Eligibility

Age:
12-30 years for studies in India
18 to 35 years for study in other countries

Qualifying Marks Exempted

Quantum of Loan

• Rs. 7.50 Labs for studies in India
  
• RS. 15.00 Labs for Studies Abroad
  

Purpose of Loan

• To meet cost of Tuition fee, Hostel fee,Examination fee, Books, Project work, Study tours, and Refundable deposits.
  

PLUS - AIR PASSAGE AND MAINTENANCE, FOR ABROAD STUDIES.

Margin

• Apt Rs. 4.00 Labs Exempted
  
• Above Rs. 4.00 Labs
  • 5% In India
  • 15% for Abroad Studies.
    

Security

• Apt Rs. 4.00 Lacs - Exempted
  
• Above Rs. 4.00 Lacs--Collateral Security of suitable value

Interest

• Upto Rs. 4.00 Lacs--@PLR
  
• Above Rs. 4.00 Lacs--@PLR+1%
  (PLR at present:12%)

INTEREST WILL BE CHARGED ON SIMPLE BASIS DURING STUDY PERIOD.