purpose:

Education in India and Abroad.

Loan Amount :

• Max. Loan amount for studies in India is Rs. 10.00 Lacs.
• Max. Loan amount for studies in Abroad is Rs. 20.00 Lacs.
• 75% of total course fees which include Tuition Fees, Exam. Fees, Cost of Course material, equipment, Library.
• Fees will be disbursed directly to the college through pay order or DD.
• Applicant should submit their passing certificate /marks memo every Year before the next installment of Loan amount.

Rate of interest / EMI

Card Rates applicable (p.a.) Interest will be applied monthly basis on outstanding amounts.
EMI Starts at RS.2400* per month. Depending on your tenure.

Period

Maximum period of repayment is 84 months (inlcusive of moratorium)

Security

Bank will ask for collateral security of 125% of Sanction Amount.

Guarantor :

Two guarantor of well means are required

Documents :

• Applicant

Photo, Photo ID, Residence proof, Income Proof such as Last 3 months Salary slip
or Last Three years Balance Sheet and Tax Returns Quotation or Estimate with evidences.

• Guarantor

Photo, Photo ID, Residence proof, Income Proof