Education Loan From Dena Bank

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DENA VIDYA LAXMI EDUCATIONAL LOAN

Interest
Rate

Loan limit	Interest Rate
Upto 25 Lacs	9.60-11.50%

Loan Amount &
Security

Secured	Unsecured
Above 7.5 Lacs	Upto 7.5 Lacs

Charges &
Repayment

Processing fees	Nil to 1000
Repayment period	maximum upto 15 years
Moratorium period	Course Period + 6 to 12 months

Eligibility
Criteria

Should be an Indian resident/citizen
Secured admission to a higher education course in recognized institutions in India or Abroad
Secured admission to a higher education course in recognized institutions in India or Abroad

Key Benefits &
Coverage

Concessions	1% interest concession may be provided to the loanees if the interest is payed regularly. Interest concession is available only for moratorium period.
Margin	Upto 4 Lacs - Nil Above 4 lacs - 5% for study in India Above 4 lacs - 15% for abroad study
Course covered	Indian Courses - Graduation courses, Post-Graduation courses, Masters & PhD, Professional courses. Courses Abroad - Graduation courses, Post-Graduation courses, Courses conducted by CIMA-London, CPA in USA etc.
Expenses covered	Fee payable to colleges/ schools/ hostels Examination/ Library/ Laboratory fees.Purchase of books, equipment, instruments and uniforms. Passage fare for travel abroad. Purchase of computer needed to complete the course at reasonable rate. Any other expense to complete the course like study tours, project work, thesis etc.

Required
Documents

	Student	Co-Borrower
KYC	Photo ID Residence Proof Pan Card 2 Passport size photograph	Aadhaar Pan card 2 Passport size photograph residence proof(elctricitybill/telephone bill/house lease agreement/bank statement)
EDUCATION	Admit letter from college Brochure of Instittue with College fee-breakup Marksheet of last qualifying exam X, XII and Graduation mark sheet	---
INCOME	---	6 month bank account statement Last 2 years ITR/Form 16 (for salaried persons) Income proof( Latest 3 salary slips ) / assets (if any)
SECURITY	---	Copy of land records Collateral securities along with title clearance report, latest valuation report, or bonds, NSCs, share certificates, LIC policies, etc. can be used as the security

Mr. Nitish Dubey

Email ID: care@credenc.com

Phone No.: 1800 121 0057

Address: Ground Floor, Building-10, Tower-A, Cyber City, DLF Phase 2, Gurugram, Haryana 122002

Registered Office :

2nd Floor, DLF Centre, Sansad Marg,
New Delhi – 110001

Corporate Office :

Ground Floor, Building-10, Tower-A, Cyber City, DLF Phase 2, Gurugram, Haryana – 122002

CIN No. - U74999DL2017PTC319926

Lender	Name	Interest Rates Offered*	Contact Details	Recovery Practices
	Capital India Finance Limited Link: https://www.capitalindia.com/	10% to 25%	Tele calling by In-house team, followed by field visits from Internal teams (as required)
	Capital India Home Loans Limited	15% to 25%	Tele calling by In-house team, followed by field visits from Internal teams (as required)
	Capital India Home Loans Limited	15% to 25%	Tele calling by In-house team, followed by field visits from Internal teams (as required)
	Capital India Home Loans Limited	15% to 25%	Tele calling by In-house team, followed by field visits from Internal teams (as required)
	Capital India Home Loans Limited	15% to 25%	Tele calling by In-house team, followed by field visits from Internal teams (as required)