Education Loans
Education Loans - Objectives
Naroda Nagrik Co-operative Bank’s Educational Loan Scheme aims at providing financial support from the bank to deserving/ meritorious students for pursuing higher education in India and abroad. The main emphasis is that every meritorious student is provided with an opportunity to pursue education with the financial support on affordable terms and conditions. The current rate of interest is around 10.50 % (subject to change) as per policy.
Student's Eligibility
?Should be an Indian National;
?Secured admission to professional/technical courses in India or Abroad through Entrance Test/Merit based selection process.
?Good academic career.
?The student should not have outstanding education loan from any other Institution.
?Father/Mother should be co-borrower.
| RATE OF INTEREST FOR EDUCATION LOANS |
| Education Loan |
10.50 % |
|