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#1
18th March 2018, 12:34 AM
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Whether Insurance is covered under Indian Bank Education Loan scheme?
Can anyone of you kindly provide me the details of the insurance covered in the education loan scheme offered in Indian Bank? I am going to apply an education loan in this bank so I want to know about the insurance.
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#2
20th September 2022, 11:46 PM
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Re: Whether Insurance is covered under Indian Bank Education Loan scheme?
Yes the Insurance is covered under education loan.
When it comes to abroad education , all applicants of an education loan without collateral must purchase an education loan insurance Education loans covers expenses that are directly related to the course of study. Some are Library fees Laboratory fees Cost of equipment , books etc Insurance premium The coat of insurance cover with education loan is 2-3% of loan size. |
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