Education and Career Forum

Respected Sir, I am going to apply an education loan in Oriental Bank of Commerce. I have a Savings Account in this Bank. So, can you please let me know how they disburse the amount which is allotted in the education loan?

Disbursement of Education Loan in Oriental Bank of Commerce are as follows.

For studies in India: Loan amount are disbursed as per requirement, directly to the institutions/vendors of books/ equipment/ instruments etc. to the extent possible.

For studies abroad: As per requirement, loan amount are disbursed directly to the institutions subject to obtention of certified copies of relevant pages of passport and visa of the student.