9 May 2021
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Home >> Educational Loans >> Corporation Bank
Corporation Bank
Eligibility : Applicant should be an Indian National and secured admission to professional/ technical courses through Entrance test/ Merit based selection process in India or abroad.

Expenses Eligible for Finance :
Fee payable to College/ School/ Hostel Purchase of books/ equipment/ instruments/ uniforms
Caution deposit/ Refundable deposit supported by bills.Travel expenses/ Passage money for studies abroad Any other expense required to complete the course - like study tours, project work, thesis etc.

Quantum of Finance :
Need based finance subject to repaying capacity of the parents/ student with following ceilings

Studies in India - Rs 7.50 lakh
Studies abroad - Rs 15.00 lakh

Margin :
Upto Rs.4.00 lakh - Nil
Above Rs.4.00 lakh for studies in India - 5%

Above Rs.4.00 lakh for studies abroad - 5%

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