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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.
Repayment period- 5-7 years after start of repayment.
For any query, Please contact : Email: rbd@denabank.co.in
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| Author: srinivas palepu 12 May 2008 | Member Level: Silver Points : 2 |
thanks for your valuable information on education loan from dena bank
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| Author: Shreshtha 12 May 2008 | Member Level: Diamond Points : 2 |
thnks!
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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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