Indian Overseas Bank Education Loan

 
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Indian Overseas Bank Education Loan
  0 out of 5 based on 1 Ratings.

     
 
About Indian Overseas Bank Education Loan
Here you will find Indian Overseas Bank Education Loan Interest Rates, its Eligibility and Repayment Process.

Vidya Jyoti

Eligibility

    Should be an Indian National
    Should have secured admission to professional/technical courses in India or abroad

Purpose 

Loan is made available for Graduation/Post graduation/Diploma/Computer education in any recognized State/Central Government/University, professional courses including Engineering, Medical, Agriculture, Veterinary, Law, Dental, Management, courses like ICWA, CA, CFA, etc., courses conducted by IIM, IISC, XLRI, NIFT etc, courses offered in India by reputed foreign universities/Evening courses of approved institutes, regular degree/ diploma  courses like Aeronautical , Pilot training , shipping etc  approved by Director  General of Civil Aviation/ shipping  if  the course is pursued in India. Incase the course is pursued abroad,  the institute should be  recognized by the competent local aviation/ shipping authority.   For studies abroad, loans will be made available only for Graduation and Post Graduation Courses offered by Reputed Universities and not for diplomas

Quantum of loan

Maximum of Rs. 30.00 lakhs for studying in India and Rs. 40.00 lakhs for studying abroad.

Rate of Interest

Please click Retail credit interest rates
  - Interest to be debited monthly  on simple basis during the repayment holiday/moratorium
    period.

Margin

For loans upto Rs. 4.00 lakh  - Nil

For loans above Rs. 4.00 lakh

Studies within India 5%
For studies abroad 15%

Click Here for more details.

 
 
