Allahabad Bank, the oldest establishment have a supply of layer of the state was established in the time 1865. It is a nationalized layer and offers various kinds of fiscal services counting Education credit to its customers. The education credit scheme existing by the Allahabad Bank was launched to provide fiscal assistance to meritorious students on reasonable stipulations. Scroll down the leaf to know more in this area Allahabad Bank Education Loan.
Eligibility Criteria pro Allahabad Bank Education Loan
A) Eligibility Criteria pro Students
* Students seeking education loans must be an Indian National.
* An applicant will be considered eligible pro the credit if he gets admission to qualified or technical way in India or abroad through an lobby exam or a merit-based selection procedure.
B)Courses Eligible pro Getting Loan
Education in India
* Bachelor Degree courses like B.COM, B.A, B.Sc and others
* Master Degree courses and Ph.D programs
* Professional courses like Management, Engineering, Law, Computer, Agriculture, Dental, Medical, Veterinary and others.
* Certificate courses in Computer existing by apparent institutes which are accredited to the Department of electronics or institutions certified by a university.
* Other courses like CA, ICWA and CFA.
* Programs which are conducted by the apparent institutions like IIT, XLRI, IIM, NIFT, IISc.
* Regular diploma and degree courses like pilot training, Aeronautical, shipping and others. The courses existing must be standard by the Director General of Civil Shipping or Aviation.
* Courses with the intention of are conducted by the renowned foreign universities.
* Evening courses which are conducted by the standard institutes.
* Various diploma and degree courses conducted by various colleges and universities standard by Govt., ICMR, UGC, AIBMS, AICTE and others.
Education Abroad
* Bachelor's Degree-Professional and technical courses which are existing by various apparent universities.
* Master's Degree-MS, MBA, MCA and others.
* Programs existing by CPA in USA and CIMA in London.
* Various regular diploma and degree courses in pilot training, aeronautics or shipping standard or recognizable by the competent community shipping or aviation authority.
Quantum of Loan
The most amount agreed as credit pro studies in India is Rs. 10 lacs. Rs. 20 lacs is the most amount pro studies abroad.
Expenses to be considered pro Loan
* The credit includes fees to be paid pro colleges, inn charges, examination fees, and laboratory and store fees.
* It furthermore covers expenses pro purchasing all the de rigueur articles vital pro completion of the courses.
* Travel expenses and money pro purchasing computers are furthermore provided to the students.
* Other payments like building back, refundable deposit and caution money are furthermore built-in.
