Loans for Indian nationals- meritorious students for pursuing higher education in India or abroad.
Eligible courses —
Studies in India
Graduation, Post-graduation including regular technical and professional Degree/Diploma courses conducted by colleges/ universities approved by UGC/ AICTE/IMC/Govt./AIBMS/ICMR. etc
Regular Degree/ Diploma Courses conducted by autonomous institutions like IIT, IIM, NIFT, IISc etc
Regular Degree/Diploma Courses like Aeronautical, pilot training, shipping etc. approved by Director General of Civil Aviation/Shipping.
Courses like ICWA, CA, CFA etc.
Studies abroad
Job oriented professional/ technical Graduation Degree courses/ Post Graduation Degree and Diploma courses like MCA, MBA, MS, etc offered by reputed universities and Courses conducted by CIMA-London, CPA in USA etc.
Expenses considered for loan
Fees payable to college/school/hostel.
Examination/Library/Laboratory fees.
Purchase of Books/Equipment/Instruments/Uniforms, Purchase of computers- essential for completion of the course (maximum 20% of the total tuition fees payable for completion of the course).
Caution Deposit/Building Fund/Refundable Deposit (maximum 10% tuition fees for the entire course).
Travel Expenses/Passage money for studies abroad.
Fee payable to college for Indian School of Business.
Quantum of loan (maximum)
For
Amount
Studies in India
Rs. 10 lakhs
Studies Abroad
Rs. 20 lakhs
Education Loan to Indian School of Business student
Rs. 20 lakhs
Education Loan to the students of Premier Central Institutions such as IIMs, IITs etc
Rs. 20 lakhs
ऋण योजना
उच्च शिक्षा प्राप्त हेतु ऋण
उद्देश्य
उच्च शिक्षा हेतु
अधिकतम ऋण
अभिभावक की वार्षिक आय का 3 गुना अथवा cost of study का 80 % या भारत में शिक्षा हेत अधिकतम 20 लाख रू0 तथा विदेश में शिक्षा हेतु अधिकतम 30 लाख रू0, जो भी कम हों।
ब्याज दर
पुरषों के लिए 10.00 % वार्षिक एवं महिलओं के लिए 9.75 % वार्षिक।
अवधि एवं अदायगी
अधिकतम अवधि 5 वर्ष / ऋण का पुनर्भुगतान पाठयक्रम पूर्ण होने के छः माह पश्चात अथवा छात्र के नियोजन पाने के अगले माह से 60 समान मासिक किश्तों में |
