Dena Bank Education Loan, Study Loan, Loans for Education

Dena Vidya Laxmi Educational Loan Scheme

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

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.

Other Details Visit : www.denabank.com

Click here to apply for Study Loan.

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