JB Institute of Technology Scholarship Details

Maimil Maiti

JB Institute of Technology, [JBIT] Dehradun offers scholarships and financial assistance to all deserving students.

Educational Loans at JB Institute of Technology, [JBIT] Dehradun

JB Institute of Technology provides financial assistance to students in the form of an educational loan. The education loan covers not just the direct expenses such as tuition fees & registration/ examination fees but also allied expenses such as those for uniforms, lab equipment/ tools required for the course, travelling expenses, and laptop. Some details of the JBIT scholarship is given below.

• Generally, for loans below INR 4 lakhs, students do not require a security or guarantor.
• Female students are usually offered discounts and/ or lower interest rates on education loans.
• The interest on this loan is eligible for student loan tax benefits under Section 80E of the IT Act.
• For a higher loan amount (usually above INR 7.5 Lakhs), security in the form of fixed deposit, property, or other bank approved collateral is required.
• The normal student loan repayment period is 5 to 7 years, but flexible options for settlement of education loans with a longer time period, i.e. 10 to 15 years is also available.