RMGOE

IDBI Bank Education Loan

The IDBI Bank is Development Bank was established in the year 1964. IDBI bank is a Nationalized Bank. The services provided by IDBI bank are Consumer Banking, Corporation Banking, Investment Banking, Mortgage loans, Private Banking etc.

Brief Review

Profile

Description

Name of Bank 

IDBI

Founded on

1964

Headquarter

Mumbai

Type of Bank 

Nationalized Bank

Number of Employees

27,570

CEO Name

Rakesh Sharma

Maximum Loan Amount 

Rs. 30 Lakhs

Timeline for Loan Disposal

Maximum 15 Working days

Annual Revenue

∇ ₹28,043.10 crore (US$ 3.9 billion) (2016)

Processing Fees

No Processing Fee will be charged

Other Subsidiaries

  • IDBI Intech Ltd
  • IDBI Capital
  • IDBI Asset Management Limited
  • IDBI Bank Limited, UAE Branch
  • IDBI Mf Trustee Company Limited
  • IDBI Trusteeship Services Limited
  • IDBI Capital Market & Securities Ltd.
  • Kerala Industrial and Technical Consultancy Organization Ltd.
  • IDBI Bank Limited, Asset Management Arm

Category 

Education Loan in India

 

How to Apply

Online

  • Visit official Web Site of IDBI (Click Here)
  • Find the Education Loan Section (Apply Now Button)
  • Fill online Application Form.

Offline

  • Visit the nearest branch of IDBI Bank to get offline Education Loan form.
  • You may also download the form from official web handle.
  • Submit the Application Form to Nearest Branch along with document needed.
 

Eligibility

  • The applicant should be an Indian national.
  • Applicant must have secured admission in a recognized educational institution.
  • Applicant should have obtained admission in a government certified training institute.
 

Documents Needed

  • Mark sheet of last qualifying examination for school and graduate studies in India
  • Academic Records: 10th Result, 12th Result, Graduation result-semester Wise (if Possible) Entrance Exam Result through which admission is being taken
  • Proof of admission: Offer Letter or Admission Letter from the Institution.
  • Schedule of expenses for the course
 

Expenses Considered

  • Tuition and course fee
  • Examination, library and laboratory fees
  • Caution deposit
  • Cost of books, Uniforms, Equipment and other instruments.
  • Travel Expenses
 

Return Policy

  • In the case of IDBI Education loan, repayment will start after the completion of course period +1 Year or Moratorium period.
  • Repayment Tenor is up to a Maximum of 15 years
 

Contact Details

Head office 

7-e, Rustom Sidhwa Marg, Borabazar Precinct, Ballard Estate, Fort, Mumbai, Maharashtra 400001

Official website

www.idbi.com

Apply for Loan 

Click Here

Contact Number

18002001947

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