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| COMPARE : EDUCATION LOANS |
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| Introduction |
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| Students who desire to pursue basic/ higher / professional / technical education in India or abroad, UCO bank offers education loan to help them. In India loan is available for students doing plus 2, graduation, post graduation, professional courses, computer certificate courses, etc. and for studies in abroad student can take loan for graduation- job oriented courses / professional / technical offered by reputed Universities, post graduation and courses conducted by CIMA – London, etc. |
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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 |
Graduation : Job oriented professional / technical courses offered by reputed Universities.
Post Graduation : MCA, MBA, MS, etc.
Courses conducted by CIMA – London, CPA in U.S.A., etc. |
Graduation : Job oriented professional / technical courses offered by reputed Universities.
Post Graduation : MCA, MBA, MS, etc.
Courses conducted by CIMA – London, CPA in U.S.A., etc. |
| Loan Amount |
Min. - Rs 50000
Max. - Rs 400000
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Min. - Rs 100000
Max. - Rs 400000
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| Margin Money |
15 %
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5 %
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| Tenure |
Min. - 1 Yrs.
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Min. - 1 Yrs.
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| Interest Rate |
12.5 %
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12.5 %
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| Time to Process Loan |
7 days |
7 days |
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Fees & charges
Fees & charges
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Study Abroad |
Study India |
| Pre-Payment Charges |
1 % |
1 % |
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Eligibility Criteria
Eligibility Criteria
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Study Abroad
Study Abroad:
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| Age |
Min.: 16 Yrs. Max.: 30 Yrs. |
| Documents Required: |
| ID Proof |
Yes |
| Age Proof |
Yes |
| Residence Proof |
Yes |
| Income Proof |
No |
| Telephone |
Yes |
| Photograph |
Yes |
| Bank Statement |
Yes |
| Signature Proof |
Yes |
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Study India
Study India:
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| Age |
Min.: 16 Yrs. Max.: 30 Yrs. |
| Documents Required: |
| ID Proof |
Yes |
| Age Proof |
Yes |
| Residence Proof |
Yes |
| Income Proof |
Yes |
| Telephone |
Yes |
| Photograph |
Yes |
| Bank Statement |
Yes |
| Signature Proof |
Yes |
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Security
Security |
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Upto Rs.4.00 lacs – No security
Above Rs.4.00 lacs – Collateral securities of suitable value. |
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Terms & Conditions
Terms & Conditions |
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Repayment starts 1 year after course completion / 6 months after obtaining employment (whichever earlier) |
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Show All Education Loans
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