COMPARE : EDUCATION LOANS
City Union Bank Ltd. Education Loan
Introduction
City Union Bank provides financial support to deserving/meritorious students for pursuing higher education in India and abroad under the scheme CUB vidyavani. The Scheme also aims to provide financial assistance to the needy poor to undertake basic education.
Highlights
  Study Abroad Study India
Course Graduation Graduation
Loan Type Term Loan Term Loan
Loan Purpose The loan is provided for
Graduation : For job oriented professional / technical courses offered by reputed universities
Post-Graduation - MCA, MBA, MS, PhD etc.
Courses conducted by CIMA-London, CPA in USA etc
The loan is provided for
Graduation courses – B.Sc, B.A, B.Com etc
post graduation courses- Masters & Ph.D
Professional courses – Engineering, Medical, Agriculture, Veterinary, Law, Dental, Management, Computer etc
Computer certificate courses of reputed institutes accredited to Dept. of electronics or Institutes affiliated to University
Courses like ICWA, CA, CFA etc
courses conducted by IIM, IIT, IISc, XLRI, NIFT etc
Regular degree/diploma courses like aeronautical, pilot training, shipping etc approved by Director general of Civil Aviation / shipping, if the course is pursed in India.
courses offered in India by reputed foreign universities
evening courses of approved institutes
Other courses leading to diploma / degree etc., conducted by colleges / universities approved by UGC / Govt. / AICTE / AIBMS / ICMR etc
Loan Amount Min. - Rs 50000
Max. - Rs 2000000
Max. - Rs 1000000
Margin Money Upto 4 lakhs – Nil
Above Rs. 4.00 lakhs is 15 %
Upto 4 lakhs – Nil
Above Rs. 4.00 lakhs is 5%
Tenure Min. - 5 Yrs.
Max. - 7 Yrs.
Min. - 5 Yrs.
Max. - 7 Yrs.
Interest Rate Upto Rs.4.00 lakhs:
For Boys - 14.75%
For Girls - 14.25%
Above Rs.4.00 lakhs
For Boys - 15.75%
For Girls - 15.25%
Upto Rs.4.00 lakhs:
For Boys - 14.75%
For Girls - 14.25%
Above Rs.4.00 lakhs
For Boys - 15.75%
For Girls - 15.25%
 Fees & charges
 Security
 Terms & Conditions
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