Education and Career Forum

I am interested to study BTech in Mechanical Engineering. For this course I will apply an education loan. I want to apply an education loan from Central Bank of India. So, I would like to know about the expenses which covers in this bank’s education loan scheme?

Expenses covered under Central Bank of India Education Loan scheme for BTech Mechanical aspirant:

Fee payable to college/hostel/Examination/Library/Laboratory fee,

Caution deposit, Building fund/refundable deposit supported by Institution bills/receipts,

Purchase of books/equipment's/instruments/uniforms,

Purchase of computer at reasonable cost (if it is essential for completion of the course),

Any other expense required to complete the course such as study tours, project work, thesis, etc.,

Insurance premium for student borrower, if applicable.

You can find details on the below mentioned website link.
https://www.centralbankofindia.co.in...vidyarthi.aspx

Expenses covered under Central Bank of India Education Loan Scheme for B.Tech Mechanical aspirant are listed below:-

—> Fee payable to college/ school/ hostel
—> Examination/ Library/ Laboratory fee
—> Insurance premium for student borrower, if applicable
—> Caution deposit, Building fund/refundable deposit supported by Institution bills/receipts.
—> Purchase of books/ equipments/ instruments/ uniforms
—> Purchase of computer, if required for completion of the course
—> Any other expense required to complete the course like study tours, project work, thesis, etc.,.

Originally Posted by Unregistered

I am interested to study BTech in Mechanical Engineering. For this course I will apply an education loan. I want to apply an education loan from Central Bank of India. So, I would like to know about the expenses which covers in this bank’s education loan scheme?

Expenses covered under Central Bank of India education loan scheme for BTech Mechanical students are given below:

>> Fee payable to college / hostel

>> Fee payable to Laboratory / Library / Examination

>> Caution Deposit, Building Fund / refundable deposits which are supported by bills

>> Insurance premium for student borrower

>> Purchase of books / equipments / instruments

>> Purchase of computer at reasonable cost, if necessary for the completion of the course

>> Other expenses like Study Tours, Project work, etc.