"Abhyudaya Bank - Now Corporate Agent of LIC of India and the New India Assurance Co. Ltd. all types of Policies available through network of our Branch"

Recruitment for the post of Personnel Manager

" Per day limit of ATM withdrawal is increase to Rs.25,000/- for our Customers "



Abhyudaya Co-operative Bank Ltd.
 
 



NEWS AND EVENTS

Educational Loan


 For education in India and abroad


 1. Unsecured Loan: Rs.4.00 Lakh
 2. Secured For studies in India: Rs.10.00 Lakh
 3. For studies in abroad: Rs.20.00 Lakh



An Indian National, who has secured admission to eligible course. The loan will be sanctioned to the parents of the student and the student will be Co-Borrower.


Diploma / Graduation / Post-Graduation / Medical / Technical / Professional courses in various disciplines.  
Computer Certificate courses in reputed institute accredited to the Department of Electronics.
and for Pilot Training.

For job oriented Professional / Technical / Medical courses offered by reputed Universities.
MCA, MBA, MS etc. Courses conducted by CIMA, London, CPA in USA etc.

Fees / Exam fees / Cost of Books / Equipments / Uniform etc. / Hostel Expenses /
Caution Deposit and Travel Expenses / Passage for student studying abroad will also be considered.
 Upto 100% of total course fees.
Moratorium period : Duration of the course + 6 months.
EMI : Maximum 60 months after Moratorium period


 Unsecured Loans upto Rs.4.00 Lakh: - Two sureties net salary / income above Rs.10,000/- p.m.
 Secured Loans above Rs.4.00 Lakh: – One surety net salary / income above Rs.10,000/- p.m.
 And Collateral security 100% of the sanction limit in the form of Equitable Mortgage of residential flat and/or
 pledge of tangible securities such as NSC / LIP / FDR / RBI Bonds equivalent to at least 100% of the sanctioned limit.
 1% of the Loan amount sanctioned, subject to min.Rs.1,000/- & Max.Rs.2,500/-.
 
1.2% of amount sanctioned