Comment/ Reviews on Indian Overseas Bank Education Loan
Dear Sir/Madam I am gowthami I m completed B.sc C.S with 54% .I want how percentage apply education.I want 58thds loan
Posted By : GOWTHAMI, on 06-06-2012 15:43:04 
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ho can i get loan for study Bs.c IT study in coimbatore
Posted By : jothiprasad, on 04-05-2012 14:22:06 
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Helllo Sir/Madam.My Name is Mohammed Mohsin.I have finished with B.Com in the year of 2011.I am planning to do Higher Studies,as Higher education is the must,Today.I am planning to do MBA.The total fees for MBA is Rs.3 laks,for 2 years.As,I belong to a less financial stable family,I am unable to do MBA,by my family's sponsorship,being a huge amount too.Can,I get to know the procedure for applying loan,and is there any security required for it??How much minimum amount of loan,will the Bank provide???
Posted By : Mohammed Mohsin, on 14-04-2012 00:20:04 
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This is sharvani i just need to know about the details of education loan. I got a offer letter in Lifeway college for diploma in business administration which is of level 6. Please let me know weather am eligible for education loan where i need 10 lakhs including the living expenses. Kindly do the need full. Its very urgent
Posted By : sharvani desiraju, on 14-11-2011 12:43:53 
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This is sharvani i just need to know about the details of education loan. I got a offer letter in Lifeway college for diploma in business administration which is of level 6. Please let me know weather am eligible for education loan where i need 10 lakhs including the living expenses. Kindly do the need full. Its very urgent
Posted By : sharvani desiraju, on 14-11-2011 12:43:34 
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This is sharvani i just need to know about the details of education loan. I got a offer letter in Lifeway college for diploma in business administration which is of level 6. Please let me know weather am eligible for education loan where i need 10 lakhs including the living expenses. Kindly do the need full. Its very urgent
Posted By : sharvani desiraju, on 14-11-2011 12:43:07 
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This is sharvani i just need to know about the details of education loan. I got a offer letter in Lifeway college for diploma in business administration which is of level 6. Please let me know weather am eligible for education loan where i need 10 lakhs including the living expenses. Kindly do the need full. Its very urgent
Posted By : sharvani desiraju, on 14-11-2011 12:42:29 
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Hi, This is sharvani i just need to know about the details of education loan. I got a offer letter in Lifeway college for diploma in business administration which is of level 6. Please let me know weather am eligible for education loan where i need 10 lakhs including the living expenses. Kindly do the need full. Its very urgent. Regards, Sharvani Desiraju
Posted By : sharvani desiraju, on 14-11-2011 12:41:46 
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Hi, This is sharvani i just need to know about the details of education loan. I got a offer letter in Lifeway college for diploma in business administration which is of level 6. Please let me know weather am eligible for education loan where i need 10 lakhs including the living expenses. Kindly do the need full. Its very urgent. Regards, Sharvani Desiraju
Posted By : sharvani desiraju, on 14-11-2011 12:41:30 
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iob education loan form not download, for server error
Posted By : fedal castro, on 17-09-2011 18:25:27 
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I need educational loan under SSP program.i hv scored 6.5 in ielts. I have also secured admission in business management course in canada.
Posted By : ritika patel, on 15-06-2011 21:03:44 
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i need educational loan under SSP program for abroad study. I have scored 6.5 in ielts. I have taken admission in bisiness management in toronto canada.
Posted By : ritika patel, on 15-06-2011 20:59:51 
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Sir, i am doing MBA fro IIPM New delhi . I want to take Rs92,000/- education loan so please tell me the rate of interest and other formality for the loan.
Posted By : gyanendra pratap singh, on 22-04-2011 17:08:52 
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i need to get 5 lakhs of loan for abroad studies. i AM PLANNING FOR ABROAD TO STUDY FOR DIPLOMA COURSES. I WANT TO KNOW ABOUT ALL THE CRITERIA/CONDITIONS FOR DIPLOMAS STUDY LOAN FOR ABROAD.the course is DIPLOMA IN HOTEL&TOURISM MANAGEMENT i got the admission by merit and i need to join on 6th of april 2011.so replay me as soon as possible
Posted By : kavitha, on 25-03-2011 16:02:05 
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is it mandatory to pay the interest before release of next Instalment? Is it correct that if the bank insists on payment of interest before release of the next instalment?
Posted By : usha, on 23-03-2011 20:36:02 
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is it mandatory to pay the interest before release of next Instalment? Is it correct that if the bank insists on payment of interest before release of the next instalment?
Posted By : usha, on 23-03-2011 20:35:23 
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is it mandatory to pay the interest before release of next Instalment? Is it correct that if the bank insists on payment of interest before release of the next instalment?
Posted By : usha, on 23-03-2011 20:35:08 
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is it mandatory to pay the interest before release of next Instalment? Is it correct that if the bank insists on payment of interest before release of the next instalment?
Posted By : usha, on 23-03-2011 20:35:00 
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is it mandatory to pay the interest before release of next Instalment? Is it correct that if the bank insists on payment of interest before release of the next instalment?
Posted By : usha, on 23-03-2011 20:32:11 
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is it mandatory to pay the interest before release of next Instalment? Is it correct that if the bank insists on payment of interest before release of the next instalment?
Posted By : usha, on 23-03-2011 20:31:50 
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is it mandatory to pay the interest before release of next Instalment? Is it correct that if the bank insists on payment of interest before release of the next instalment?
Posted By : usha, on 23-03-2011 20:31:43 
Report Abuse

is it mandatory to pay the interest before release of next Instalment? Is it correct that if the bank insists on payment of interest before release of the next instalment?
Posted By : usha, on 23-03-2011 20:31:00 
Report Abuse

is it mandatory to pay the interest before release of next Instalment? Is it correct that if the bank insists on payment of interest before release of the next instalment?
Posted By : usha, on 23-03-2011 20:30:39 
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is it mandatory to pay the interest before release of next Instalment? Is it correct that if the bank insists on payment of interest before release of the next instalment?
Posted By : usha, on 23-03-2011 20:30:06 
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is it mandatory to pay the interest before release of next Instalment? Is it correct that if the bank insists on payment of interest before release of the next instalment?
Posted By : usha, on 23-03-2011 20:29:52 
Report Abuse

is it mandatory to pay the interest before release of next Instalment? Is it correct that if the bank insists on payment of interest before release of the next instalment?
Posted By : usha, on 23-03-2011 20:29:18 
Report Abuse

