Education Loans

bdcc bank bagalkot

Our Rural area needs educated manpower. Lending for the purpose of education has attained a national priority. It should be our endeavor to extend financial help to promising students from Rural area in the pursuit of their education.

Classification Of Loans
Educational Loans may be issued for the following purposes
i) For studies in India.
ii) For studies Abroad.
iii) Education Loan to Children’s of our Employees.

Eligibility criteria for Studies in India
Eligible Courses All recognised Courses (By respective State Govts./Universities) from High School
(VIII Std.) to Ph. D.

(Note : The loan under the Scheme shall not be made available to pursue education at Nursery, Primary, Middle School and Correspondence Courses)
Eligible Person :

a. Minors represented by Parents / Guardians.
b. Major students with co-obligation of parents.

Eligibility Conditions: The student should score following minimum marks.

Course SC/ST Beneficiaries Others

1. High School 35% Pass 50%

2. Junior College 35% 50%

3. Graduation 40% 50%

(Preference will be given to Agricultural oriented Fields)

4. Post Graduation 40% 50%

5. Technical Diploma 50% 60%

(In Optionals) (In Optionals)

6. Technical Degrees 50% 60%

(In Optionals) (In Optionals)
Quantum /Scale of Finance/Need based finance comprising cost of Books and Equipment, College fees, Examination fees, Hostel Charges and Uniform etc.,
Margin : Upto Rs. 25,000/- – Nil

Beyond Rs. 25,000/- – 25%

Security : One Co-obilgant, Two personal sureties.

Rate of Interest : As decided by the bank from time to time.


08354 236443




H.O: BDCC Bank
Sector-24, Navanagar, Bagalkot - 587 103,
Karnataka, India