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  #1  
24th June 2016, 05:43 AM
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Expenses covered under Oriental Bank of Commerce Education Loan scheme?


Sir,
I am Dheeraj Verma and I am going to apply for an Education Loan for my B.Tech course in Oriental Bank of Commerce. I would like to know what are the expenses covered under this Education Loan scheme?




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  #2  
25th June 2016, 09:50 PM
Saikiranreddy47475
Senior Member+++++
  
Join Date: Jul 2013
Posts: 14,288
Default Re: Expenses covered under Oriental Bank of Commerce Education Loan scheme?

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

1. College/ Hostel Fee. Reasonable Lodging & Boarding charges will be considered in case if you choose to opt for outside accommodation.
2. Examination/ Library/ Laboratory fee.
3. Insurance premium.
4. Caution deposit, Building fund/ refundable deposit supported by Institution bills/ receipts.
5. Travel expenses for studies abroad/ College Bus fare if you study in India
6. Purchase of computer if essential for completion of the course.
7. Purchase of books/ equipments/ instruments/ uniforms.
8. Any other expenses required to complete the course-like study tours, project work, thesis, etc.
Do you have any question? or have anything to say?



« Can I get concession in Interest rate of Bank Education Loan to study MS in Abroad being an OBC student? | Terms of Repayment of Rs. 6 Lacs under Oriental Bank of Commerce Education Loan scheme? »

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