IDBI Bank offer’s education loans
Allahabad Bank is the mature combined stock bank of the country was established in the year 1865. It is a state-owned bank in addition to offers different types of financial services including Education loan to its customers. The education loan scheme proffer by the Allahabad Bank was launched to offer financial assistance to meritorious students on sensible terms. Roll down the page to know more about Allahabad Bank Education Loan.
Eligibility criterion for Allahabad Bank Education Loan
a) Eligibility Criteria for Students
Eligibility criterion for Allahabad Bank Education Loan
a) Eligibility Criteria for Students
- Students looking for education loans should be an Indian National.
- An applicant will be considered eligible for the loan if he gets admission to professional or technical course in India or abroad through an entrance exam or a merit-based assortment method.
b) route Eligible intended for Getting Education Loan in India
- Bachelor Degree courses like B.COM, B.A, B.Sc plus others
- Master Degree courses and Ph.D programs
- Professional courses like Engineering, Law, Agriculture Management, Computer, Dental, Medical, Veterinary and others.
- Certificate courses in Computer offered by reputed institutes which exist accredited to the Department of electronics or institutions certified by a university.
- Other courses like CA, ICWA and CFA.
- Programs which are conducted by the reputed institutions like IIT, XLRI, IIM, NIFT, IISc.
- Regular diploma and degree courses like pilot training, Aeronautical, shipping and others. The courses obtainable have to be permitted by the Director General of Civil Shipping or Aviation.
- Courses that are conducted by the famous foreign universities.
- Evening courses which are conducted by the approved institutes.
- Various diploma and degree courses conducted by different colleges and universities approved by Govt., ICMR, UGC, AIBMS, AICTE and others.
Education Abroad
- Bachelor's Degree-Professional and technical courses which are existing by different reputed universities.
- Master's Degree-MS, MBA, MCA and others.
- Programs offered by CPA in USA and CIMA in London.
- Various regular diploma and degree courses in pilot training, aeronautics or shipping approved or recognized by the competent local shipping or aviation authority.
Quantum of Loan
In India the maximum amount given for the loan as studies is Rs. 10 laces. Rs. 20 laces are the maximum amount for studies abroad
payment to be considered for Loan
In India the maximum amount given for the loan as studies is Rs. 10 laces. Rs. 20 laces are the maximum amount for studies abroad
payment to be considered for Loan
- The loan includes fees to be paid for colleges, hostel charges, examination fees, and laboratory and library fees.
- It moreover covers expenses for purchasing all the necessary articles necessary for conclusion of the courses.
- Voyage payment and money for purchasing computers are also afforded to the students.
- Other payments in the vein of building fund, refundable deposit and caution money are also incorporated.
In order to learn more about interest rates browse through http://www.allahabadbank.com/
