The Surath Peoples Cooperative Bank Limited Education Loan Interest Rate
| INTEREST RATE | 9.25% |
| LOAN TENURE | In 5 to 7 years after the Holiday | Moratorium Period |
| PROCESSING FEE | As decided by the bank from time to time |
| GUARANTOR REQUIRED | Yes |
| PRE CLOSURE CHARGES | As decided by the bank from time to time |
About The Surath Peoples Cooperative Bank
The Surath Peoples Cooperative Bank Limited is a Co-operative bank in india. It has headquarter in Ahmedabad. The Surath Peoples Cooperative Bank Limited was founded on 10-03-1922. It has 30 branches and
It provides all the financial services to its customers like saving deposit, fixed deposit, recurring deposit, home loans, personal loan, car loan, education loan, gold loan, PPF account, lockers, netbanking, mobile banking, RTGS, NEFT, IMPS, E-Wallet, Atal Pension Yojana, Pradhan Mantri Jandhan Yojana, Pradhan Mantri Suraksha Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana and many more.
Find details about The Surath Peoples Cooperative Bank Limited which includes The Surath Peoples Cooperative Bank Limited Official Website, The Surath Peoples Cooperative Bank Limited ATMs accross the India, The Surath Peoples Cooperative Bank Limited Branches accross the India, The Surath Peoples Cooperative Bank Limited Contact Numbers, The Surath Peoples Cooperative Bank Limited official EmailID, The Surath Peoples Cooperative Bank Limited Headquarter and The Surath Peoples Cooperative Bank Limited Headquarter Address. Find The Surath Peoples Cooperative Bank Limited Education loan purpos, Eligibility, Margin, Repayment of Education Loan ,Security, Documents Required for Education Loan from below.
Other Products of The Surath Peoples Cooperative Bank Limited:
The Surath Peoples Cooperative Bank Education Loan Purpose
The Surath Peoples Cooperative Bank Eligible Courses for Education Loan
For studies in India:- Approved courses leading to graduate|post graduate degree and P G diplomas conducted by recognized colleges|universities recognized by UGC|Govt.| AICTE| AIBMS| ICMR etc.
- Courses like I.C.W.A., C.A., C.F.A., etc.
- Courses conducted by IIMs, IITs, IISc, XLRI, NIFT, NIDetc.
- Approved courses offered in India by reputed foreign universities.
- Regular Degree|Diploma courses like Aeronautical, pilot training, shipping, degree|diploma in nursing or any other discipline.approved by Director General of Civil Aviation|Shipping|Indian Nursing Council or any other regulatory body as the case may be, if the course is pursued in India.
- Approved by Head Office and included in approved educational institutions list.
- Graduation: For job-oriented professional|technical courses offered by reputed universities. (Diploma|Certification courses are not permissible)
- Post Graduation: Courses like MCA, MBA, MS etc.
- Courses conducted by CIMA-London, CPA in USA etc.
- Degree | Diploma: Courses like Aeronautical, Pilot training, and Shipping etc. provided these are recognized by competent regulatory bodies in India| abroad for the purpose of employment in India and abroad.
The Surath Peoples Cooperative Bank Education Loan Document Required
For salaried individuals
- Duly filled up and signed education loan application form along with photographs
- KYC (Know Your Customer)documents
- Proof of identity- Passport, Voter ID card, Driving license, PAN card, Aadhar Card, Government department ID card
- Latest salary slip showing all deductions or Form 16 along with recent salary certificate
- Proof of residence - Bank account statement, Latest electricity bill, Latest mobile/telephone bill, Latest credit card statement, Existing house lease agreement
- Bank Statement or Bank Pass Book of having entries of last 6 months
- Guarantor Form, Copy of admission letter or the Institute along with Fees schedule (Optional)
- Mark sheets/pass certificates of S.S.C., H.S.C, Degree courses (Optional)
- Detailed break-up of the costs of the course (Optional)
For all individuals except salaried
- Duly filled up and signed education loan application form along with photographs
- KYC (Know Your Customer)documents
- IT returns of the last 2 years and computation of income of last 2 years certified by a Chartered Accountant
- Proof of identity- Passport, Voter ID card, Driving license, PAN card, Aadhar Card, Government department ID card
- Proof of residence - Bank account statement, Latest electricity bill, Latest mobile/telephone bill, Latest credit card statement, Existing house lease agreement
- Bank Statement or Bank Pass Book of having entries of last 6 months
- Guarantor Form, Copy of admission letter or the Institute along with Fees schedule (Optional)
- Mark sheets/pass certificates of S.S.C., H.S.C, Degree courses (Optional)
- Detailed break-up of the costs of the course (Optional)
The Surath Peoples Cooperative Bank Education Loan Amount
(i) For study in India - Maximumof Rs.10 lakh(ii) For study in foreign - Maximum of Rs.20 lakh
The Surath Peoples Cooperative Bank Education Loan Repayment
Repayment Holiday| Moratorium: Course Period + 1 year or 6 months after getting job, whichever is earlier.Security
100% Collateral Tangible SecurityMode of Repayment of Education Loan
Post Dated Cheque (PDC): PDCs are given by the borrower in advance to the bank. They will be for future dates. Bank will deposit the cheque on the date mentioned on the cheque. This mode used to be opted by the borrowers when there were no online repayment options available. This mode is no longer popular and is used by very few borrowers.
Electronic Clearance System (ECS): This mode is very popular and most of the borrowers opted for this mode of repaying the loan. It is an electronic mode for transferring the EMI from borrower's bank to lender's bank.
National Automated Clearing House (NACH): NACH is a facility offered by National Payment Corporation of India (NPCI) for online transfer of funds on due date. This system has come into force recently and is preferred by many people. The benefit of this mode is that it allows transactions to be processed in real time.
Standing Instruction (SI): It is an order or instruction which the account holder gives to his/ her bank to pay a fixed amount to another bank/ account at a regular interval. It is also used by many borrowers to pay EMIs as EMI is a fixed amount. SI is not suitable for variable amounts.
Contact details of The Surath Peoples Cooperative Bank Limited, The Surath Peoples Cooperative Bank Limited SMS balance check number SMS banking, The Surath Peoples Cooperative Bank Limited mobile banking, The Surath Peoples Cooperative Bank Limited toll free number,The Surath Peoples Cooperative Bank Limited toll free number 24*7, The Surath Peoples Cooperative Bank Limited miss call number.
- CUSTOMER CARE NUMBERS - 18002337722
- CONTACT NUMBERS - 0261-2464621,22,23,24,25, 1800 233 7722
The Surath Peoples Cooperative Bank Limited Contact Details
- BANK OFFICIAL WEBSITE - https://www.spcbl.in
- CONTACT NUMBERS - 0261-2464621,22,23,24,25, 1800 233 7722
- EMAIL ID - [email protected], [email protected]
- CUSTOMER CARE NO. - 18002337722
- TOTAL BRANCHES - 30
- TOTAL ATMS - 15
- HEADQUARTER - Ahmedabad
- BANK ADDRESS - Vasudhara Bhavan, Opposite Gandhi Smruti Bhavan, Tiamaliwad, Nanpura, Surat, Gujarat Pincode-395001
The Surath Peoples Cooperative Bank Education Loan FAQs Education Loan Document Required
