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Dena Bank Educational Loan Scheme
Dena Vidya Laxmi Educational Loan
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 professional/ technical courses offered by reputed universities; Post Graduation (MCA, MBA, MS)
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 SERVICED DURING THE STUDY PERIOD.
SIMPLE INTEREST CHARGED DURING MORATORIUM PERIOD.
Process Fees
NIL
Repayment
Moratorium- Course period + 1 year or 6 months after getting a job, whichever is earlier.
For any query, Please contact :
Email: rbd@denabank.co.in
Repayment period- 5-7 years after start of repayment.
For more details, visit http://www.denabank.com
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| Author: Shinu 31 May 2008 | Member 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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