Ensure a bright future for your children. Provide them with the best of higher education in India or abroad. Avail Dena Vidya Laxmi Educational Loan.
You are eligible if:
-> You are an Indian national and have secured admission to a professional or technical course in an Indian or Foreign university.
-> Simply walk in with the marksheet of the qualifying exam. and proof of admission.
Course Eligibility
Study in India: Graduation courses, Post-Graduation courses, Masters & PhD, Professional courses.
Study Abroad: Graduation for professional/ technical courses offered by reputed universities; Post Graduation (MCA, MBA, MS)
Loan Amount
· Upto Rs.10 lakhs for studies in India.
· Upto- Rs. 20 lakhs for studies abroad.
Loan takes care of :
* Fee payable to colleges/ schools/ hostels
* Examination/ Library/ Laboratory fees.
* Purchase of books, equipment, instruments and uniforms.
* Passage fare for travel abroad.
* Purchase of computers needed to complete the course.
* Any other expense to complete the course like study tours, project work, thesis etc.
Margin
· Upto Rs. 4 lakhs- NIL for study in India and abroad.
· Above Rs. 4 lakhs- 5% for study in India and 15% for study abroad.
Rate of Interest
Please Check out the Interest Rates Section to find latest Interest Rates applicable
1% INTEREST CONCESSION IF INTEREST SERVICED DURING THE STUDY PERIOD.
SIMPLE INTEREST CHARGED DURING MORATORIUM PERIOD.
Process Fees
Rs.1000/- for studies abroad.
Repayment
Moratorium- Course period + 1 year or 6 months after getting a job, whichever is earlier.
Repayment period- 5-7 years after start of repayment.
For any query, Please contact : Email: rbd@denabank.co.in
For more details, please visit http://www.denabank.com/
