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.
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
View Comments (8)
I AM A STUDENT STUDYING IN B.TECH. I AM TRYING TO GET AN EDUCATION LOAN FROM UCO BANK BHADRAK BRANCH. BUT THE LOAN IS NOT GOING FORWARD AND THE IS BANK ALWAYS ASKING ME TO APPLY ONLINE. I HAVE FOLLOWED ALL THE PROCEDURES AND APPLIED ONLINE, BUT THERE IS NO RESPONSE FROM THEM. PLEASE HELP ME.
I have applied many times but my branch manager is always saying as he did not get form. Please help me.
Who will take the amount , intstitute or self ?
If we apply in online what is the processes of getting educational loan? Please do answer me
How many days would take to get sanctioned for my education loan?
My account balance?
I want education loan for m.com.
ONLINE REQUEST FORM FOR UCO EDUCATION LOAN is available in the below link.
https://www.ucobank.com/english/home.aspx
Please note that this post is about applying educational loan online. To check your account balance please visit the official website of UCO bank.