#1  
5th April 2018, 02:30 PM
Unregistered
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Is hostel charges covered under Oriental Bank of Commerce Education Loan scheme?


Hi everyone, I want to do MBA so I need to apply an education loan. I will take hostel once I get admission. So, I want to know that if I apply an education loan in Oriental Bank of Commerce then the loan amount also includes hostel charges?




  #2  
2nd May 2018, 04:49 PM
Careeradviser
Senior Member+
 
Join Date: Mar 2018
Posts: 1,612
Default Re: Is hostel charges covered under Oriental Bank of Commerce Education Loan scheme?

Quote:
Originally Posted by Unregistered View Post
Hi everyone, I want to do MBA so I need to apply an education loan. I will take hostel once I get admission. So, I want to know that if I apply an education loan in Oriental Bank of Commerce then the loan amount also includes hostel charges?

Yes, hostel charges covered under Oriental Bank of Commerce education loan scheme. The following expenses are covered under Oriental Bank of Commerce education loan scheme:

The fee payable to college / hostel (reasonable lodging & boarding charges will be considered)
Examination fee / library fee / laboratory fee
Insurance premium
Travel expenses – passage money for studies abroad / college bus fare in case of study in India
Purchase of books / equipment / instruments
Other expenses like study tour, project work, thesis, etc.
  #3  
1st August 2018, 10:17 PM
Narendra2121
Senior Member
 
Join Date: Jul 2018
Location: Hyderabad
Posts: 375
Default Re: Is hostel charges covered under Oriental Bank of Commerce Education Loan scheme?

Yes hostel charges covered under Oriental Bank of Commerce Education Loan scheme.
Do you have any question? or have anything to say?



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