 |
 |
 |
 |
 Central Bank of India - India (for Education Loan) |
|
|
|
Bank Name: |
Central Bank of India |
|
|
Study In: |
India |
|
|
Type of Courses Eligible: |
CA,Commercial Pilot,Diploma/ Degree courses,Graduation courses,LLB,MBA,Others,Post Graduation courses |
|
|
Cost Covered: |
Fee payable to College / Hostel, Examination / Library / Laboratory, Purchase of books / equipments / instruments, Caution deposit / building fund, Purchase of computer |
|
|
Moratorium Period: |
1 year after completion of studies or 6 months after securing jobs whichever is earlier |
|
|
Interest Rate Type: |
Floating |
|
|
Interest Rate: |
10.0 |
|
|
Processing Fee: |
Nil |
|
|
Prepayment Charges: |
NA |
|
|
Collateral Description: |
for loans above Rs 4 lakh & upto Rs 7.5 lakh- Collateral in the form of satisfactory third party guarantee, above Rs 7.5 lakh- Collateral security of suitable value or co-obligation of parents/ guardians/ third party along with the assignment of future income of the student |
|
|
Guarantor Description: |
|
|
|
Margin: |
5% |
|
 |
 |
 |
