Dhanalakshmi Bank Educational Loans | www.dhanbank.com

Dhanalakshmi Bank
Website : www.dhanbank.com/

Bank Type : Private Bank

Abroad Courses

Under-graduate courses in Biological & Natural sciences, Computer sciences, Engineering.Post-graduate courses in the above Disciplines and Business Administration.

Provided study loan amount in Abroad

Eligibility :

Students of Indian Nationality (both Minor and Major).Parents of the students can also apply for the loan, or jointly with the student and may repay from their existing sources.

For Studies abroad : Indian Nationals over 18 years of age. The applicant should produce a copy of the Result of Qualifying/ Mandatory examination such as TOEFL, SAT, GRE, AGRE, GMAT etc together with a copy of valid passport, proof of Admission to the College/ University and a copy of the Visa/ Form I-20
Coverage :

Payment of Fees (Admission and Tuition).Purchase of Books and study material.Purchase of Equipment / Instruments.Hostel fees / Boarding charges.For studies Abroad – Air travel, incidental charges, Purchase of Outfit (Clothing & other equipment) will also be included.

Interest Rate :

Upto Rs 4.00 Lakhs : BPLR – 1 % (pa)

Above Rs.4.00 Lakhs: BPLR (pa) Interest during the holiday period to be cleared by the parent/guardian

Security :

Up to Rs.4.00 Lakhs: No security.

Above Rs.4.00 Lakhs : Collateral in the form of a satisfactory guarantee.Security of approved shares / insurance polices with Surrender value/ NSC/ IVP/ Bank deposits etc. And/or Collateral security of land/ Building property equivalent to loan amount.

Documents :

The applicant should furnish photocopies of all the Certificates of previous examinations. (SSC onwards).A certificate from the College/University authorities stating that the student is continuing education should be submitted every year.

If you have questions, please ask below

One Comment

  1. jyothirmai.kota says:

    i would like to know the interest rates of edu loan

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