Educational loan from Indian bank Tamilnadu

Salient Features of Indian Bank Educational Loan

The fees to be taken in care by the Indian Bank Educational Loan

Fee payable to college/school

Fee payable to hostel,

Exam fees,

Purchase of books

Purchase of equipments,

Travel expenses/passage money for studies abroad,

Purchase of computers if necessary

Eligibility to get Indian Bank Educational Loan

The student who applies for the Indian Bank Educational Loan must be an Indian National. The student who applies for Indian Bank Educational Loan should have secured admission to professional/technical courses through Entrance Test based selection process of Indian Bank Educational Loan.

Interests and time duration to pay back Indian Bank Educational Loan

The cash limit to be got as Educational loan from Indian bank is 10 lakhs and Rs.20.00 lakhs for the abroad studies.

Repayment Period for Indian Bank Educational Loan

Maximum period The loan is to be repaid in 5-7 years after commencement of repayment.

Security for Indian Bank Educational Loan

There is no security needed for the Indian Bank Educational Loan till Rs.4 lakhs other than the parents/ guardian's security.

A third person who can be a government staff is needed for the Indian Bank Educational Loan got till 7 lakh Rs.

The repayment of Indian Bank Educational Loan will be counted from the concerned student gets pass out and when the student getting placed in a company.We have no need for producing the parents salary slip when producing the documents needed to apply Indian Bank Educational Loan

Contact details of Indian bank Tamilnadu