Course Eligibility       

Study in India :

Graduation courses, Post-Graduation courses, Masters & PhD, Professional courses.

Study Abroad:

Graduation for professional/ technical courses offered by reputed universities; Post Graduation (MCA, MBA , MS )

  Loan Amount    

·  Upto Rs.7.50 lakhs for studies in India .

·  Upto- Rs. 15 lakhs for studies abroad.

  Loan takes care of :    

• Fee payable to colleges/ schools/ hostels
• Examination/ Library/ Laboratory fees.
• Purchase of books, equipment, instruments and uniforms.
• Passage fare for travel abroad.
• Purchase of computers needed to complete the course.
• Any other expense to complete the course like study tours, project work, thesis etc.

 

  Margin    

·  Upto Rs. 4 lakhs- NIL for study in India and abroad.

·  Above Rs. 4 lakhs- 5% for study in India and 15% for study abroad.

 

  Rate of Interest       

Please Check out the Interest Rates Section to find latest Interest Rates applicable

1% INTEREST CONCESSION IF INTEREST SERVICED DURING THE STUDY PERIOD.

 SIMPLE INTEREST CHARGED DURING MORATORIUM PERIOD.

  Process Fees   

        NIL

  Repayment   

        Moratorium- Course period + 1 year or 6 months after getting a job, whichever is earlier.

Repayment period- 5-7 years after start of repayment.


Application Form

For any query, Please contact : Email: query.rbd@denabank.co.in