Educational Loan

Any permanent resident of area of operation of the branch with age group of 16 to 40 years for securing admission to professional / technical course through entrance test / selection process may avail this loan.

* Elligible courses - School education including +2 stage, Graduation, Post Graduation, Professional Course, Other ccourses leading to Diploma / Degree etc.

* Expenses to be considered are school / college fee, examinaion fee, purchase of books, purchase of equipments, caution money deposit etc. and any other expense required to complete the course.

* Quantum of Loan- upto Rs. 7.5 lacs.

* Margin - Upto Rs. 4 Lacs - Nil. Above Rs. 4 lacs - 5%.

* Moratorium - Course period + one year or six month after getting the job, which ever is earlier.

Return to top of page