BHAKTI SHIRSATH – 201 ADVAIT ANDANSARE – 190

ANIKET SATPUTE – 184 AKANKSHA GAIKWAD - 157

SHRUTI DHAVAN – 187

 About IDBI :
• The Industrial Development Bank of India is the full name of IDBI.

• Its main office is in Mumbai.

• It is currently one of India's most well-known commercial banks,.

• IDBI is currently the tenth largest development bank in the world in terms of reach.

• IDBI Bank was started in 1964: .

• IDBI Bank also offers investment options

 Meaning of Educational Loan
 Expenses Covered under Educational Loan
 Co-applicant
 Educational Loan Limits
 Moratorium Period
 Interest Rate of Educational Loan
 Repayment
 IDBI Education Loan
Education is one area where everybody is willing to spend a lot of money to live a
prosperous life in the future. Being one of the major education loan providers, IDBI
understands the needs of the students and offers extremely competitive education
loans at better interest rates. Every year, a large number of students secure
admissions in top universities and colleges in India and abroad with IDBI education
loans.

General Terms & Conditions:

Management
Prepayment Quota
Charges
For all other variants
Students
 Processing Fees

 Charges

 Co-applicant

 Margin
Parents availing Career Growth
Educational Loan Educational Loan

Under Graduate Post Graduate

Educational Loan Educational Loan
APPLY FOR EDUCATION LOAN OF IDBI
 Application form:
 Photographs:
 Identity proof:
 Address proof:
 Academic documents:
 Fee structure:
 Income proof:
 Bank statements:Furnish bank statements of the co-applicant(s) for the past 6
months.
 Collateral documents (if applicable):
 In case the loan amount is high or the loan is taken for certain courses or
institutions, collateral security may be required. The bank will provide a list of
documents required for collateral, such as property documents or fixed deposit
receipts.
Advantages of IDBI Education Loan:

Following are some of the advantages of applying for an educational loan

with IDBI :-

• Affordable interest rate

• Flexible Repayment Options
• Streamlined Application Process
• Quick Loan Disbursal
• Tax benefits
• Grace Period
Expenses Covered Under Student Loan Scheme :

• Tuition Fee
• Examination Fee
• Library/ Laboratory Fee
• Hostel Fee
• Cost of Books, equipment, instrument, or uniforms.
• Miscellaneous expenses - study tours, project work, thesis, etc.
• A reasonable cost of computer or laptop (if required).
• Insurance premium for student borrowers.
 Educational Loan for Specialized Course:

Objective: Security:

Quantum of Loan: Moratorium period: