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    IDBI Educational Loan

    Uploaded by

    Advait Andansare
    Interest Rate: Repayment: Documents Required: Eligibility: Prepayment Charges: Co-applicant: Processing Fees: Margin: Other Terms: Validity:

    Copyright:

    © All Rights Reserved
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    IDBI Educational Loan

    Uploaded by

    Advait Andansare
    38 views10 pages
    Interest Rate: Repayment: Documents Required: Eligibility: Prepayment Charges: Co-applicant: Processing Fees: Margin: Other Terms: Validity:

    Original Description:

    idbi bank

    Original Title

    IDBI Educational Loan (2)

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    Interest Rate: Repayment: Documents Required: Eligibility: Prepayment Charges: Co-applicant: Processing Fees: Margin: Other Terms: Validity:

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    38 views10 pages

    IDBI Educational Loan

    Uploaded by

    Advait Andansare
    Interest Rate: Repayment: Documents Required: Eligibility: Prepayment Charges: Co-applicant: Processing Fees: Margin: Other Terms: Validity:

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 10

    BHAKTI SHIRSATH – 201 ADVAIT ANDANSARE – 190

    ANIKET SATPUTE – 184 AKANKSHA GAIKWAD - 157

    SHRUTI DHAVAN – 187


    About IDBI :
    • The Industrial Development Bank of India is the full name of IDBI.

    • Its main office is in Mumbai.

    • It is currently one of India's most well-known commercial banks,.

    • IDBI is currently the tenth largest development bank in the world in terms of reach.

    • IDBI Bank was started in 1964: .

    • IDBI Bank also offers investment options


     Meaning of Educational Loan
     Expenses Covered under Educational Loan
     Co-applicant
     Educational Loan Limits
     Moratorium Period
     Interest Rate of Educational Loan
     Repayment
    IDBI Education Loan
    Education is one area where everybody is willing to spend a lot of money to live a
    prosperous life in the future. Being one of the major education loan providers, IDBI
    understands the needs of the students and offers extremely competitive education
    loans at better interest rates. Every year, a large number of students secure
    admissions in top universities and colleges in India and abroad with IDBI education
    loans.

    General Terms & Conditions:

    Management
    Prepayment Quota
    Charges
    For all other variants
    Students
     Processing Fees

     Charges

     Co-applicant

     Margin
    Parents availing Career Growth
    Educational Loan Educational Loan

    Under Graduate Post Graduate


    Educational Loan Educational Loan
    APPLY FOR EDUCATION LOAN OF IDBI
     Application form:
     Photographs:
     Identity proof:
     Address proof:
     Academic documents:
     Fee structure:
     Income proof:
     Bank statements:Furnish bank statements of the co-applicant(s) for the past 6
    months.
     Collateral documents (if applicable):
     In case the loan amount is high or the loan is taken for certain courses or
    institutions, collateral security may be required. The bank will provide a list of
    documents required for collateral, such as property documents or fixed deposit
    receipts.
    Advantages of IDBI Education Loan:

    Following are some of the advantages of applying for an educational loan


    with IDBI :-

    • Affordable interest rate


    • Flexible Repayment Options
    • Streamlined Application Process
    • Quick Loan Disbursal
    • Tax benefits
    • Grace Period
    Expenses Covered Under Student Loan Scheme :

    • Tuition Fee
    • Examination Fee
    • Library/ Laboratory Fee
    • Hostel Fee
    • Cost of Books, equipment, instrument, or uniforms.
    • Miscellaneous expenses - study tours, project work, thesis, etc.
    • A reasonable cost of computer or laptop (if required).
    • Insurance premium for student borrowers.
    Educational Loan for Specialized Course:

    Objective: Security:

    Quantum of Loan: Moratorium period:

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