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May 28th, 2016, 11:20 AM
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Union Bank Of India Education Loan Online Application Form
Will anybody of you please help me here to get the Union Bank Of India Education Loan Application Form so that I can apply easily? I will help you here to get the Union Bank Of India Education Loan Application Form so that you can fill it easily. Union Bank Of India Education Loan Application Form Eligibility for loan 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 PhD 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 PhD courses Diploma courses abroad are not covered Loan Margin 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 Security Upto Rs 4 Lakh No security is required. Above Rs 4 Lakh & upto Rs 7.50 Lakh Suitable third party guarantee acceptable to the bank to be taken. Above Rs 7.50 Lakh Tangible collateral security of minimum value equivalent to the loan amount and interest accumulation during course & moratorium period, acceptable to the bank. Address:- Union Bank of India Union Bank Bhavan, 239, Vidhan Bhavan Marg, Nariman Point, Mumbai - 400 021, Maharashtra, India Phone:- 022-22892000 Last edited by Neelurk; February 12th, 2020 at 10:27 AM. |
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