Student

• Should be an Indian National.
• Secured admission to Professional / Technical / Academic courses
• Secured admission to foreign university/Institutions.

Loan Details

Coverage of Expenses

• Fee payable to college/ school/ hostel.
• Examination/ Library/ Laboratory fee.
• Purchase of books/ equipment’s / instruments/ uniforms. Caution deposit/ building fund/ refundable deposit supported by Institution bills/ receipt.
• Travel expenses/ passage money for studies abroad.
• Purchase of computers-essential for completion of the course.
• Any other expenses required to complete the course- like study tours, project work, thesis etc

Quantum

• For studies in India - maximum Rs. 10 lacs
• For studies Abroad - maximum Rs. 20 lacs

Margin

• For loans up to Rs.4.0 lacs - No Margin
• For loans above Rs. 4 lacs
  - Studies in India - 5%
  - Studies abroad - 15%
  

• As per bank rules

Repayable in 60 to 84 monthly installments ( i.e. 5 – 7 years ).
Repayment commences after course period + 1 year or six months after getting a Job which ever is earlier.