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Eligibility

The applicant should be Indian national pursuing after 10th Standard a Diploma, after 12th Standard, Graduation, Post Graduation in any faculty, Management/Professional Courses etc.

General Category SC / ST
Age 16 to 28 yrs 16 to 30 yrs
Eligibility Marks 60% marks in 10th & 12th Standard & 1st Class Grade in other cases 50% marks in 10th & 12th Standard & 2nd Class Grade in Graduation/Post Graduation Courses

Purpose

Fees: Admission, Tuition, Examinations, Other expenses, Books, Stationery, Instruments, Equipment, Hostel/Mess charges.

Amount

For Entire Period of Course
Maximum upto Rs.10.00 Lacs in India
Maximum upto Rs.20.00 Lacs - Abroad

Margin

As per Banks Guidelines*

Repayment

To commence 12 months after completion of the course
OR
3 months after securing a job by the student, whichever is earlier. Maximum period 3 years.
Interest shall be paid by Parents/Guardians till the commencement of repayment.
Loan to be repaid in 60 months

Rate of Interest

Interest will be applicable as per the Bank's prevailing Interest rates and scheme terms. click here