Education is a basic need like food, clothing and shelter. Never miss an opportunity to learn and grow for want of finance. We are providing financial support to meritorious - deserving students for pursuing higher education in India and abroad.
We will match your funding requirements with best suitable loan products.
Features of Education Loan
- Interest Concession for Women Borrowers
- In case second loan is availed for higher studies later, to repay the combined loan amount in 15 years after completion of second course
- Principal repayment to start after 6 Months of completion of course or getting the job, whichever is earlier
- Monthly interest on loan outstanding is to be serviced during the course
- Loan directly disburse to college as per fee structure
- Collateral free education loan for Premier Institutes/Courses
- Expenses covered under the loan are Tuition Fees, Examination fees, Books / Stationery / Equipments/ Lodging & Boarding/travel expenses / insurance premium for student /study tours/project work, thesis, etc.
- Concessional rate of interest for girl student
- Education loan can also be availed in subsequent years of study provided the student has not availed loan from initial years from any other bank or FI.
We will match your funding requirements with best suitable loan products.
Factors affecting your Eligibility for a Education Loan
- Student must be Indian Resident
- Must possess 10+2 or equivalent Educational Qualifications
- Secured admission to the concerned institute in India or abroad through appropriate selection process and cleared the qualifying examination, if any
- Bright educational journey till now to support your dreams for higher study
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