Education Loan from Development Credit Bank Ltd, Development Credit Bank Ltd educational Loan, Development Credit Bank Ltd Education Loan Schemes

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Development Credit Bank Ltd

Eligibility : Repayment 6 months after completion of course

Maximum Amount for India : Rs.500000
Maximum Amount Overseas : 75% of the course fee

Documents to be Submitted

Marks list, income proof of guardian, evidence for selection to the courses, copy of ration card, and details of admissible expenses

Time to Process : 1 Week

Interest Rate :

In India

Upto Rs.200000 : 13.5%
Above Rs.200000 : 15.5%

For Overseas

Upto Rs.200000 : 13.5%
Above Rs.200000: 15.5 %
Collateral and Third Party Guarantee required

Tenure

3 to 5 years in India and maximum 4 years abroad.

For updated information please visit Development Credit Bank Ltd

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