Education and Career Forum

Hi everyone, can anyone of you kindly provide me the details of the insurance covered in the Education Loan scheme offered in DCB Bank? I want to study MBA. I am going to apply an education loan in this bank so I want to know about the insurance.

Yes the Insurance is covered under DCB loan scheme.

To be eligible for such scheme , its important for a candidate to have secured admission in a recognised university or college with good placement facility.
Must have secured admission on the basis of merit.
One can apply for upto INR 10 lacs for Indian colleges and INR 20 lacs for abroad colleges.
When it comes to abroad education loan of private banks and NBFCs , all applicants if an education loan without collateral much purchase an education loan insurance.