From the information that I have gathered, loan can be taken at any nationalized or co-operative banks across India.
The candidates will be getting email bank loan letter to your inbox when your final seat is allotted.
Following is a sample loan letter that students get:
If you have any queries about CDAC bank loan letter, please ask below so that your fellow candidates can answer your queries.
From what I know you have to login to the DASDM website and print the documents available in the login page.Ishaan KhuranaHow we can get this loan.letter?!
The documents will include:
1. Offer Letter
2. Bank Loan letter
3. Acceptance letter format
4. Fees Payment confirmation slip
You can use the Letter certifying your provisional admission to DASDM for availing educational loans from the Banks to pay your course fees.
What will be the bank's eligibility for loan for cdac?
Is there a guarantor needed?
Currently I'm in counseling process n waiting for result in cdac, and want to knoe step by step process for loan for this course.
Welcome My FriendSourabh ShrivastavaAnd btw thanks for the information you have shared.
Like @ester456u said above:Sourabh ShrivastavaIs there a guarantor needed?
Here is what is the norm:
Up to Rs. 4 lakh : No security
Above Rs. 4 lakh and up to Rs. 7.5 lakh : Third Party Guarantee
This question is unclear. If the bank processes the loan, i.e. accepts your loan application, they will issue the DD in the name of the institute.Sourabh Shrivastavahow loan will get processed at bank?
Since for such specialized courses the loan amount is very less, there is no eligibility criteria.Sourabh ShrivastavaWhat will be the bank's eligibility for loan for cdac?
Now the cdac course fees is 115000/- and hostel fees approx. 30000/- plus book purchase and other expenses. Can i get 2.5 lakh education loan from bank ? If not then how much max. amount of loan can i get ?
Vijay, Bank of India (BoI) is now empanelled with C-DAC to provide the education loan for students aspiring admissions in PG Diploma courses. Get details here -https://www.cdac.in/index.aspx?id=edu_acts_BoILetter
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