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 City Union Bank - India (for Education Loan) |
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Bank Name: |
City Union Bank |
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Study In: |
India |
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Type of Courses Eligible: |
CA,Commercial Pilot,Diploma/ Degree courses,Graduation courses,LLB,MBA,MBBS,Others,Post Graduation courses |
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Cost Covered: |
College/ School/ Hostel Fees, Examination/ Library/ Laboratory Fees, purchase of books/ equipments/ instruments, payment of Caution Deposits/ Building Funds/ Refundable Deposits, expense required for study tours, project work, thesis |
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Moratorium Period: |
1 year or 6 months after getting job, which ever is earlier |
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Interest Rate Type: |
Fixed |
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Interest Rate: |
15.75 |
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Processing Fee: |
Nil |
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Prepayment Charges: |
Nil |
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Collateral Description: |
Upto Rs 4 lakh- No Security, above Rs 4 lakh upto Rs 7.50 lakh- suitable third party guarantee, above Rs 7.50 lakh- third party guarantee and immovable security equal to 100% of the loan amount |
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Guarantor Description: |
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Margin: |
15% |
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