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Education Loan Expenses Covered

Expenses Covered by Education Loan

Generally, Bank covers the following expenses in Education Loan. However, we highly recommend that you must ask your lending bank about it clearly and prefer taking it in writing from the bank.

  • Tuition Fee
  • Examination
  • Books/Computer
  • Hostel
  • Insurance
  • Educational trips
  • Uniforms
  • Library/Laboratory
  • Passage Money for travel abroad
  • Two-wheeler (upto Rs. 50,000/-)