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leading educational portal of india

Indian Overseas Bank
 
Bank Name Wise
  Allahabad Bank • Andhra Bank • Bank of Baroda • Bank of India • Bank of Maharashtra • Bank of Rajasthan • Catholic Syrian Bank • Central Bank of India • Dena Bank • DCBL • Federal Bank • HDFC Bank • IDBI Bank • Indian Bank • Indian Overseas Bank • Karnataka Bank  • SBH • State Bank of Mysore • Oriental Bank • Punjab Natioanl Bank • SBI • UCO Bank • Vijaya Bank • Ingvysya Bank   
 

Disclaimer:

Since the rules, regulations, eligibility conditions, repayments and interests rates etc are revised by the banks from time to time. students and parents are advised to check thoroughly the terms and conditions of educational loan scheme of respective bank on offer at the time of application.

Indian Overseas Bank
 

Eligibility :

  • Should have a good academic record.
  • Maximum Amount for India : Rs 200000
  • Maximum Amount Overseas: Rs 600000

Documents to be submitted :

Mark sheets, addmission approval, address proof, photgraph, income proof.

Time to Process :

1 Week

Interest Rate
In India ………………………………Upto Rs 400000…………………. 12% pa
Above Rs 400000…………………13% pa.
For Overseas ……………………..Upto Rs 400000 ………………….. 12% pa
above Rs 400000……………………13% pa.
Collateral and Third Party guarantee required.

Tenures :

Maximum of five years

Repayment :

Maximum after 3 months of completion of course or the date of joining of job which ever earlier.

Contact :

Delhi Tel: 3362003, Bangalore Tel: 2266207, Chennai Tel: 8524142, Hyderabad Tel: 4755324, Kolkata Tel: 2299700, Mumbai Tel: 2182226

Website:www.iob.in


 


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