gurdaspur cooprative bank logo

11:26:43:AM, Monday,02-October-2023

The Gurdaspur Central Cooperative Bank Ltd.        First, Third and Fifth saturday of every month will be full working day i.e from 10 AM to 5 PM        IFS CODE: UTIB0SGDS01        Bank has become live on E-Commerce and PoS transactions.        

Education Loan

Area of Operation -  Loan shall be advanced in the area operation in the Gurdaspur district. 


Salaried employees of Coop. banks, Punjab Govt./Chandigarh Administration and its boards and corporations.


To provide financial assistance to deserving and meritorious student for pursuing higher studies in India or abroad.

Loan Limit

Minimum amount up to RS. 50,000/-

Maximum amount up to RS. 15.00 Lakh.

Rate of Interest



No margin required.

Repayment Period

The instalment will start after completion of course or Maximum 5 years.

Collateral Security

Mortgage of landed property having value of 150% of the loan amount. If the parent/guardian is the employee of Punjab Govt. or Coop. Dept. & submits irrevocable authority then no immovable security is required for the loan up to RS. 5.00 lakhs.