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#3
16th May 2018, 02:10 PM
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| Re: Union bank of India scholarship
Yes, Scholarship/assistance is included in margin of loan to apply for Education loan in UBI (Union Bank of India). Union Bank of India Education Loan Scheme Eligibility: One must be an Indian National One must have secured admission to professional or technical courses through an appropriate Entrance Test or selection process One must have secured admission to a foreign University One must have passed an appropriate qualifying examination Courses a) Studies in India School education up to +2 Graduation/Post-Graduation Professional course Management course Special Education Loan Scheme for Students pursuing courses from approved institutions like IITs/ IIMs/ NIT / XLRI/ BITS/ VIT/ IISc/ S.P. Jain Institute of Management/ Symbiosis Institute of Management and T.S. Chanakya, Navi Mumbai- Nautical Science and MERI, Calcutta, Marine Engineering, MERI, Mumbai, Maritime Science. b) Studies abroad Graduation: For job-oriented professional or technical courses offered by reputed universities Post-Graduation: MCA, MBA, MS and such other courses Courses conducted by CIMA, London, CPA, USA and such other institution Loan Details Coverage of Expenses Hostel/Boarding Fees including caution deposit/building fund etc. Books, Stationery & Equipment required for the course, including Computers. Examination/Library/Laboratory fees Travel Expenses/Passage for studies abroad. Quantum Studies in India: Up to Rs. 10 lacs Studies Abroad: Up to Rs. 20 lacs Margin Up to Rs. 4 Lac - Nil For loans above Rs. 4 lacs - Studies in India - 5% - Studies abroad - 15% Service Charge: There is no processing fee /upfront /service charge Scholarship/assistance to be included in margin Union Bank of India Education Loan Scheme     |