliated to University.
(h) Courses like ICWA, CA, CFA, etc.
(i) Courses conducted by IIM, IIT, IISc, XLRI, NIFT etc.
(j)Courses offered in India by reputed Foreign Universities.
(k) Evening courses of approved institutions.
(l) Other courses leading to Diploma/Degree etc. conducted by Colleges/Universities approved by UGC/Govt./AICTE/ICMR etc.
(m) Courses offered by National Institutes and other reputed private institutions. Any other institution courses depending on future prospects/recognition by user institutions deemed proper by the Bank.

5.Central Bank Education Loan Studies Abroad :
(a) Graduation : For job oriented professional/technical courses offered by reputed Universities.
(b) Post Graduation : MCA, MBA, MS. etc.
(c) Courses conducted by Chartered Institute of Management Accountants (CIMA) - London, Chartered Public Accountant (CPA) - USA etc.

6.Central Bank Education Loan Students Eligibility
(a) Should be an Indian National.
(b) Student should be in the age group of 16 to 40 yrs
(c) Secured admission to Professional/Technical courses through Entrance Test/Selection Process.
(d) Secured admission to Foreign University/Institutions.

7.Central Bank Education Loan Quantum of Finance Need based finance subject to repaying capacity of the parents/students with margin and the following ceilings:

Studies in India - Maximum Rs. 7.50 lacs
Studies Abroad - Maximum Rs. 15.00 lacs

8.Central Bank Education Loan Margin
Upto Rs. 4 lacs - No margin
Above Rs. 4 Lakhs In India 5%

9.Central Bank Education Loan Security

Upto Rs.4 Lakhs: No security .Only to take co-obligation of either or both parents/guardian
Above Rs.4 Lakhs and upto Rs 7.50 Lakhs: Collateral in the form of satisfacfactory third party guarantee

Above Rs.7.50 Lakhs: Collateral security of suitable value or co-obligation of parents/ guardians/ third party along with the assignment of future income of the student for payment of installments
Abroad 15%

10.For More Details Please Visit: www.centralbankofindia.co.in/english/loan_vidyarthi.asp
Panjab National Bank Education Loan Online Application Form, Interest Rate, Abroad - Vidyalakshyapurti

Panjab National Bank Education Loan Online Application Form, Interest Rate, Abroad - Vidyalakshyapurti

Panjab National Bank Education Loan Online Application Form, Interest Rate, Abroad - Vidyalakshyapurti : 1.Panjab National Bank Education Loan - Vidyalakshyapurti will be providing education study loan for India, Abroad for college student. so All the interest Candidates to follow the Interest rate, Criteria, EMI Calculator, Subsidy Procedure to below will providing below.

2.Panjab National Bank Education Loan official Website @ www.pnbindia.com

3.EDUCATION LOAN - "VIDYALAKSHYAPURTI" The Scheme enables all type of needy students viz, students of +2 stage, Graduation courses – B.A, B.Com, B.Sc, etc, Post Graduation courses, Masters in Ph.D, Professional courses, Engineering, Medical, Agriculture, Veterinary, Law, Dental, Management, Computer etc, Computer Certificate courses of reputed Institutes accredited to Department of Electronics or institutes affiliated to University, Courses like ICWA, C.A, CFA, etc, courses conducted by IIM, IIT, IISc, XLRI, NIFT, etc, Evening Courses of reputed Institutes, Diploma/Degree courses conducted by Colleges/Universities approved by UGC/Govt./AICTE/AIBMS/ICMR, etc, Courses offered by National Institutes and other reputed Private Institutes.

4.Panjab National Bank Education Loan Student eligibility
(a) Should be an Indian National.
(b) Secured admission to Professional / Technical courses through Entrance Test / Selection process.
(c)Secured admission to foreign University / Institutions.
(d)Student should have secured pass marks in the qualifying Examination for admission to Graduation Courses.

5.Panjab National Bank Education Loan Expenses considered for Loan
(a) Fee payable to College / School / Hostel
(b) Examination / Library / Laboratory fee.
(c) Purchase of books / equipments / instruments / uniforms.Secured admission to foreign University / Institutions.
(d) Caution Deposit / Building Fund / Refundable Deposit supported by Institution Bills / Receipts.
(e) Travel Expenses / Passage money for studies abroad.
(f) Purchase of computers - essential for completion of the Course.
(g) Boarding and lodging expenses in recognised Boarding Houses / private accomondations
(h) Any other expense required to complete the course - like study tours, project work, thesis, etc.

