Education loan

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Education loan is granted for higher studies in colleges in India and abroad in any educational field in college affiliated with recognized universities, medical colleges, technical institutions, pharmaceutical colleges, Information Technology etc, so that students from poor & middle classes as well as brilliant and needy students can take advantages of the scheme. [The scheme will not cover any correspondence course].

Applicant
Student is minor, Parents / Guardian will be applicant/s.
In case student is above 18 years of age, he/she will be the applicant for the loan. The parents will be co-applicants.


Limit
India 5 Lac, out of country 8 Lac .

Rate of interest
Please Contact Your Nearest Branch

Security
No Collateral Security For Loan upto Rs.5.00 Lakh *

Guarantor
Two Guarantors
In case of inland education loan if 100% Collateral Security is offered in the form of Immovable Property or Liquid Security then, No Guarantor required
*Condition Apply