Education Loans - Development Credit Bank

Eligibility : Repayment 6 months after completion of course
Maximum Amount for India : Rs.500000
Maximum Amount Overseas : 75% of the course fee
Documents to be Submitted

Marks list, income proof of guardian, evidence for selection to the courses, copy of ration card, and details of admissible expenses 


Time to Process : 1 Week

Interest Rate :

In India
Upto Rs.200000 : 13.5%
Above Rs.200000 : 15.5%

For Overseas
Upto Rs.200000 : 13.5%
Above Rs.200000: 15.5 %
Collateral and Third Party Guarantee required

Tenure

3 to 5 years in India and maximum 4 years abroad.

For updated information please visit Development Credit Bank Ltd