Interest free Educational Loan
|
Organization offering Educational loan |
West
Bengal Minorities Development & Finance Corporation Bhabani
Bhawan, 2nd floor, West Alipore, Kolkata-700027
Ph
no: 24792998/2893 |
|
Who can apply |
Poor and meritorious
students belonging to any minority community (Muslim/ Christian / Sikh /
Buddhist / Parsee) having annual family income less than Rs.
40,000/- in rural areas and Rs. 55,000/- in urban areas in the age group of
16 to 32 years may apply for a need based loan. |
|
Advertisement Time |
June
to August |
|
Maximum Amount of loan |
Upto
2.5 lakh |
|
Selection Procedure |
On
the basis of merit and economic condition |
|
Eligibility Criteria |
Interest free Educational Loan for Technical & Professional Degree Courses (B.Tech / B.E. / Nurshing / MBA / MBBS etc.) The
applicant should have obtained minimum 65% marks in Madhyamik or
equivalent, 60% in Higher Secondary or equivalent, or 55% in Graduate level
Examination of any recognized Board/Council/University in the academic year. |
|
Website address Link to
download the Form
|
http://www.wbmdfc.org/achievements/Education%20Loan.php |
Name of the Bank
|
State bank of India |
|
Website Address |
http://www.statebankofindia.com |
|
Rate of Interest |
Rates of interest charged
will be as per Bank's policy on the date of disbursement of loan |
|
Max amount of Loan |
Studies in India, maximum
Rs. 10 lacs Studies abroad, maximum Rs.
20 lacs |
|
Link to download form |
Name of the Bank
|
Allahabad Bank |
|
Website Address |
|
|
Rate of Interest |
Rates of interest charged
will be as per Bank's policy on the date of disbursement of loan |
|
Max amount of Loan |
Studies in India: Maximum
Rs 7.50 lacs Studies abroad: Maximum
Rs.15.00 lacs |
|
Link to download form |
Name of the Bank
|
Union Bank of India |
|
Website Address |
http://www.unionbankofindia.com |
|
Rate of Interest |
Rates of interest charged
will be as per Bank's policy on the date of disbursement of loan |
|
Max amount of Loan |
Studies in India - Up to
Rs. 7.50 lacs Studies abroad - Up to Rs.
15.00 lacs |
|
Link to download form |
http://www.unionbankofindia.co.in/ln_Union_Education.aspx |
Name of the Bank
|
Bank Of Baroda |
|
Website Address |
|
|
Rate of Interest |
Rates of interest charged
will be as per Bank's policy on the date of disbursement of loan |
|
Max amount of Loan |
Rs.7.50 Lacs |
|
Link to download form |
Name of the Bank
|
UCO Bank |
|
Website Address |
|
|
Rate of Interest |
Rates of interest charged
will be as per Bank's policy on the date of disbursement of loan |
|
Max amount of Loan |
Studies in India: Maximum
Rs. 7.50 Lac Studies Abroad: Maximum Rs.
15 Lac. |
|
Link to download form |
Name of the Bank
|
Bank of India |
|
Website Address |
|
|
Rate of Interest |
Rates of interest charged
will be as per Bank's policy on the date of disbursement of loan |
|
Max amount of Loan |
Studies in India - Maximum
Rs.10.00 lakh Studies abroad - Maximum
Rs.20.00 lakh. |
|
Link to download form |
http://www.bankofindia.com/Home/productsservices/eduloans.asp |
Name of the Bank
|
Oriental Bank of Commerce |
|
Website Address |
|
|
Rate of Interest |
Rates of interest charged
will be as per Bank's policy on the date of disbursement of loan |
|
Max amount of Loan |
Education in India - Max.
Rs.10.00 lacs. Education Abroad - Max.
Rs.20.00 lacs. |
|
Link to download form |
Not available on Net |