Dena Bank’s Vidya Laxmi Educational Loan Scheme
Objective of the Scheme :
Ensure a bright future for your children. Provide them with the best of higher education in India or abroad. Avail Dena Vidya Laxmi Educational Loan.
Eligibility of the Student :
Studies in India :
Graduation courses, Post-Graduation courses, Masters & PhD, Professional courses.
Studies over a Wide Area :
Graduation : For job oriented professional / technical courses offered by reputed universities
Post Graduation : MCA, MBA, MS etc.
Courses conducted by CIMA-London, CPA in USA etc.
Liability of Finance :
Expenses allotted for the Loan :
Quantum of Finance :
Upto Rs. 4 lakhs- NIL for study in India and abroad.
Above Rs. 4 lakhs- 5% for study in India and 15% for study abroad.
Processing Fee / Mortgage Charges :
Rs.1000/- for studies abroad which is refundable on availing the limit.
Rate of Interest :
Please Check out the Interest Rates Section to find latest Interest Rates applicable.
1% interest concession if interest is serviced as and when due during the moratorium period when repayment holiday is specified.
Repayment Period of the Loan :
For more Details, Kindly refer the following link :
To Apply Online :