#1
July 23rd, 2016, 11:30 AM
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Central Bank Of India Education Loan Apply Online
Hi I want to apply online for the Central Bank Of India for the Education Loan so can you please tell me the process for the same??
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#2
July 23rd, 2016, 12:15 PM
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Re: Central Bank Of India Education Loan Apply Online
Hey to apply for the education loan to the Central Bank Of India you go thorough the offline mode you cant apply online Central Bank Of India Education Loan Eligibility You should be an Indian National. You must have secured admission to a higher education course in recognized institutions in India or Abroad through Entrance Test/ Merit Based Selection process after completion of HSC(10 plus 2 or equivalent). Loan will cover the following Fee payable to college/ school/ hostel Examination/ Library/ Laboratory fee Travel expenses/ passage money for studies abroad Insurance premium for student borrower, if applicable Caution deposit, Building fund/refundable deposit supported by Institution bills/receipts. Purchase of books/ equipment's/ instruments/ uniforms Purchase of computer at reasonable cost, if required for completion of the course Any other expense required to complete the course - like study tours, project work, thesis, etc. While computing loan required, scholarships, fee waiver etc., if any available to the student borrower may be taken into account Amount of loan could be sanctioned Rs. 10 lakh for studies in India. Rs. 20 lakh for studies abroad. The ceilings fixed for studies in India and abroad correspond to the limits fixed by the RBI for treatment as priority sector lending. No maximum celling if loan amount secured by 100% collateral security. Rate of Interest Type of Borrower Rate of interest Male Students Base Rate+2.00% Female SC,ST,IIT students Base Rate+1.50% |
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