#1  
31st December 2018, 03:46 AM
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Insurance covered under Punjab & Sind Bank Education Loan scheme for MCA aspirant?


Can anyone of you kindly provide me the details of the insurance covered in the Education Loan scheme offered in Punjab & Sind Bank? I want to study MCA. I am going to apply an education loan in this bank so I want to know about the insurance.




  #2  
19th August 2022, 05:45 PM
Hera tabrez
Senior Member+++++
 
Join Date: Oct 2020
Location: Kanpur
Posts: 6,959
Default Re: Insurance covered under Punjab & Sind Bank Education Loan scheme for MCA aspirant?

The cost of insurance covered with education loan is 2-3 % of the loan size.

All applicants of an education loan without collateral must purchase an education loan insurance.

The insurance premium will be covered under education loan.
Apart from insurance premium/ tution fees/examination fees/ library fees/laboratory fees etc covered under education loan.

Those who have secured admission van apply for education loan.
Do you have any question? or have anything to say?



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