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DEVELOPMENT CREDIT BANK LTD LOAN SCHEME


Posted Date: 06 Sep 2008    Resource Type: Articles/Knowledge Sharing    Category: Educational Loans

Posted By: VIRUTHAGIRI       Member Level: Diamond
Rating:     Points: 2



DEVELOPMENT CREDIT BANK LTD
Eligibility :Repayment 6 months after completion of course
Maximum Amount for India : Rs 500000
Maximum Amount Overseas : 75 % of the course fee.

Documents to be submitted : Marks list, Income proof of guardian, evidence for selection to the courses, copy of ration card, details of admissible expenses.

Time To Process: 1 Week

Interest Rate
In India
Upto Rs200000 : 13.5%
Above Rs200000 : 15.5 %
For Overseas
Upto Rs 200000 : 13.5% ,
Above Rs 200000 : 15.5 %
Collateral and Third Party Guarantee required.

Tenures : 3 to 5 years in India and maximum 4 years abroad.


Contact :
Delhi Tel: 3312675, 3321326
Bangalore Tel: 5595071
Chennai Tel: 8312267-70
Hyderabad Tel: 3202191, 3205764
Mumbai Tel: 2872465




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