Education LoanUttarakhand Gramin Bank provides education Loan to eligible students for pursuing higher education in India or abroad.
- Should be an Indian citizen.
- Should have selected for the relevant course duly recognizes.
- Got admission in accredited university or institution in India/abroad.
- Parents/Guarantor/Guardian should have house in Uttarakhand.
- Business courses -Engineering, Medical, Agriculture, Dental & Computer Management.
- Graduation Courses- BBA / BCA.
- Post Graduate Courses - MBA / MCA.
- C.A. / ICWA / CFA.
- Courses from IIM/ IIT/ IIMC/ XLRI/ NIFT etc.
- Diploma Courses from UGC / AICTE/ AIBMS/ ICMR University.
- Other Management and Engineering courses from Pvt. and Govt. Affiliated Institutes.
- Courses from CIMA (London), CPA (USA).
Expenses which can be covered in the Scheme
- Hostel Fees.
- Examination/Library/Lab. Fees.
- Expenses for purchase of Books/Instruments/Uniform.
- Travelling Expenses to travel abroad.
- To purchase laptop/computer.
- Any other expense which is necessary for the completion of the course as project /Research Work/study tour, etc.
- Maximum Loan in India Rs.10,00,000/-.
- Maximum loan in Abroad Rs.20, 00,000/-.
- Up to Rs.4.00 Lacs Nil.
- Above Rs.4.00 Lacs - 5%
- Margin Up to Rs.4.00 Lacs Nil.
- Above Rs.4.00 Lacs - 15%
Documents to be obtained For Salaried Individuals:
- Mark sheet of the Last eligibility examination passed.
- If the student is receiving the scholarship the letter in this regard.
- Details and full particulars of the course.
- Proof of selection/admission for the course.
- Details and particulars of the expenses to be incurred for the course.
- Permission for the foreign currency (in case of Education Loan -abroad).
- Statement of Bank account of the borrower for last 6 months
- Proof of Identity :- ( any one of the following)- Photocopy of Passport/PAN Card/Voters ID card/Driving License etc.
- 2 passport size photographs of borrower
- Address Proof :- (any one of the following) - Ration card/Driving License/Voters ID Card/Passport Copy/Telephone Bill/Electricity Bill/Life Insurance policy/PAN Card.
- I.T. Returns/Salary Statement/ Forms 16 for the last 2 years of guardian.
- Details of Last 7 Year employment.
- Opinion Report
For Self Employed Professionals, Proprietary/Partnership firms & Businessman
- Income Proof: - Latest ITR for 3 years.
- Address Proof:- (any one of the following)- Ration card/Driving License/Voters ID Card/Passport Copy/Telephone Bill/Electricity Bill/Life Insurance policy/PAN Card.
- Opinion Report
For more details please contact to nearest Branch's Branch Manager