Oriental Bank of Commerce Edducation Loan- TIE-UP with NIIT LIMITED

Loan Limit

Rs. 1.75 Lacs

 
Eligible Courses

 
 
1. Diploma in IT (DIT)

2. Honors Diploma in IT (HND)

3. ANIIT

4. GNIIT

5.Post Graduate certification programme in Business Analytics (PGCBA)



 
Margin
NIL

 
Security
Parents / Guardian to be joint borrower (s) / co-obligants or

Co-obligation of spouse/ parents-in-law in case of married women


Process / Upfront Fee/

Documentation Charges/

Prepayment Penalty
NIL



Moratorium Period


Course period + Grace period (12 Months after completion of the course or 6

months after getting the job whichever is earlier)


Repayment


Upto 10 years (Inclusive of moratorium period)

General Condition


Wherever any condition is not mentioned in the scheme, the same shall be

governed by the Model Education Loan Scheme.

2 comments:

vishal1 said...

For students like me... Education Loan Eligibility has proven to be a boon over the years.. Thanks for sharing this lovely article.

Nikki Singh said...

Found a relevant link on Education Loan Eligibility, Check this more details :
Education Loan Eligibility

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