About the Bank

 
 

Dhanlaxmi Bank Ltd (BSE: 532180, NSE: DHANBANK) is an old private sector bank headquartered in Thrissur City, Kerala, India.

 
 

Purpose

 
 

1.Pay admission and tuition fee| 2.Purchase books, study material, equipment and instruments| 3.Pay hostel fees and boarding charges| 4.For studies abroad, fund expenses of air travel, incidental charges, purchase of outfits (clothing & other equipment)| 5.Fund other education-related expenses such as examination, library and laboratory fee, uniforms, caution deposit, building fund or refundable deposits supported by Institution bills and receipts, up to 10% of the total tuition fees for the entire course| 6.Purchase computers needed for the course.| 7.Insurance premium for student borrower| 8.Any other expense in relation to the course - study tours, project work, thesis etc.

Rate of Interest

 
 
  • 1.1.With interest subsidy: Base rate + 2 percent, which comes up to 13.50 percent
  • 2. 2.Without interest subsidy: Base rate + 3.75 percent, which comes up to 15.25 percent
 
 

Features

 
 

No bank features found.

 

Eligibility for Educational Loan

 
 

1.Students of Indian nationality (whether minor or major)

2.Parents can also apply jointly with the student and facilitate repayment through existing sources of income

 
 

FAQ Loan