- 08455-276417
- dccbmedak@mdkdccb.org
- 3-4-8,Beside Zilla Parishad Main Road,Sangareddy-502001
The District Co-Operative Central Bank Ltd, Medak
Meritorious students for taking up higher education in India and abroad
Banks offer a wide range of lending services to people, companies, and other entities. Usually, the goal of these services is to assist clients in meeting their financial obligations, such as buying homes, funding their schooling, or growing their enterprises.
| Criteria | Policy |
| Purpose | Meritorious students for taking up higher education in India and abroad |
| Loan limit | 15 LAKHS |
| Eligibility | Shall should have passed the classes in single attempt only |
| Student should have obtained minimum 60 % in 9th(ninth), 10th (tenth) and Intermediate ( Inter 1st and 2nd) | |
| The UG Courses eligible such as B.Tech/MBBS/ Polytechnic /Diploma /Hotel Management etc only professional courses | |
| Repayment Period | Loan amount (Principle+ Interest) shall be recovered in (60) monthly equated instalments from one year after completion of course or join in employment whichever is earlier |
| Security | collateral security |
| Documents required | Proof of study admission card/Letter issued by the Institute/University. |
| Bank account statement for the last 6 months | |
| Xerox copy of salary slip and statement of income of parent | |
| KYC DOCUMENTATION | |
| Title Deed Book, Pass Book, Registered Documents, 20 years old pahani of the Immovable property including current year pahani issued by the Concerned Thasildar and Encumbrance certificate for the last 20 Years issued by the concerned Sub-Registrar of assurances |
** For any further queries please contact to nearest branch
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