6.Panjab National Bank Education Loan Quantum of Finance Need based finance, subject to repaying capacity of the parents / students with margin and the following ceilings :-
For studies in India: Maximum Rs.7.50 lacs.
For studies abroad: Maximum Rs.15.00 lacs.

7.Panjab National Bank Education Loan Margin
Upto Rs.4.00 lacs: - Nil.
Above Rs.4.00 lacs:
Studies in India 5%
Studies Abroad 15%

8.Panjab National Bank Education Loan Security:
Upto Rs.4.00 lacs: No Security.
Above Rs4 lacs and Upto Rs 7.5 lacs: 3rd party guarantee acceptable to the Bank.
Above Rs 7.5 lacs: Collateral Security of Suitable value or suitable 3rd party guarantee.

9.Panjab National Bank Education Loan Important The security can be in the form of land / building / Govt. Securities / Public Sector Bonds / Units of UTI, NSC, KVP, LIC Policy, Gold, Shares / Debentures, Bank Deposit in the name of the student parent / guardian or any other third party with suitable Margin.
The document should be executed by both the student and the parent/guardian.

10.Panjab National Bank Education Loan Rate of Interest
upto Rs. 4 lacs BPLR+TERM PREMIA minus 1.25
Above Rs.4 lacs BPLR + TERM PREMIA+1%

11.Panjab National Bank Education Loan Repayment Holiday / Moratorium
Coursee period + 1 year OR 6 months after getting job, whichever is earlier.

12.For More details Please Visit: www.pnbindia.com/c_vidya.htm

July 19, 2012

HDFC Bank Education Loan Online Application Form,Interest Rate,Abroad

HDFC Bank Education Loan Online Application Form,Interest Rate,Abroad

1.HDFC Bank Education Loan will be providing education study loan for India, Abroad for college student. so All the interest Candidates to follow the Interest rate, Criteria, EMI Calculator, Subsidy Procedure, Scheme to below will providing below.

2.HDFC Bank Education Loan official Website @ www.hdfcbank.com


3.HDFC Bank Education Loan Features & Benefits

(a) Loans upto Rs.10 Lakhs for Education in India and upto Rs.20 Lakhs for Education abroad#

(b) Attractive interest rates.

(c) Repayment to start 1 year after course completion / 6 months after obtaining employment (whichever is earlier)

(d) Loan available upto tenure of 7 years including moratorium period.

(f) Tax Benefits availaible under Section 80E of the IT Act *

(g) Hassle free loans and speedy approvals.

(h) Convenience of service at your doorstep.

(i) Loans available for other course related expenses also!

4.HDFC Bank Education Loan Eligibility:

(a) You need to be an Indian National.

(b) You should be aged between 16 - 35 yrs.

(c) Collateral is required for all loans greater than Rs. 7.5 Lakhs.

(d) All Loans require a co-applicant.

For More Details Please Visit: www.hdfcbank.com/personal/loans/educational_loan/educational_loans.htm

July 18, 2012

Bank of India Education Loan (Vidya Vardhini Scheme) Online Application Form,Interest Rate,Abroad

Bank of India Education Loan (Vidya Vardhini Scheme) Online Application Form,Interest Rate,Abroad

Bank of India Education Loan (Vidya Vardhini Scheme) Online Application Form,Interest Rate,Abroad : 1.Bank of India Education Loan (Vidya Vardhini Scheme) will be providing education study loan for India, Abroad for college student.so All the interest Candidates to follow the Interest rate, Criteria, EMI Calculator, Subsidy, Procedure to below will providing.

2.Bank of India Education Loan (Vidya Vardhini Scheme) official Website @ www.bankofbaroda.com

3.Bank of India Education Loan (Vidya Vardhini Scheme) OBJECTIVE & PURPOSE:The Star Educational Loan Scheme aims at providing financial support from the bank to deserving, meritorious students for pursuing higher education in India and abroad. The main emphasis is that every meritorious student is provided with an opportunity to pursue education with the financial support on affordable terms and conditions.

4.Bank of India Education Loan (Vidya Vardhini Scheme) ELIGIBILITY CRITERIA:

5.Bank of India Education Loan (Vidya Vardhini Scheme) STUDENT'S ELIGIBILITY:
(a) Should be an Indian National
(b) Secured admission to professional, technical courses in India or Abroad through Entrance Test, Merit based selection process.
(c) Good academic career.
(d) The student should not have outstanding education loan from any other Institution.
(e) Fathe, Mother should be co-borrower.
(f) Branch nearest to the permanent residence of student will consider the loan.

