Education and Career Forum

Hello everyone, I need to get few information regarding education loan. If I apply for education loan in ICICI Bank then what expenses covered under this loan with respect to my education. I know tuition fee is there but what about internship charges and project expenses?

Originally Posted by Unregistered

Hello everyone, I need to get few information regarding education loan. If I apply for education loan in ICICI Bank then what expenses covered under this loan with respect to my education. I know tuition fee is there but what about internship charges and project expenses?

Yes, ICICI Bank education loan covers the project work expenses. ICICI Bank education loan covers the following expenses:

Fees payable to College / Library / Examination

Purchase of Books / Instruments / Equipment

Insurance premium (for the student)

Caution Deposit, building fund (supported by receipts)

Purchase of Computer if necessary to complete the course

Students have to contact the ICICI Bank branch for more details on the same.

Expenses covered under ICICI Bank Education Loan

- Tution fee and fee related to course

- Expenses related to Project and Internships

- Expenses for instruments and study materials related to the course

Hence, you should not worry about the expenses related to course. If it is for the completion of the course successfully and will help you get admission then surely the bank will provide education loan for it.