www.ucobank.com : UCO Bank Education Loan

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UCO BANK'S ATTRACTIVE LOAN SCHEMES
Being a Commercial Bank, giving Loans and Advances is among our primary activities. Apart from our participation in meeting both Term Loan and Working Capital requirements of Agriculture sector, Trade and Service sector, Large/Medium and Small Scale Industries sector, Infrastructure sector etc. including taking care of their Export/Import and non-fund based needs like Letter of Credit, Bank Guarantee etc., we have a fairly large basket of loan products specially designed to suit your personal needs. Salient features of some of the more attractive Personal Loan Schemes are described below.

http://www.ucobank.com/loan.htm#SH

EDUCATION LOAN
Click here to apply online
Download UCO Education Loan Application Form - (pdf version)
Scope:Educational Loan
The scheme extends a helping hand to meritorious students desirous of pursuing higher study either in India or abroad.
Eligibility
** Studies in India
** Graduation courses leading to degrees like B.A., B.Sc., B.Com. etc.
** Post Graduate courses leading to Masters degrees as also Ph.D.
** Professional courses in Engineering, Medical, Agriculture, Veterinary, Law, Dental, Management, Computer, etc.
** Computer Certificate courses of reputed institutes accredited to Universities or DoE.
** Courses like ICWA, CA, CFA, etc.
** Studies Abroad
** 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.

Age limit
For Graduation: between 18 & 25 years
For Post Graduation: between 21& 28 years
For SC/ST students: upto 30 years

Eligibility
** should be Indian National
** Must have secured admission in Regular/ Technical course through selection process.

Quantum of loan
Studies in India : Maximum Rs. 10.00 Lac
Studies Abroad : Maximum Rs. 20.00 Lac.

Security
Upto Rs.4.00 lacs – No security
Above Rs. 4.00 lacs & upto Rs. 7.50 lacs: collateral security in the form of a suitable 3rd party guarantee
Above Rs. 7.50 lacs : collateral securities of suitable value.

Interest Rates-
** Base Rate+3.00% for loan upto Rs. 4.00 lacs
** Base Rate+3.75% for more than Rs. 4.00 lacs

Repayment Period
The loan shall be repaid in 5-7 years after moratorium.

Repayment Holiday
Course period+ 1year or 6 months after getting job whichever is earlier.
1% interest concession may be provided, if the interest is serviced during moratorium period.
For more details, please contact your nearest UCO Bank branch.

Contact Us:
UCOBANK
Head Office, International Wing
10, B T M Sarani, Kolkata – 700 001
West Bengal
India.

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I want education loan for my son. I have an s.b a/c in haripal br.since 30 yrs. How I can get loan?