Student Loan Schemes Offered by DENA Bank

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Dena Vidya Laxmi Educational Loan Scheme

ELIGIBILITY
· 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.7.50 lakhs for studies in India .

· Upto- Rs. 15 lakhs for studies abroad.

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

NIL

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.


Application FormFor any query, Please contact :
Email: query.rbd@denabank.co.in

[Job-finder]

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.