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Bank of Punjab Education Loan Scheme


Posted Date: 18 Apr 2008    Resource Type: Articles/Knowledge Sharing    Category: Educational Loans

Posted By: Bala       Member Level: Diamond
Rating:     Points: 5



Bank of Punjab Education Loan Scheme

The high cost of education in premier institution need no longer stand between you and your career aspirations. If you have the drive, we will take care of your finances.

While you plan your education in world class universities, Education Loan will take care of all your expenses from accommodation and tuition fees to purchasing computers.

Yes, we believe in facilitating world class education to those who aspire. We believe in making careers happen !

Easily affordable terms and quick hassle free processing repayment on monthly installments.

So what are you waiting for ? Just walk into your nearest Centurion Bank of Punjab Branch and a team of executives will assist you in every way almost transporting you to your chosen university.

Eligibility

You are eligible if you : Are a resident of India.
Have an offer / admission letter / are bonafide student of a college / university in India or abroad.


Expenses Covered

The following expenses can be claimed under the scheme
Admission / Tuition fee to be payable to College / University / Institution.
Air fare / Travel Expenses.
Boarding and Lodging expenses.
Books and Stationery expenses.
Instruments / equipment / computer expenses required for the course undertaken.
Examination / Library / Laboratory fee.
Any other expense required to complete the course - like study tours, project work, thesis, etc.

Rate of Interest

As applicable from time to time.


Documents Required


The following papers/documents should accompany the Application Form to be executed by both the students and the parents/guardians.

Documents Required from both the student / co-applicant.
Identity Proof : Copy of Passport / Driving Licence / Voters Identity Card / Income Tax Pan Card.
Residence Proof : Copy of Passport / Driving Licence / Voters Identity Card / Utility Bills
Age Proof : Copy of Passport / Driving Licence / Income Tax Pan Card / Birth Certificate.
Signature Verification.
One Singed Photograph ( On the face).

Abroad Offer / Admission / Bonafide student letter from the university / college in India or Abroad.
Cost of the Course ( including living).
Copy of last examination passed result.
Copy of Passport in case of study abroad.

Documents required from the co-applicant
Income Proof : Form 16 or Income tax returns for the last two years.
Collateral Security Papers ( if any).
Any other document / information as needed by Bank, depending upon the case and purpose of loan.

For more details, visit http://www.centurionbop.co.in




Responses

Author: Shinu    31 May 2008Member Level: Gold   Points : 2
I was looking for information on loans. I have been interested in this and happy to read more about it.Thanks for the information


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