Students
We have structured retail loan scheme for the students. If you have a
dream to have higher education in India and abroad, please feel free to ask any question
on our Educational Loan Scheme.
a) UNITED EDUCATIONAL LOAN SCHEME
| Objective |
Providing
financial assistance to meritorious and needy students for pursuing
higher/professional/technical education. |
| Eligibility |
The student
should be an Indian national seeking admission to a professional/technical course through
entrance test/selection process either inland or abroad. |
| Expenses to be covered |
Course Fee,
Examination/Library/Laboratory Fee, Purchase of Books/ Equipments/Instruments/Uniforms,
Caution Deposit/Building Fund/ Refundable Deposit, Travel Expenses/Passage money for
studies abroad, purchase of computer/laptop, if required and other expenses to complete
the course like study tours, project work, thesis etc. |
| Quantum of loan |
1. For study in India :Max. Rs.
7.50 lac 2. For study abroad :Max. Rs.15.00 lac |
| Margin |
1. For loan upto
Rs. 4.00 lac Nil
2. For loan above Rs. 4.00 lac
a) For study in India : 5%
b) For study abroad : 15% |
Life Insurance Coverage:
To ensusure security to students and coborrower's life and
against their loan liability.
United
Educational Loan Scheme
|
