EDUCATION LOAN

EDUCATION LOAN

Medical Education, Engineering, Technical Diploma/Degree, Management, P.H.D. Etc.

FEATURES & BENEFITS

  1. Businessman or Salaried Persons & their children can avail loan for higher or Professional education.
  2. Low cost, No Prepayment charges.
  3. Guarantee based loan.
  4. Repayment through Daily/Cheque/ECS.
  5. Loan Limit 50% of Mortgaged Property or Rs. 15 Lakh whichever is less.
  6. Repayment period Upto maximum 84 Months depending upon Degree/course period.

ELIGIBILITY

  1. Applicants in case being parents will be borrowers & child taking education will be co – borrower.
  2. Applicant having/ ready to have membership & having confirmed services with salary slip ( ITR & Business Proof for Businessmen).
  3. Businessman, Salaried Person or their children availing Higher, Professional education.

REQUIRED DOCUMENTS

  1. Residential/ ID / Income Proofs – ITR/Business Proof/ Photos of Borrower & 2 Guarantors.
  2. Bank Statement.
  3. Admission Approval Letter with estimated fee Structure of Degree/Diploma.

कर्ज : १,२५,०००

मुदत ५ वर्ष

व्याजदर : १५%

कर्ज : १,२५,०००

मुदत ५ वर्ष

Note : नियम व अटी लागू.

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