Education Loan

Full Formn of ELSC

• Education Loan Scheme Cell
• Education Loan Security Cell
• Education Loan Sanction Cell
• Education Loan Secured Cell

Wheret are the 6 mortgage based ELSC is operational for sanction

• Ahemedabad,Bengaluru,Hyderabad,Mumbai,New Delhi & Pune
• Gandhinagar,Bengaluru,Hyderabad,Mumbai,New Delhi & Chennai
• Kolkata,Bengaluru,Chennai,Mumbai,New Delhi & Pune
• Gandhinagar,Bengaluru,Hyderabad,Mumbai,New Delhi & Chandigarh

NCGTC coverage allowed for eligible accounts upto the limit of Rs………(Education Loan)

• 4.00 lacs
• 5.00 lacs
• 7.50 lacs
• 2.00 lacs

Credit Life Insurance policy above ………..is mandatory for all education loan cases

• 10 lacs
• 7.50 lacs
• 5 lacs
• 4 lacs

Which committee can waive the credit life insurance where tangible security -100% of loan amount is available.

• COCC
• ZOCC
• DNCC
• RMCC

Security norms for Premier Institutions in India for List AA

• Upto 40 lacs -No security
• Upto 30 lacs -No security
• Upto 35 lacs -No security
• Upto 20 lacs -No security

What is the security coverage for loan amount Rs.80.00 lacs -Education loan to Premier Institutions in India?

• 1.50 times
• 1.25 times
• 1.15 times
• 1.00 times

What is maximum Loan Limit for Baroda Gyan (Other than Premier Institutes) for Medical & Pilot Training education?

• 50 lacs
• 75 lacs
• 100 lacs
• 125 lacs

What is the collateral security required for studying abroad for education loans for staff members & their relatives?

• 100 % collateral free loan upto Rs.50.00 lacs for Premier Institutions
• 100 % collateral free loan upto Rs.40.00 lacs for Non- Premier Institutions
• Both A & B
• Only B

What is the collateral security required for studying India for education loans for staff members & their relatives?

• 100 % collateral free loan upto Rs.40.00 lacs for Premier Institutions
• 100 % collateral free loan upto Rs.30.00 lacs for Non- Premier Institutions
• Only A
• Both A & B