#1  
13th October 2016, 03:48 PM
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Expenses covered under Education Loan scheme of ICICI Bank?


Can I know what are the expenses covered under ICICI Bank Education Loan? Kindly let me know the expenses as I want to apply an Education Loan in ICICI Bank. Please let me know asap.




  #2  
14th October 2016, 07:46 PM
Saikiranreddy47475
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Join Date: Jul 2013
Posts: 14,288
Default Re: Expenses covered under Education Loan scheme of ICICI Bank?

Expenses covered under Education loan scheme of ICICI Bank are mentioned below :-

--> College/ Hostel Fee.
--> Examination / Library / Laboratory fee.
--> Amount required for purchase of books/ equipments/ instruments/ uniforms.
--> Travel expenses for studies in abroad.
--> Amount required for purchase of computer, if required for completion of the course
--> Caution deposit, Building fund / refundable deposit supported by Institution bills / receipts.
--> Any other expenses required to complete the course like study tours, project work, thesis, etc.
  #3  
14th October 2016, 08:47 PM
Career Expert
Senior Member+++++
 
Join Date: Feb 2016
Posts: 4,375
Default Re: Expenses covered under Education Loan scheme of ICICI Bank?

Expenses covered under ICICI Bank Education loan scheme are mentioned below :-

=> Fee payable to college/ school/ hostel.
=> Examination, Library and Laboratory fee.
=> Purchase of books / equipments / instruments / uniforms.
=> Caution deposit, Building fund / refundable deposit supported by Institution bills / receipts (the amount does not exceed 10% of the total tuition fees for the entire course).
=> Travel expenses for studies in abroad.
=> Purchase of computer if essential for completion of the course.
=> Any other expenses required to complete the course like study tours, project work, thesis, etc.,.
  #4  
15th October 2016, 11:51 AM
SudeepKumarSaha
Senior Member+++++
 
Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: Expenses covered under Education Loan scheme of ICICI Bank?

The expenses covered under education loan scheme in ICICI Bank are :-

- Tution fees payable to the educational institution.
- Examination fees/Lab fees/Library/other institutional charges.
- Books expense, study material cost, uniform, laptop if applicable.
- Travel expense
- LIC
- Other miscellaneous expenses like study tours, project work, etc.
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