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#1
12th July 2018, 09:57 PM
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Insurance covered under Bank of India Education Loan scheme?
Hi, can anyone of you kindly provide me the details of the insurance covered in the education loan scheme offered in Bank of India? I am going to apply an education loan in this bank so I want to know about the insurance.
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#2
15th July 2018, 02:33 PM
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Re: Insurance covered under Bank of India Education Loan scheme?
Yes, the Bank of India covers an insurance amount under education loan amount offered. The life insurance premium for life cover of student/ Co-borrower will be covered under the expenses of education loan offered by Bank of India. You should have secured admission to higher education course in a Government recognised college/ university to be eligible to apply for an education loan in Bank of India.
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