#1  
24th February 2019, 08:51 PM
Unregistered
Guest
 
Posts: n/a

Benefits of applying for Dena Bank IBA Model Skill Loan Scheme?


Hello, I am planning to do ITI course. Some of my friends informed me about the Dena Bank IBA Model Skill Loan Scheme. I just want to know about the benefits which I can get if I apply for this scheme? Please tell me as soon as possible.




  #2  
10th March 2019, 09:15 PM
ppsahu
Senior Member+++++
 
Join Date: Apr 2018
Posts: 12,628
Default Re: Benefits of applying for Dena Bank IBA Model Skill Loan Scheme?

Benefits of applying for Dena Bank IBA Model Skill Loan Scheme:

There is no prepayment charge,
There is no processing fees,
Loan is in the range between INR 5,000 to INR 1,50,000,
There is no age limit to be eligible for this education loan.

For details:
https://www.denabank.com/viewsection...&id=0,4,26,476
  #3  
10th March 2019, 09:19 PM
ppsahu
Senior Member+++++
 
Join Date: Apr 2018
Posts: 12,628
Default Re: Benefits of applying for Dena Bank IBA Model Skill Loan Scheme?

Benefits of applying for Dena Bank IBA Model Skill Loan Scheme:

Low interest rate,
Less paper work,
There is no prepayment charge,
There is no processing fees,
Loan is available in the range between INR 5,000 to INR 1,50,000,
There is no age limit to be eligible for this education loan.

For details:
https://www.denabank.com/viewsection...&id=0,4,26,476
  #4  
11th March 2019, 11:41 AM
Parvathi90
Senior Member+++++
 
Join Date: Dec 2018
Posts: 4,519
Default Re: Benefits of applying for Dena Bank IBA Model Skill Loan Scheme?

Quote:
Originally Posted by Unregistered View Post
Hello, I am planning to do ITI course. Some of my friends informed me about the Dena Bank IBA Model Skill Loan Scheme. I just want to know about the benefits which I can get if I apply for this scheme? Please tell me as soon as possible.

Students can get the following benefits of applying for Dena Bank IBA Model Skill Loan Scheme:

>> Students can get around Rs 5,000 to Rs 1,50,000 as an education loan

>> There are no processing charges

>> No security or third party guarantee

>> Moratorium Period:

For courses of duration up to 1 year - course period + 6 months
For courses of duration above 1 year – course period + 1 year

>> Repayment Period:

Loans up to Rs 50,000 – up to 3 years
Loans above Rs 50,000 to Rs 1,00,000 – up to 5 years
Loans above Rs 1,00,000 – up to 7 years
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