Education and Career Forum

Hello friends, can anyone of you please let me know about the details of education loan scheme of Dena Bank? I have heard about it's education loan scheme but don’t know much more about this. Kindly tell me about this scheme.

Detailed information about Dena Bank Education Loan Scheme is mentioned below :-

--> Eligibility :- You should have secured admission to a higher education course in a recognised college/ university in India or Abroad.

--> Maximum Loan amount :-
For studies in India :- Rs. 15 lakhs
For studies in Abroad :- Rs. 25 lakhs

--> Margin :-
Upto Rs. 4 lakhs :- Nil
Above Rs. 4 lakhs :- 5% for studies in India and 15% for studies in Abroad.

--> Repayment Holiday/ Moratorium Period :- Course period plus one year.

--> Repayment Period :- Maximum upto 15 years.

--> Processing Charges :- Rs. 1000/- for studies in Abroad which is refundable on availing the limit.

I have taken education loan from denabank for b.ed of rs.90000 is there any scheme or subsidy available for me?