The scheme extends a helping hand to meritorious students desirous of pursuing basic/higher/professional/technical education either in India or abroad.
 

Courses Eligible
»	Studies in India
		School education including plus 2 stage.
		Graduation courses: BA, B.Com., B.Sc., etc.
		Post Graduation courses: Masters & Ph.D.
		Professional courses: Engineering, Medical, Agriculture, Veterinary, Law, Dental, Management, Computer etc.
		Computer certificate courses of reputed institutes accredited to Dept. of Electronics or institutes affiliated to university.
		Courses like ICWA, CA,CFA, etc.
		Courses like IIM, IIT, IISc, XLRI, NIFT, etc.
		Courses offered in India by reputed foreign universities.
		Evening courses of approved institutes.
		Other courses leading to diploma/degree etc. conducted by colleges/universities approved by UGC /Govt. /AICTE /AIBMS /ICMR etc.
		Courses offered by National Institutes and other reputed private institutions . Banks may have the system of appraising other institution courses depending on future prospects/recognition by user institutions.
»	Studies abroad
		Graduation: For job oriented professional/technical courses offered by reputed universities.
		Post Graduation: MCA, MBA, MS etc.
		Courses conducted by CIMA-London, CPA in USA etc.

Eligibility
	Applicant must have secured admission to professional/technical course through Entrance Test/Selection Process.
	Secured admission to foreign University / Institution.
	No maximum or minimum income is prescribed for parents/family.

Quantum of loan
	Need based finance subject to repaying capacity of parents/students with following ceilings :
	Studies in India	Maximum Rs.7.50 lac
	Studies Abroad	Maximum Rs.15 lac.

Expenses considered for loan:
	The loan amount under the scheme would be for meeting the following expenses :
	Course Fees
	Hostel/Boarding Fees including caution deposit/building fund etc.
	Books, Stationery & Equipment required for the course, including Computers.
	Examination/Library/Laboratory fees.
	Travel Expenses/Passage for studies abroad.

  No security and no margin are required for loans upto Rs.4 lac. There is also no processing fee/upfront charge.

Important
Since the rules, regulations, eligibility conditions, repayments and interests rates etc. are revised by the banks from time to time in keeping pace with the changing capital market conditions, students and parents are advised to thoroughly check the terms and conditions of educational loan scheme on offer at the time of application.

Head Office
10, B T M Sarani, (Braboume Road)
Kolkata - 700 001
Gen: 033-2254280, Fax: 033-2253986
E-Mail: cmdsec_calcutta@ucobank.co.in
Website: www.ucobank.com