#1
February 11th, 2016, 07:50 AM
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Union Bank of India Education Loan
Hi, I have an account in union bank of India , can you provide me information related to union bank of Indian ‘s education loan scheme ?
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#2
February 11th, 2016, 08:46 AM
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Re: Union Bank of India Education Loan
Hello as you want here we provides you information about union bank of Indian ‘s education loan scheme as follows Purpose of education loan Basic education To pursue graduation / higher education To pursue technical / professional / management courses ELIGIBILITY Indian citizen Secured admission to the concerned institute in India or abroad through appropriate selection process and cleared the qualifying examination, if any Courses covered in India Graduation post-graduation diploma courses from recongnized universities Technical professional management courses Courses covered outside India Graduation post-graduation degrees offered by recongnized universities Certified degree courses conducted by CIMA, London, CPA, USA and other such institutes Diploma courses abroad are not covered Quantum Of Loan For studies in India - maximum up to Rs. 10 Lakhs. The quantum of loan is higher for the institutes covered under Special Education Loan schemes. Please check the Special Offers Tab above for further details. For studies outside India- maximum Up to Rs. 20 Lakhs For loans upto Rs. 4 Lakhs, no margin is required For loans above Rs. 4 Lakhs, margin is 5% for studies in India and 15% for studies outside India Scholarship / assistantship will be included in the margin |
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