#1  
16th January 2019, 03:30 PM
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Requirements to apply for an education loan in Oriental Bank of Commerce to do Pilot Training in IGRUA?


Respected Sir/Madam, I want to do Pilot Training in IGRUA. For this training, I want to apply for an education loan in Oriental Bank of Commerce. Can I know about the requirements for applying an education loan in this bank for this training?




  #2  
8th September 2022, 04:53 PM
Hera tabrez
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Location: Kanpur
Posts: 6,959
Default Re: Requirements to apply for an education loan in Oriental Bank of Commerce to do Pilot Training in IGRUA?

Requirements

Must be an Indian National
Meritorious student
Secured admission to higher educationcourse in a recognised institution in India or abroad through entrance or merit based selection process.

Can get upto INR 10 lacs for Indian colleges and INR 20 lacs for abroad colleges.

No collateral security is required for loans upto 4 lacs.
For loans above 4 lacs both collateral security and third party gurantee is required.

Expenses covered are
Insurance premium
Library, laboratory and examination fees
Travel expenses
Purchase of book and equipment
Any other related expenses to the course of study.
Do you have any question? or have anything to say?



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