6.Bank of India Education Loan (Vidya Vardhini Scheme) ELIGIBLE COURSE:
(i) Studies in India (Indicative list):
Graduation courses : BA, B.Com., B.Sc., etc.
Post Graduation courses : Masters & Phd.
Professional courses : Engineering, Medical, Agriculture, Veterinary, Law, Dental, Management, Computer, etc
Computer certificate courses of reputed institutes accredited to Department of Electronics or institutes affiliated to university.
Courses like ICWA, CA, CFA, etc.
Courses conducted by IIM, IIT, IISc, XLRI, NIFT, NID and other Institutes set up by Central/State Govt.
Evening courses of approved institutes.
Other courses leading to diploma/degree, etc. conducted by colleges/universities approved by UGC/Govt./AICTE/AIBMS/ ICMR, etc.
Courses offered by National Institutes and other reputed private institutions with prior approval of Head Office.
Courses offered in India by reputed foreign universities with prior approval of Head Office.

(ii) Studies abroad:
Graduation : For job oriented professional/technical courses offered by reputed universities.
Post Graduation : MCA, MBA, MS, etc.
Courses conducted by CIMA - London, CPA in USA, etc.

7.Bank of India Education Loan (Vidya Vardhini Scheme) EXPENSES CONSIDERED FOR LOAN :
(1) Fee payable to college/school/hostel*
(2) Examination/Library/Laboratory fee.
(3) Purchase of books/equipments/instruments/uniforms.
(4) Caution deposit/building fund/refundable deposit supported by Institution bills/receipts.
(5) Travel expenses/passage money for studies abroad.
(6) Purchase of computers - essential for completion of the course.
(7) Insurance cover for the student.
(8) Any other expense required to complete the course - like study tours, project work, thesis, etc.

8.Bank of India Education Loan (Vidya Vardhini Scheme) QUANTUM OF FINANCE : Need based finance subject to repaying capacity of the parents/students with margin and the following ceilings :

Studies in India - Maximum Rs.10.00 lakh
Studies abroad - Maximum Rs.20.00 lakh.

9.Bank of India Education Loan (Vidya Vardhini Scheme) MARGIN :

Upto Rs.4 lakh : Nil
Above Rs.4 lakh - Studies in India : 5%
Studies Abroad : 15%
(a) Scholarship could be included in margin.
(b) Margin to be brought in on year to year basis as and when disbursements are made.

10.Bank of India Education Loan (Vidya Vardhini Scheme) SECURITY:

Upto Rs. 4 lakh : No security
Above Rs.4 lakh & upto Rs.7.5 lakh : Collateral security in the form of a suitable third party guarantee.
Above Rs.7.5 lakh : Collateral security of suitable value or at the discretion of the Bank suitable third party guarantee alongwith the assignment of future income of the student for payment of installments.

11.Note : The security can be in the form of land/building/Govt. Securities/Public Sector Bonds/NSC/KVP/LIP/ Banks Term Deposit etc.,in the name of Student/Parent/Guardian/Guarantor with suitable margin.

12.Bank of India Education Loan (Vidya Vardhini Scheme) RATE OF INTEREST:

(a) Upto Rs.7.50 lacs - 1.75% below BPLR, Min. 11.00% p.a.
(b) Above Rs.7.50 lacs - 0.75% below BPLR, Min. 12.00% p.a.
(c) Simple interest during the repayment holiday/moratorium period.
(d) Penal interest @2% for loans above Rs.4 lakh for the overdue amount and overdue period.
(e) Int. Concession of 0.50%p.a. for woman beneficiaries
(f) 1% int. concession if interest is serviced during moratorium period, where repayment holiday is specified for interest/repayment under the scheme (concession available for moratorium period)

13.Bank of India Education Loan (Vidya Vardhini Scheme) REPAYMENT: Repayment holiday/Moratorium : Course period + 1 year or 6 months after getting job, whichever is earlier.The loan is to be repaid in 5-7 years after commencement of repayment.

