Education Loan Scheme

Patsanstha-1 05-Mar-2022

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Eligibility : Individual who has secured admission in any graduate / post graduate courses offered by College / University. Student will be applicant and parent / relative will be co-applicant.

In case of loan amount above Rs.5.00 lakh - Registered Mortgage of immovable property.

0.50% of the loan amount

a) For Unsecured Loan up to Rs.5.00 lakh = 5.00% of loan amount , b) For Secured Loan above Rs.5.00 Lakh = 2.50% of loan amount.

90% of course fee & other expenses including lodging, boarding & other course related expenses.

Maximum 60 months excluding Moratorium period.

All other terms & conditions as per Bank Policy.

*T&C Apply