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Centurion Bank of Punjab
Eligibility : 

One is eligible for the loan if he/she

  • is a resident of India.
  • have an offer / admission letter / are bonafide student of a college / university in India or abroad.

Loan Details


Coverage of expenses 

  • Admission / Tuition fee to be payable to College / University / Institution.
  • Air fare / Travel Expenses.
  • Boarding and Lodging expenses.
  • Books and Stationery expenses.
  • Instruments / equipment / computer expenses required for the course undertaken.
  • Examination / Library / Laboratory fee.
  • Any other expense required to complete the course - like study tours, project work, thesis, etc.

Documents Required 
The following papers/documents should accompany the Application Form to be executed by both the students and the parents/guardians.

Documents Required from both the student / co-applicant.

  • Identity Proof : Copy of Passport / Driving Licence / Voters Identity Card / Income Tax Pan Card.
  • Residence Proof : Copy of Passport / Driving Licence / Voters Identity Card / Utility Bills
  • Age Proof : Copy of Passport / Driving Licence / Income Tax Pan Card / Birth Certificate.
  • Signature Verification.
  • One Singed Photograph ( On the face).

Documents required from students for studies abroad

  • Offer / Admission / Bonafide student letter from the university / college in India or Abroad.
  • Cost of the Course ( including living).
  • Copy of last examination passed result.
  • Copy of Passport in case of study abroad.

Documents required from the co-applicant

  • Income Proof : Form 16 or Income tax returns for the last two years.
  • Collateral Security Papers ( if any).
  • Any other document / information as needed by Bank, depending upon the case and purpose of loan.
Rate of Interest
  As applicable from time to time.

Repayment of loan starts after studying & moratorium period and can go up to a maximum of 7 years.

To Know More Information click : http://www.centurionbop.co.in
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