is it mandatory to pay the interest before release of next Instalment? Is it correct that if the bank insists on payment of interest before release of the next instalment?
Posted By : usha, on 23-03-2011 20:29:03 
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is it mandatory to pay the interest before release of next Instalment? Is it correct that if the bank insists on payment of interest before release of the next instalment?
Posted By : usha, on 23-03-2011 20:28:50 
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Sir, My name is Rajesh Kumar i want to pursue my study in NewZealand i opt.Diploma in Business and Administration level 6 from Lifeway college sir the total cost for Studies are arount 5 laks...but i need just 400000 loan to as My dad will pay the remaining fees . sir now what i want to know is will your bank give loan for my course waiting for your reply Thanks & Regards Rajesh Kumar +919780993800
Posted By : Rajesh, on 18-03-2011 18:35:39 
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Sir, My name is Rajesh Kumar i want to pursue my study in NewZealand i opt.Diploma in Business and Administration level 6 from Lifeway college sir the total cost for Studies are arount 5 laks...but i need just 400000 loan to as My dad will pay the remaining fees . sir now what i want to know is will your bank give loan for my course waiting for your reply Thanks & Regards Rajesh Kumar +919780993800
Posted By : Rajesh, on 18-03-2011 18:35:29 
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Dear Sir / Madam, I am working as a System Analyst in L&T ECC DIVISION from 5th September 2007 onwards. I have completed MCA & MBA. I would like to do SAP course in NIIT which cost around Rs.3,36,000( Approx). It is 25 Day course.My clarification on this 1. Whether am eligible to get Education Loan for this course 2. If means , is there any interest willbe. 3. Please mention the EMI, Tenure, Interest Percentage. Please do the needful . Kind Note : MY CTC IS 4,50,000 Thanks & Regards, P.SENTHIL KUMAR 9843557603
Posted By : P SENTHIL KUMAR, on 24-02-2011 23:58:37 
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Dear Sir / Madam, I am working as a System Analyst in L&T ECC DIVISION from 5th September 2007 onwards. I have completed MCA & MBA. I would like to do SAP course in NIIT which cost around Rs.3,36,000( Approx). It is 25 Day course.My clarification on this 1. Whether am eligible to get Education Loan for this course 2. If means , is there any interest willbe. 3. Please mention the EMI, Tenure, Interest Percentage. Please do the needful . Kind Note : MY CTC IS 4,50,000 Thanks & Regards, P.SENTHIL KUMAR 9843557603
Posted By : P SENTHIL KUMAR, on 24-02-2011 23:58:16 
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Dear Sir / Madam, I am working as a System Analyst in L&T ECC DIVISION from 5th September 2007 onwards. I have completed MCA & MBA. I would like to do SAP course in NIIT which cost around Rs.3,36,000( Approx). It is 25 Day course.My clarification on this 1. Whether am eligible to get Education Loan for this course 2. If means , is there any interest willbe. 3. Please mention the EMI, Tenure, Interest Percentage. Please do the needful . Kind Note : MY CTC IS 4,50,000 Thanks & Regards, P.SENTHIL KUMAR 9843557603
Posted By : P SENTHIL KUMAR, on 24-02-2011 23:57:41 
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Dear Sir / Madam, I am working as a System Analyst in L&T ECC DIVISION from 5th September 2007 onwards. I have completed MCA & MBA. I would like to do SAP course in NIIT which cost around Rs.3,36,000( Approx). It is 25 Day course.My clarification on this 1. Whether am eligible to get Education Loan for this course 2. If means , is there any interest willbe. 3. Please mention the EMI, Tenure, Interest Percentage. Please do the needful . Kind Note : MY CTC IS 4,50,000 Thanks & Regards, P.SENTHIL KUMAR 9843557603
Posted By : P SENTHIL KUMAR, on 24-02-2011 23:57:06 
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i have secured admission in uk, university of wales. i have all the doccuments required along with collateral security. i urgently require a loan, so plz contct me fast.
Posted By : RISHI MUKHERJEE, on 18-02-2011 08:28:52 
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I need a education loan to study in abroad for diploma in singapore, whats ther procedure and loan eligible for diploma course or not.
Posted By : Anitha.N, on 14-02-2011 06:37:08 
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