To provide financial support to deserving students to pursue studies for Professional & Technical courses in India and abroad.
The student should be an Indian National.
Not Applicable
Rs.75.00Lakh (Depending upon Course & Place of Study)
For Loans Up to Rs.4.00 Lakh: 05%
For Loans above Rs.4.00 Lakh: 15%
Concession of 0.25% to 0.50% depending upon collateral security coverage.
Repayment period of 10Years for loans upto Rs.7.5Lakh and 15Years for laon above Rs.7.5Lakh.
No security & processing fee for loan amount upto Rs.4.00Lakh.
Concessional Rate of Interest for Female Students.
As per banks' Service Charges Booklet
|
Loan Amount |
Applicable Charges |
|
Up to Rs.4.00 lakh |
Nil |
|
From Rs.4.00 Lakh to Rs.7.50 Lakh |
1.00% in addition to documentation charges. |
|
From Rs.7.50 Lakh to Rs.10.00 Lakh |
0.50% in addition to documentation charges. |
|
Above Rs.10.00 Lakh |
0.50% in addition to documentation charges. |
|
Loan Amount |
Applicable Charges |
|
Up to Rs.25000/- |
Nil |
|
Above Rs.25000/- to Rs.2.00 Lakh |
Rs.500/- |
|
Above Rs.2.00 Lakh to Rs.5.00 Lakh |
Rs.1000/- |
|
Above Rs.5.00 Lakh to Rs.25.00 Lakh |
Rs.4000/- |
|
Above Rs.25 Lakh to Rs.50.00 Lakh |
Rs.6000/- |
|
Above Rs.50.00 Lakh to Rs.2.00 Crore |
Rs.8000/- |
|
Above Rs.2.00 Crore |
Rs.10000/- |
| For Term Loan (floating) | |
| For Male Students | |
| Up to 7.50 Lakh | NRLLR+2.00 |
| Above 7.50 Lakh | NRLLR+1.75 |
| For Female Students | |
| Up to 7.50 Lakh | NRLLR+1.50 |
| Above 7.50 Lakh | NRLLR+1.25 |
| For Term Loan (fixed) | |
| For Male Students | |
| Up to 7.50 Lakh | NRLLR+4.00 |
| Above 7.50 Lakh | NRLLR+3.75 |
| For Female Students | |
| Up to 7.50 Lakh | NRLLR+3.50 |
| Above 7.50 Lakh | NRLLR+3.25 |
