Education and Career Forum

Hello everyone, I am looking forward to apply for an education loan in Indian Bank for studying BDS course. I would like to know about the terms and conditions for applying an education loan in this bank. Can anyone tell me?

Originally Posted by Unregistered

Hello everyone, I am looking forward to apply for an education loan in Indian Bank for studying BDS course. I would like to know about the terms and conditions for applying an education loan in this bank. Can anyone tell me?

Terms and conditions required to apply for an education loan in Indian Bank are given below:

>> Applicant should be an Indian Citizen

>> Applicant should have obtained admission to higher education course in any recognized college or university through an entrance examination or merit based selection process after completion of 10+2 or equivalent

>> Applicant has to provide necessary margin – up to Rs 4 Lakhs – Nil and above Rs 4 Lakhs – 5% for studies in India

>> Repayment period will be 15 years

>> Repayment Holiday or Moratorium Period – Course period + 1 year

>> Applicant has to provide necessary security for the education loan amount

>> Applicant should apply online only through https://www.vidyalakshmi.co.in/Students/