14.Bank of India Education Loan (Vidya Vardhini Scheme) For More Details Please Visit: www.bankofindia.com/eduloans1.aspx
Bank of Baroda Education Loan Online Application Form,Interest Rate,Abroad

Bank of Baroda Education Loan Online Application Form,Interest Rate,Abroad

Bank of Baroda Education Loan Online Application Form,Interest Rate,Abroad :1.Bank of Baroda Education Loan will be providing education study loan for India, Abroad for college student.so All the interest Candidates to follow the Interest, rate, Criteria, EMI Calculator, Procedure to below will providing.

2.Bank of Baroda Education Loan official Website @ www.bankofbaroda.com

3.Bank of Baroda Education Loan Following are the loan options available:

(A) Baroda Vidya

(B) Baroda Gyan

(C) Baroda Scholar


(A) Baroda Vidya

4.Bank of Baroda Vidya Education Loan Eligibility:

(A) Should be an Indian national residing in India.
(B) Student should have secured admission to a recognized school, Highschool, Jr.College (including CBSE, ICSE, State Board) for any of the following courses

1. Stage I : Nursery to V th STD.
2. Stage II : VI th to VIII STD.
3. Stage III : IX th to XII th STD.

5.Bank of Baroda Education Loan Maximum Loan Amount: Rs.4 Lacs

6.Bank of Baroda Education Loan Repayment Period : Loan for each yearly sub limit is repayable in 12 equal monthly instalments. First instalment to be due 12 months after first disbursement of each year's loan component.

7.The parents must be residing in the place for a minimum period of 3 years, except in the case of transferable job.

8.Bank of Baroda Education Loan Security : In case the loan is given for purchase of computer the same is to be hypothecated to the bank.

For More Details Please CLICK HERE @ http://www.bankofbaroda.com/PFS/vidya.asp

(B) Baroda Gyan

8.Bank of Baroda Education Loan Baroda Gayan Courses Eligible :

(a) All Graduation courses.
(b) All Post Graduation courses & Doctorate courses.
(c) Professional Courses viz. Engineering, Medical, Agriculture, Veterinary, Law, Dental, Management, Computer, Ayurved, Homeopathy, Physiotherapy, Hotel Management, Hospital Management, Interior Designing, Architecture, Event Management, Mass Communication, Fashion Technology, etc.
(d) Computer certificate courses of reputed institutes accredited to Dept. of Electronics or institutes affiliated to Universities.
(e) Courses like C.A, ICWA, CFA, CS, etc.
(f) Courses offered in India by reputed foreign Universities.
(g) Evening courses of institutes approved by State/Central/Govt./UGC/AICTE/AIBMS/ICMR/ICAR.
(h) Courses offered by National Institutes and other reputed private institutions. The College/Institute must have been approved by the State/Central Govt./UGC/AICTE,etc.

9.Baroda Gyan Education loan Student Eligiblity :

(1) Should be Resident Indian.
(2) Secured admission to either of above courses

10.Baroda Gyan Education loan Maximum Loan Amount : Rs 7.50 Lacs.

11.Baroda Gyan Education loan Margin :

Upto Rs. 4.00 lacs :- NIL
Above Rs. 4.00 lacs :- 5% Margin is to be contributed on pro rata basis on year to year basis as and when disbursements are availed.

12.Baroda Gyan Education loan Repayment Period : The loan is repayable in 5-7 years after the above period.

13.Baroda Gyan Education loan Security : Upto Rs.4 lacs : No security

Above Rs. 4 lacs : Collateral in the form of a suitable third party guarantee alongwith assignment of future income.

for more details @ http://www.bankofbaroda.com/PFS/gyan.asp

(C) Baroda Scholar

14.Baroda Scholar Education Loan Eligiblity of Courses : Graduate/Post Graduate / Doctorate / Job Oriented Professional / Technical Courses offered by reputed Universities overseas.

15.Baroda Scholar Education Loan Maximum amount of loan : Graduation & Other Courses up to 3 years duration : Rs.10 Lacs

Post graduation and other advanced studies : Rs.15 Lacs

Baroda Scholar Margin : 15% Repayment Period :

16.Baroda Scholar Education Loan Security : Upto Rs.4.00/- lacs : No security

Above Rs. 4.00/- lacs upto Rs. 7.5 lacs : Collateral in the form of a suitable third party guarantee.

Above Rs. 7.5 lacs : Collateral security equal to 100% of loan amount.

