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| Purpose: | Payment of course fees.Purchase of books, equipments, instruments, uniform, payment of hostel fees, examination fees, study tours, passage expenses (for studies abroad) |
| Eligible Courses : | Studies in India:
Graduation, Post-graduation including technical / professional courses with employment potential conducted by colleges / Universities approved by UGC / Govt./AICTE/Department of Electronics / IMC, autonomous institutions like IIT,IIM etc. |
| Studies abroad: | Job oriented, technical / professional courses- (graduation / post graduation |
| Quantum of Finance: | Need based finance
For studies in India : Max. Rs.10.00 lacs For studies abroad : Max. Rs.20.00 lacs |
| Margin | Upto to Rs.4.00 lacs – Nil
Above Rs.4.00 lacs – for studies in India – 5% studies abroad : 15% |
| Security: | Loan is given jointly to the student and parent /guardian
Assignment of future income of the student Upto Rs.4.00 lacs- No security Above Rs.4.00 lacs upto Rs. 7.50 lacs –Satisfactory third party guarantee (Note: If the proposed borrower prefers to offer collateral security of tangible assets (moveable or immoveable) instead of bringing collateral securities in the form of third party guarantee, Above Rs. 7.50 lakhs: Collateral security equal to 100% of the loan amount. |
| Repayment | Commences two years after completion of the course or six months after getting employment, whichever is earlier.
Loan with interest is repayable in equated monthly instalments within 5 to 7 years. Credit Delivery Loan can be availed from the branch nearest to the place of permanent residence of the parent / guardian. |
Contact
Delhi Tel: 6286087
Bangalore Tel: ‘5589502
Chennai Tel: ‘8524790
Hyderabad Tel: 3225324,3220607
Kolkata Tel: ‘2474881
Mumbai 2185241
Apply Online
Ranchi board
Result
sir/madam,
i need education loan for my higher pg medical study. i need approximately 300000rs for total course of 3years. kindly do the needful.
regards
DR JAGADEVI B
MD MICROBIOLOGY
KIMS BANGLORE 70
09739431970
mail id drjagadevi@gmail.com