Oriental bank of commerce gives loan to students seeking to take up higher education after school but do not have funds. Indian national not above 45 years are eligible for loan. Students who have applied for commercial pilot course need to deposit additional security like LIC policy is to be obtained, in case the collateral security equivalent to loan amount condition applies, in such condition obtaining of LIC policy is waived
Highlights
Study Abroad
Study India
Course
Graduation
Graduation
Loan Type
Term Loan
Term Loan
Loan Purpose
Admission fee / Monthly fee / Examination fee, Books, equipments, Air fare expenses of hostel, expenses for study tours, project work, thesis
Admission fee / Monthly fee / Examination fee, Books, equipments, expenses of hostel / expenses for study tours, project work, thesis
Loan Amount
Min. - Rs 50000
Max. - Rs 400000
Min. - Rs 50000
Max. - Rs 400000
Interest Rate
12.25 %
12.25 %
Fees & charges
Fees & charges
Study Abroad
Study India
Terms & Conditions
Terms & Conditions
Repayment starts 1 year after course completion / 6 months after obtaining employment (whichever earlier)