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| COMPARE : EDUCATION LOANS |
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| The Surat People’s Cooperative bank Education Loan |
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| Highlights |
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Study Abroad |
Study India |
| Course |
Post Graduation |
Graduation |
| Loan Type |
Term Loan |
Term Loan |
| Loan Purpose |
Loan is given to pursue full time Graduate/Post Graduate professional course in private professional colleges and universities for developing the technical skills in various disciplines viz. medical, engineering, management, computer science etc. |
Loan is given to pursue full time Graduate/Post Graduate professional course in private professional colleges and universities for developing the technical skills in various disciplines viz. medical, engineering, management, computer science etc. |
| Loan Amount |
Loan will be disbursed directly to the college/institute concerned only. The loan will be released every year on the production of proof of continuing education.
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Loan will be disbursed directly to the college/institute concerned only. The loan will be released every year on the production of proof of continuing education.
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| Margin Money |
10 % to 20% depending on merit of the case.
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10 % to 20% depending on merit of the case.
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| Interest Rate |
Boys - 11.00%
Girls - 10.50%
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Boys - 11.00%
Girls - 10.50%
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 Fees & charges
Fees & charges
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Security
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Security |
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Property / liquids security. |
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Terms & Conditions
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Terms & Conditions |
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* Repayment of loan will commence after 6 months of completion of the course. or
* After 6 months of employment whichever is earlier.
The feasibility of repayment of the loan by father/natural guardian during the period of loan should be explored.
Monthly interest must be paid by parent/guardian positively. |
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