#1  
4th June 2018, 01:30 PM
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Details of Moratorium Period under UCO Bank Education Loan Scheme?


I have searched alot and got information about the education loan of UCO Bank. But in UCO Bank Education Loan Scheme, I didnít understand about the moratorium period. Can anyone of you let me know about this term under this education loan scheme?




  #2  
5th June 2018, 09:19 AM
Saikiranreddy47475
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Join Date: Jul 2013
Posts: 14,288
Default Re: Details of Moratorium Period under UCO Bank Education Loan Scheme?

The moratorium period/ repayment holiday of UCO Bank Education Loan Scheme is course period plus one year. The repayment period is 15 years after completion of the moratorium period. Candidates who have secured admission to higher education course in any recognised college/ university are eligible to apply for an education loan.
  #3  
7th June 2018, 10:12 AM
Saikiranreddy47475
Senior Member+++++
 
Join Date: Jul 2013
Posts: 14,288
Default Re: Details of Moratorium Period under UCO Bank Education Loan Scheme?

The moratorium period under UCO Bank Education Loan Scheme is course period plus one year. The repayment tenure under UCO Bank Education Loan Scheme is maximum of 15 years.
  #4  
1st August 2018, 08:09 PM
Narendra2121
Senior Member
 
Join Date: Jul 2018
Location: Hyderabad
Posts: 375
Default Re: Details of Moratorium Period under UCO Bank Education Loan Scheme?

The moratorium period is inclusive of the duration of the course + 1 year or 6 months after getting a job, whichever is earlier.

Loan amount. Repayment period

Up to Rs.7.50 lakhs. Up to 10 years

Above Rs.7.50 lakhs. Up to 15 years
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