ICICI Bank Education Loan Scheme
Introduction:
ICICI bank education loan covers the course fee, other supplementary expenses set by the institute. Student must have the letter from the Institute which has the details confirming his admission and course fee along the other important documents. ICICI bank requires a confirmation letter from ICICI Prudential life stating that the students will get absorbed under the payroll of the company.
Highlights:
|
|
Study Abroad |
Study India |
|
Course |
Graduation |
Graduation |
|
Loan Type |
Term Loan |
Term Loan |
|
Loan Purpose |
Fee payable to College / Hostel, Examination / Library / Laboratory fee, Purchase of books / equipments / instruments, Caution Deposit / Building Fund, Travel Expenses / Passage, Purchase of computers |
|
|
Loan Amount |
Min. - Rs 50000 Max. - Rs 400000 |
Min. - Rs 50000 Max. - Rs 400000 |
|
Interest Rate |
13 % |
13.75 % |
Terms & Conditions:
Repayment starts 1 year after course completion / 6 months after obtaining employment (whichever earlier)
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