Eligibility
  • Deserving Student
  • Student between 15-30 years pursuing Post-Graduate studies
   
Sanction Limit
  • Maximum 75% of expenses for further education
   
Repayment period
  • Payable in equal installments within 36/60 months after completion of course of study
  • No pre-payment penalty
   
Rate of interest
   
Security
  • Charge over tangible/liquid assets available
  • Life Insurance Policy of the life of the student (for loan above Rs. 5,000/-).
  • Surety of two individuals acceptable to the bank
   
Documents Required
  • Proof of Residence - Photocopy of Ration Card/Electricity Bill/Telephone Bill
  • Syllabus and Letter of Offer of Admission from the Institution