www.indianbank.in Indian Bank : Educational loan

[Admin]

Indian Bank provides convenient educational loans for meritorious/deserving students to acquire knowledge and skill in the field of their interest. By playing beacon, new-generation's quest for success is ably supported, paving way for Generation Banking.

http://www.indianbank.in/education.php

Eligibility:

[LIST][*]The applicant should be an Indian National.[*]He / She should have secured admission to professional / technical courses in India or abroad through Entrance Test / Merit based selection process..[/LIST]

Purpose:

To meet the cost of education covering fee payable to college / school / hostel, exam fees, purchase of books / equipment's, travel expenses / passage money for studies abroad, purchase of computers essential for completion of the course etc.
Caution Deposit, Building fund/ refundable deposit supported by institution bills/receipts, subject to a maximum of 10% of total tuition fees for the entire course.
Insurance premium for student borrower.

Studies in India
[LIST=1][*] Diploma/Graduation/Post-graduation courses in various disciplines.[*] Computer certificate courses of reputed institutes accredited to The Department of Electronics.[/LIST]
Studies Abroad
[LIST=1][*]Job-oriented professional/technical courses offered by reputed universities.[*] MCA, MBA, MS etc.[*]Courses conducted by CIMA - London, CPA in USA etc.[/LIST]
Maximum Permissible Amount of Loan Place of availment
[LIST][*]For Studies in India - Rs.10.00* lakhs[*] For Studies Abroad - Rs.20.00* lakhs
* Higher quantum of loan also can be considered in deserving and meritorious cases.[/LIST]

The loan can be availed from the branch nearest to the place of domicile.

Margin Rate of Interest
[LIST][*]Upto Rs.4.00 lakhs - NIL[*]Above Rs.4.00 lakhs
For Studies in India - 5%
For Studies Abroad - 15%[/LIST]

[LIST][*]Upto Rs.7.50 lakhs - 14.00 % p.a. at present[*]Above Rs.7.50 lakhs -14.25 % p.a. at present[*]Concession of 0.50% in applicable rate of interest will be allowed on fresh Educational Loans to Girl Students for studies in India and Abroad with effect from 1st July 2009. This interest concession will not be applicable to
- Existing female educational loan borrowers
- Educational Loan borrowers who are enjoying finer rate of interest allowed to select premier educational institutions.[*]Floating Rate linked with Base Rate (BR) of the Bank and liable to undergo changes whenever there is a change in BR.[/LIST]

Holiday Period & Repayment Insurance

The course period PLUS 1 year or 6 months after getting a job, whichever is earlier.
Repayable in 5- 7 years.

Life Insurance cover available to the student borrowers under 'New IB Jeevan Vidya' Insurance Scheme.

Security *
Documents should be executed both by the student and parent / guardian as joint borrower.

1. Upto Rs. 4 lacs - No security
2. Above Rs. 4 lacs & Upto Rs.7.50 lacs - Collateral in the form of satisfactory third party guarantee
3. Above Rs.7.50 lacs - Co-obligation of parents / guardians together with tangible collateral security of suitable value along with assignment of future income of the student for payment of installments.

[Guest]

CURRICULUM VITAE
SUNIL KUMAR
Email : sunil_234_yadav AT yahoo.co.in
Objective
· To work in an organization which provides dynamic work environment and changing growth prospects to achieve excellence in my profession.
Academic Qualification
· B.COM with 42.1% marks from Delhi University in the year 2007.
· 12th (All India Senior Secondary Certification Examination) with 51.6% marks form Haryana Board in the years 2003.
· 10th with 47.5% marks from Haryana Board in the year 2001.
Computer Proficiency
· MSOffice XP (Word, Excel, PowerPoint), Tally(4.5, 5.4, 7.2).
· Having one year diploma in C-CAP in Computer from F-Tec. (i.e.; HTML, DHTML, Front-page, java Script, C++ etc).
Working Experience
2008-Till Date :
Presently working as an assistant of Servicing Department in LIC Housing Finance Ltd. Gurgaon Branch.
2006-2008 :
Worked as an Account Assistant in a well reputed Chartered Accountant Firm.
2005-2006 :
Worked as Accounts Assistant in Multimode Pvt. Ltd. Branch of ITC in Billing Department, Gurgaon
2005 :
Worked as account Executive in Interpro Management services Pvt. Ltd. Link with centurion Bank of Punjab.
Career Highlights
Having Five Years Experience of working with reputed organization.