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#1
1st June 2018, 08:31 PM
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Insurance covered under Allahabad Bank Education Loan scheme?
Hello everyone, can anyone of you kindly provide me the details of the insurance covered in the education loan scheme offered in Allahabad Bank? I am going to apply an education loan in this bank so I want to know about the insurance.
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#2
9th June 2018, 11:57 AM
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Re: Insurance covered under Allahabad Bank Education Loan scheme?
Yes, the insurance premium payable for the student borrower will also be considered under expenses covered by Allahabad Bank Education Loan. You can avail the Group Life Insurance Cover equal to the amount of the loan which will be valid for the entire loan repayment period under Allahabad Bank Education Loan Scheme.
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