For More Details Please CLICK HERE @ http://www.bankofbaroda.com/PFS/scholar.asp

For All Details Of Education Loan Of Bank Of Baroda Please Visit: www.bankofbaroda.com/PFS/eduloans.asp
Allahabad Bank Education Loan Online Application Form,Interest Rate,Abroad

Allahabad Bank Education Loan Online Application Form,Interest Rate,Abroad

Allahabad Bank Education Loan Online Application Form,Interest Rate,Abroad : 1.Allahabad Bank Education Loan will be providing education study loan for India, Abroad for college students. So All the interest Candidates to follow the Interest rate, Criteria, EMI Calculator, Procedure to below will providing.

2.Allahabad Bank Education Loan official Website @ www.allahabadbank.com

3.Allahabad Bank Education Loan Eligibility Criteria:

(A)Allahabad Bank Education Loan Student eligibility: (a)Student be an Indian National
(b)Secured admission to professional/ technical courses in India or Abroad through Entrance Test / Merit based Selection process.

4.Allahabad Bank Education Loan Courses Eligible for Student It is very important:

5.Allahabad Bank Education Loan providing Studies in India

(a) Graduation Courses- B.A, B.COM, B.Sc. etc.
(b) Post Graduation Courses: Masters Courses, Ph D, etc.
(c) Professional Courses: Engineering, Medical, Agriculture, Veterinary, Law, Dental, Management, Computeretc.
(d) Computer Certificate Courses of reputed Institutes accredited to Department of Electronics or Institutes affiliated to University.
(e) Courses like- ICWA, CA, CFA etc.
(f) Courses conducted by IIM, IIT, IISc, XLRI, NIFT etc.
(g) Regular Degree, Diploma courses like Aeronautical, pilot training, shipping etc., approved by Director General of Civil Aviation, Shipping, if the course pursued

abroad, the Institute should be recognised by the competent local aviation/ shipping authority.
(h) Courses offered in India by reputed foreign universities.
(i) Evening Courses of approved Institutes.
(j) Other Courses leading to diploma/degree etc conducted by the Colleges/ Universities approved by UGC/Govt/AICTE/AIBMS/ICMR etc.

6.Allahabad Bank Education Loan Studies Abroad:

(a) Graduation: For Job oriented professional, technical courses offered by reputed Universities.
(b) Post Graduation: MCA, MBA, MS etc.
(c) Courses conducted by CIMA London, CPA in USA etc.
(d) Regular Degree/ Diploma courses like Aeronautical, pilot training, shipping etc., the Institute should be recognised by the competent local aviation/ shipping authority.

7. Allahabad Bank Education Loan Quantum of Loan: Need based finance subject to repaying capacity of the parents, students with following ceilings:

8. Allahabad Bank Education Loan Studies in India wil be given loan Maximum Rs 10.00 lacs

9. Allahabad Bank Education Loan Studies abroad will be given load Maximum Rs. 20.00 lacs.

10. Allahabad Bank Education Loan Margin For loan upto Rs 4.00 lacs: NIL
For loan above Rs 4.00 lacs: (i) Studies in India: 5%, (ii) Studies abroad: 15%

* Scholarship / Assistantship to be included in Margin.
* Margin Money to be brought on year-to-year basis and disbursements are made on a pro-rata basis.

11. Allahabad Bank Education Loan Application of Interest: Simple interest during moratorium period.Service interest during moratorium period regularly and avail a special discount of 1.00% in interest rate.

12. Allahabad Bank Education Loan Repayment: Repayment Holiday / Moratorium is Course Period + 1 year or 6 months after getting job, whichever is earlier.
Loan to be repaid within a maximum period of 7 years after commencement of repayment

13. Allahabad Bank Education Loan Security: For loan upto Rs 4.00 lacs: Co-obligation* of parents, guardian. No security

For loan above Rs 4.00 lacs and upto Rs 7.50 lacs: Co-obligation of parents, guardian together with collateral security in the form of suitable third party guarantee.

For loan above Rs 7.50 lacs: Co-obligation of parents, guardian together with tangible collateral security of suitable value covering full loan amount, alongwith the assignment of future income of the student for payment of installments.

NOTE: (The loan documents would be executed by both the student and the parent/ guardian as joint-borrower i.e. co-obligator. The co-obligator should be parent / guardian of the student borrower. In case of married person, co-obligator can be either spouse or the parent(s)/ parents-in-law.)

14.For More Details Please Visit official web site @ www.allahabadbank.com/education.asp
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