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Features of Indian Overseas Bank (IOB) Student Loan Scheme · Objective: · Quantum of Loan: · Margin: · Security: · Holiday Period: · Repayment: · Interest Servicing. Indian Overseas Bank Education Loan Eligibility · Indian National. The student should be a citizen of India or hold the passport of India. · Age. There is no age limit. PURPOSE OF THE LOAN. To meet educational expenses such as tuition fees, hostel fees, cost of books, exam fees, and airfare (for studies.
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