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Education Loan
 

Eligible Courses

Degree/ Diploma  Courses run by   Central / State Govt. affiliated  counsils, AICTE  authorised   Universities

Eligibility for Application

These  students  having  at least  50 %  Marks  for  courses based on SSLC  and at least 55 %  marks on courses based on   Plus  Two

Amount of Loan

Up to 10 Lakhs

Security

General Nursing/ Diploma courses  Rs. 150000/-
2 Lakh for   other affiliated courses with  out  any security
B.SC  Nursing/ MCA / MBA / Medicine / Engineering
Rs. 42000/- against 2  Personal  Security
Rs. 10 Lakhs  against the security of landed property

Rate of  interest

12.5 %

Disbursement of  Loan

DD  towards the  Institution  as per  the  prospectus  or  Certificate  issued  in time

 
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