Bandhan Bank is a private-sector bank that offers a host of customer-centric financial products and services. The bank has introduced the Sushiksha Loan specifically for its existing micro-banking customers. The interest rate for the Sushiksha Loan 13.45% p.a.
This loan offers finances to individuals who wish to pursue their higher education in India and overseas. Continue reading to learn about the features, benefits, eligibility conditions, and other important details about the Sushiksha Loan.
The features and benefits of the Sushiksha Loan are listed below:
Scheme Name | Maximum Loan Amount | Interest Rate |
Susiksha Loan | Rs.10,000 | 13.45% p.a. |
To apply for the Sushiksha Loan, you must fulfil the following eligibility conditions:
The documents needed to apply for the Sushiksha Loan are mentioned below:
If you want to apply for the Sushiksha Loan, follow the steps mentioned below:
Step 1: Visit the nearest branch of Bandhan Bank.
Step 2: Request to apply for the Sushiksha Loan.
Step 3: You must submit your documents after your eligibility has been verified.
Step 4: A manual review of your documentation will take place.
Step 5: Following the verification, the loan amount will be approved.
Yes, Bandhan Bank offers the Sushiksha Loan which is an education loan designed for individuals who wish to pursue their higher education in India and overseas.
The interest rate on the Bandhan Bank education loan is 13.45% p.a.
Only existing micro-banking customers of Bandhan Bank can apply for the Sushiksha Loan.
Bandhan Bank offers a loan tenure of up to one year on the Sushiksha Loan.
No, you do not have to pay any processing fee for the Sushiksha Loan.
To apply for the Sushiksha Loan, you must be aged between 18 years and 65 years.
The maximum loan amount that you can obtain through the Sushiksha Loan is Rs.10,000.
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