UCO Bank Educational Loans | www.ucobank.com

UCO Bank
Website : www.ucobank.com/

The scheme extends a helping hand to meritorious students desirous of pursuing basic/ higher/ professional/ technical education either in India or abroad. The parents will become co-borrowers with their dependant (student) if the latter applies for educat.

Bank Type : Nationalized Bank

Abroad Courses

Full time Post Graduate or Doctoral Programs in Engineering, Medicine, Technology (Pure & Applied Sciences), Agriculture, Computer Science, Business Administration, Economics and other Social Sciences

Provided study loan amount in India :
Upto 7.5 Lakhs

Provided study loan amount in Abroad: Upto 15 Lakhs

Eligibility :

Graduation Courses in recognized universities leading to degrees like B.A., B.Sc., B.Com, B.Tech, B.E., MBBS etc.

Coverage :

Education Loans from UCO Bank cover fees for boarding, caution deposit and building fund. Apart from fees for library and examination, it also includes other expenses related to completion of the course. Even travel expenses are taken into account.

Margin

Up to Rs. 4 Lac – Nil.

Above Rs. 4 Lac studies in India – 5%.Studies Abroad – 15%.Service Charge : There is no processing fee /upfront /service charge.

Interest Rate :

Up to Rs.4 lacs – BPLR – 1.00% i.e. 12.50 % p.a. Above Rs.4 lacs – BPLR – 0.5% i.e. 13.00% p.a

Re-Payment :

The loan will be repaid in 5-7 years after commencement of repayment. There will be moratorium for repayment during “the course period +1 year or 6 months after getting job, which ever is earlier”. 1% interest concession may be provided, if the interest is serviced during moratorium period.

Security :

Up to Rs.4.00 lacs – No security.Above Rs.4.00 lacs – Collateral securities of suitable value.

If you have questions, please ask below

24 Comments


  1. Pavnesh kumar says:

    i want to get the information about the eligibility and the list of the documents which r required in loaning process plz rply quickly

  2. chavan bhagyashri ashokrao says:

    i want to get information about the educational loan

  3. chavan bhagyashri ashokrao says:

    i want to get information about application form of educaional loan

  4. sharma balkishan keshavprasad says:

    i selected for merchant navy as a traniee. i submitted my first intallment on 12th october

  5. sharma balkishan keshavprasad says:

    i need all document enquiry which u require for education loan

  6. Animesh Saha says:

    i want education ione

  7. Animesh Saha says:

    i want to get information about education loane

  8. SANDIP KUMAR SAMANTA says:

    Sir,
    i am selected the training of air hostess.but the financial problem was stop my hobby.i submitted my first install at 15/09/09.so i request you to get the loan.please reply quickly.

  9. Subhamoy Santra says:

    I want to know about education loane.If you do not help me,I shall be in trouble.So, please help me.

  10. arup kumar saha says:

    hi. i have taken a loan from uco bank below 4 lac. but they kept my building dides and papers as sequrity. so my question is that if suppose i am not able to pay loan within maintoin period they will takeover my house ? plz. help me out.

  11. abhishek dey says:

    I AM A MBA STUDENT RESIDING AT BAGUIATI.I HAVE PAID MY 2nd SEMESTER FEES FROM OWN SOURCE.I WANT TO TAKE EDUCATION LOAN FOR MY NEXT 2 SEMESTER FEES Rs.140000.SO I WANT PLZ REPLY ME IN MY MOB.NO 9831840926/9804715618.

  12. kanhaiya kumar says:

    I am interested in education loan because i study in BM COLLEGE TECHNOLOGY& MANAGEMENT (Farukh nagar). I belongs to Bihar (Lakhisarai). Please give me detail for education loan.

  13. kanhaiya kumar says:

    i paid in first semster fee and i want to take education loan for my second semster

  14. DIVYAMANI KUMAR MADHUR says:

    I PAID IN FIRST YEAR FEE AND TO TAKE EDUACTION LOAN FOR MY THREE YEAR

  15. lalkrishna sharma says:

    I want Education loan Rs .10000 I am B. com Ca Final Student Pleese reply

  16. Avnish kumar says:

    i want educational loune.please give me educational loune.

  17. Avnish kumar says:

    i want educational loune.please i requested to you please give me educational loune.

  18. Avnish kumar says:

    i want educational loune.so i requested to you please give me educational loune.

  19. Avnish kumar says:

    I paid in first year fee and to take education loan for my three year.

  20. Bhattu Srinivas says:

    Iam studing graduation(BHM)IN Management iam not pay any fee till now so please help me I would like to go rs03lac of loan

  21. RAJKUMAR says:

    I WANT INDUSTRY LOAN BY (PMRY)UCO BANK GHUMARWIN DISTT BILASPUR HP.PIN CODE 174021 BUT BANK MANAGER NOT AGREE GIVE ME LOAN BY PMRY PLAN.SIR I AM NOT FALTED ANY BANK.I AM READY TO PLUZE MY HOUSE BUT MANAGER IS NOT READY GIVE ME A LOAN PLEASE HELP ME MY FULL ADDRESS IS BELOW RAJKUMAR SHARMA S/O SH DHYANA RAM V.P.O.TAKRERE TEH GHUMARWIN DISTT BILASPUR H.P PIN CODE 174021 MOB NO 09817054200

  22. s.kumar says:

    I need Education loan for son for MBA course 2011-2012

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