Dena Bank
Education Loan - Government interest subsidy scheme
for Economically Weaker Sections (EWS)
Coverage :
EWS with upper parental income of Rs.4.50 lakhs per annum.
For recognized Technical / Professional Courses in India after Class XII as approved by Ministry of Human Resources Department, Government of India.
Certification of income by Designated authority in the prescribed format.
Applicable from academic year 2009-10.
Interest Subsidy during moratorium period (Course period + 6 months / 1 year).
For further details, contact Branch Manager.
for Economically Weaker Sections (EWS)
Coverage :
EWS with upper parental income of Rs.4.50 lakhs per annum.
For recognized Technical / Professional Courses in India after Class XII as approved by Ministry of Human Resources Department, Government of India.
Certification of income by Designated authority in the prescribed format.
Applicable from academic year 2009-10.
Interest Subsidy during moratorium period (Course period + 6 months / 1 year).
For further details, contact Branch Manager.
The
Topper for your children’s Higher Education
Ensure
a bright future for your children. Provide them with the best of higher
education in India or abroad. Avail Dena Vidya Laxmi Educational
Loan.
You
are eligible if:
·You
are an Indian national and have secured admission to a professional or technical
course in an Indian or Foreign university.
·Simply
walk in with the marksheet of the qualifying exam. and proof of
admission.
Course
Eligibility
Study
in India:
Graduation
courses, Post-Graduation courses, Masters & PhD, Professional
courses.
Study
Abroad:
Graduation
: For job oriented professional / technical courses offered by reputed
universities
Post Graduation : MCA, MBA, MS etc.
Courses conducted by CIMA-London, CPA in USA etc.
Post Graduation : MCA, MBA, MS etc.
Courses conducted by CIMA-London, CPA in USA etc.
Loan
Amount
·Upto
Rs.10 lakhs for studies in India.
·Upto-
Rs. 20 lakhs for studies abroad.
Loan
takes care of :
· Fee
payable to colleges/ schools/ hostels
· Examination/
Library/ Laboratory fees.
· Purchase
of books, equipment, instruments and uniforms.
· Passage
fare for travel abroad.
· Purchase
of computers needed to complete the course.
· Any
other expense to complete the course like study tours, project work, thesis
etc.
Margin
•Upto
Rs. 4 lakhs- NIL for study in India and abroad.
•Above
Rs. 4 lakhs- 5% for study in India and 15% for study abroad.
Rate
of Interest
Please
Check out the Interest Rates
Section to find latest Interest Rates applicable.
1%
interest concession if interest is serviced as and when due during the
moratorium period when repayment holiday is specified.
SIMPLE INTEREST CHARGED DURING MORATORIUM PERIOD.
SIMPLE INTEREST CHARGED DURING MORATORIUM PERIOD.
Process
Fees
Rs.1000/-
for studies abroad which is refundable on availing the limit.
Repayment
For loans upto Rs.7.50 lakhs : Upto 10 years
For loans above Rs.7.50 lakhs : Upto 15 years
For loans upto Rs.7.50 lakhs : Upto 10 years
For loans above Rs.7.50 lakhs : Upto 15 years
For more information and apply online visit: http://denabank.com
1 comment:
Awesome work ! I am planning to get an education loan but I was confused about the best deals available for me , your post gave me an amazing idea to explore for Education Loan For Abroad Studies. Nice post, keep posting.
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