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Name of the Organisation : UCO Bank (ucobank.com)
Type of Facility : Apply Educational Loan Online
Location : Kolkata

Website : http://www.ucobank.com/
Education Loan Scheme :http://www.ucobank.com/loan.htm#EDUCATIONALLOAN

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Application Form For IINSS-C: https://www.indianjobtalks.in/24169.html
Get Account Balance by SMS: https://www.indianjobtalks.in/14911.html

Apply Educational Loan Online :
Scope :
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.

Margin :
Upto Rs. 4 Lac – Nil
Above Rs. 4 Lac Studies in India – 5%
Studies Abroad – 15%

Service Charge : There is no processing fee /no service charge

Disbursement :
Disbursement in stages as per the requirement directly to institutions.

Click here for Interest Rates

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.

Click here to apply online

Download:
Education Loan Application Form

Contact us:
UCO Bank
International Wing
10, B T M Sarani, Kolkata – 700 001
West Bengal
India.

Helpline :
Toll Free Number – 1800 103 0123
Customer Grievances – hopgr.calcutta@ucobank.co.in
Customer Feedback/ suggestions -customercare.calcutta@ucobank.co.in