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| COMPARE : EDUCATION LOANS |
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| Oriental Bank of Commerce Education Loan |
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| Introduction |
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| 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 |
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| Highlights |
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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
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Min. - Rs 50000
Max. - Rs 400000
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| Interest Rate |
11.5 %
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11.5 %
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 Fees & charges
Fees & charges
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Terms & Conditions
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Terms & Conditions |
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Repayment starts 1 year after course completion / 6 months after obtaining employment (whichever earlier) |
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