Education Bank Loan in India : Centurion Bank of Punjab

• They should have nationality Indian
• They have admission letter, offer letter, bonafide student of the universities or colleges in India and abroad.

Details of Loan

Exposure of expenses:

• Tuition fee or admission fee payable to institutes, colleges and universities.
• Travel Expenses.
• Lodging and boarding expenses.
• Stationary and books expenses.
• Instruments, computer, equipment expenses needed for the completion of course.
• Laboratory, library and examination fees.
• Other expenses required for completion of course such as study materials, thesis, project work, etc.

Necessary Documents:

For the accompanying the application form following papers or documents are required for both students and the parents. Documents required for the students studying in India:

• Identity Confirmation: Identity proof can be passport copy, identity card of voters, driving licence, or the pan card.
• Residence Confirmation: Driving licence, passport copy, identity card of voters, light bill or the phone bill.
• Age Confirmation: Driving licence, passport copy, birth certificate or the pan card.
• Verification of the signature
• Photograph of the one singe.

• Admission or offer or bonafide letter for the student from the college or university in India or in Abroad.
• Course's cost counting cost of living
• The copy of the examination result passed at last time
• Passport copy

• Income Confirmation: Returns of income tax from last 2 years or form 16.
• Collateral Security Papers
• According to the case, documents or any other information needed by the bank

Disbursement

After completion of study and moratorium period, starts the repayment of loan and complete within 7 years. Moratorium period is 6 months after completion of course or 1 month after getting the job, whichever is earlier. Repayment is done through Post Dated Cheques (PDCs).

Details & Contact

Head Offices
Shanta Durga Niwas, Panaji 403 001,
Goa
Phone - (0832) 222 9112 / 222 9113
Fax - (0832) 222 9114

Corporate Offices:
Modern Centre,
Wing - C,
Sane Guruji Road,
Mumbai 400 011
Phone - (022) 6754 0000
Fax: - (022) 6754 0011 / 22

1201, Raheja Centre,
Nariman Point,
Mumbai 400 021
Phone - (022) 2204 7234, 2204 7238
Fax - (022) 2284 5860