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Akola Urban Bank Education Loan
Akola Urban Bank Education Loan
The Akola Urban Coop Bank offers education loans to facilitate the financial needs of students pursuing higher education in India or abroad. These loans cover a wide range of courses, including graduate and postgraduate programs, as well as professional degrees like CA, ICWA, and others. Recognizing the importance of quality education, the bank extends support to students enrolled in prestigious institutions such as IIMs, IITs, XLRI, and renowned foreign universities. For those pursuing studies in India, the loan encompasses various disciplines, including aeronautical, pilot training, and shipping courses, subject to approval by regulatory bodies.
Aspiring students can benefit from the Akola Urban Coop Bank's education loan to fulfill their academic ambitions with financial ease.
Documents Required
  • Duly filled education loan application form with photographs.
  • KYC documents.
  • Proof of identity, residence, and salary.
  • Bank statement or passbook of the last 6 months.
  • Guarantor form and admission letter (optional).
  • Mark sheets/pass certificates and a detailed breakup of course costs (optional).
  • Eligibility Criteria
    For studies in India:
  • Approved courses leading to graduate/postgraduate degrees, PG diplomas conducted by recognized colleges/universities.
  • Courses like I.C.W.A., C.A., C.F.A., etc.
  • Courses conducted by IIMs, IITs, IISc, XLRI, NIFT, NID, etc.
  • Approved courses offered in India by reputed foreign universities.
  • Regular Degree/Diploma courses like Aeronautical, pilot training, shipping, etc., approved by DGCA/Shipping if pursued in India.
  • For studies abroad:
  • Graduation: Job-oriented professional/technical courses offered by reputed universities.
  • Post Graduation: Courses like MCA, MBA, MS, etc.
  • Courses conducted by CIMA-London, CPA in the USA, etc.
  • Degree/Diploma courses like Aeronautical, Pilot training, and Shipping, etc., if recognized by competent regulatory bodies.
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    List of Benefits
  • For study in India - Maximumof Rs.10 lakh.
  • For Studies Out of India - Maximum of Rs.20 lakh.
  • Repayment & EMI Method
  • The loan is to be repaid in a period of 7 years after completion of education.
  • Methods:
  • Post Dated Cheque (PDC)
  • Electronic Clearance System (ECS)
  • National Automated Clearing House (NACH)
  • Standing Instruction (SI)
  • How To Apply
    Certainly! Step-by-step application process:
    1. Visit Our Official Website.
    2. Read carefully all the information about the program details.
    3. Click on the "Register" to complete the registration with required details.
    4. After successful registration, Use the received credentials to log into your account.
    5. Once logged in, & Get more information about loans.
    6. After, Visit the nearest branch of the bank offering education loans.
    7. Schedule a meeting with a loan officer to discuss your loan requirements.
    8. Ask the loan officer for the education loan application form.
    9. Complete the application form with accurate information. Ensure all required fields are filled correctly.
    10. Collect all necessary documents such as identity, address, income, academic records, admission confirmation, course fee details, etc.
    11. Attach photocopies of the required documents to the application form.
    12. Submit Application to the documents to the loan officer.
    Note: "As a free user,"
    →'You're encouraged to share this valuable information with your friends to access the link properly.'

    20,00,000

    Akola Urban Bank Education Loan
    SCHOLARSHIP PROVIDER
    Akola Urban Coop Bank
    APPLICATION DEADLINE
    31 December
    EDUCATION LEVEL
    All
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    The Akola Urban Coop Bank offers education loans to facilitate the financial needs of students pursuing higher education in India or abroad. These loans cover a wide range of courses, including graduate and postgraduate programs, as well as professional degrees like CA, ICWA, and others. Recognizing the importance of quality education, the bank extends support to students enrolled in prestigious institutions such as IIMs, IITs, XLRI, and renowned foreign universities. For those pursuing studies in India, the loan encompasses various disciplines, including aeronautical, pilot training, and shipping courses, subject to approval by regulatory bodies.
    Aspiring students can benefit from the Akola Urban Coop Bank's education loan to fulfill their academic ambitions with financial ease.