The District Co-Operative Central Bank Ltd, Medak

Educational Loan

Max. Loan

amount to Rs 30.00 lakhs in India/Abroad.

Maximum repayment period

120 monthly instalments, i.e. ten years.

Educational Loan

Give wings to your children’s dreams with THE DCC Bank LTD. MEDAK Education Loans. At THE DCC Bank LTD. MEDAK, we support aspiring students by providing financial assistance to pursue their educational goals. Our education loans are designed for those seeking Technical, Professional, Specialized, or Postgraduate studies at recognized schools and colleges in India or abroad.

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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.

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Educational Loan

Criteria Policy
Purpose  Meritorious students for taking up higher education in India and abroad
Loan limit 30 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 period is 120 monthly instalments, i.e. ten years.
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

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