Education and Career Forum

Kindly let me know that what are the expenses covered up in the education loan scheme of Indian Overseas Bank. I want to do BTech through the education loan of Indian Overseas Bank. So, I want to know about the expenses first. Thank you!

Expenses covered under Indian Overseas Bank Education Loan scheme are;

Fee payable to Tuition/ college/ hostel.

Examination/ laboratory/ library fee.

Purchase of Books/ uniform/ instruments.

Caution deposit.

Purchase of Computer/Laptop at reasonable price ( if it is essential for completion of course).

More info;
https://www.iob.in/Educational-loans-vidya-jyoti

Expenses covered under Indian Overseas Bank Education Loan Scheme for B.Tech aspirant are listed below:-

--> Tuition/ College Fee
--> Examination/ Library/ Laboratory Fee
--> Purchase of books/ equipments/ instruments/ uniforms
--> Caution Deposit/ building fund/ refundable deposit supported by Institution bills
--> Purchase of computer if essential for completion of the course.
--> Any other expense required to complete the course like study tours, project work, thesis, etc.,.

Expenses Covered Under Indian Overseas Bank Education Loan

- Tuition fee and other fees related to course

- Examination, library and laboratory fees

- Caution deposit

- Cost of books, Uniforms, Equipment and other instruments.

- Travel Expenses