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EDUCATIONAL LOAN
We offer guidance & sanction Education Loan for higher Studies
Salient Features:-
# For studies in India - Rs.10.00 Lacs and Abroad - Rs. 20.00 Lacs
# Second time loan for further studies; Life Insurance cover
# We welcome queries and shall reply back within 24 working hours
*Expeditious Sanction in less than 7 days
Rate of Interest:
LOANS UPTO Rs.4.00 LACS
i) For students of IIT/IIM/ISB - PLR – 1.50%
ii) For Others - PLR - 0.75%
LOANS ABOVE Rs.4.00 LACS - PLR – 1.00%
(Girl students may be provided a special relief of 1.00% in all cases as
above.)
Security:
# For loan upto Rs 4.00 lacs: No collateral security is required.
# For loan above Rs 4.00 lacs and upto Rs 7.50 lacs : Satisfactory third
party guarantee required.
# For loan above Rs 7.50 lacs: Tangible collateral security covering full
loan amount.
(co-obligation of parants guardians in all cases is required. )
For details, contact/email us with Course details, Father/Guarantor's Name,
his/her occupation/address & e-mail/Phone No.
ENSURE A BRIGHT FUTURE THROUGH BETTER EDUCATION
Contact Person : K.Harinath, Manager
Address : Allahabad Bank, Zonal Office Mumbai,
216 A, Dr. Annie Besant Road, Worli , Mumbai - 30
Phone : 022 – 24921986 / 9967157115 (10 AM to 5 PM )
Email : mumfeedback@mum.allahabadbank.co.in
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* Condition Apply
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