90% of the expenses including admission fee, tuition fees, examination fees, hostel fees, mess fees, text book price, and fees of the tools for courses to the professional degree/P G courses students.
Project Details
EDUCATION LOAN
Download File
Loan Details
Download File
Application Form
Download File
General documents to be submit
| Maximum Loan Amount | 5,00,000/- Yearly a maximum of Rs.1,25,000/- is sanctioned. Total number of years loan available -4 years |
| Interest Rate | 4.5% P.A |
| Tenure | 60 months |
| Income | Villages :Applicants living in Panchayath area – up to 81,000/- per annum Town : Applicants living in Municipality or Corporation area – up to 1,03,000/- per annum |
Terms And Conditions
1) 80% of the valuation of land pledged / 10 times of intake salary as per salary certificate produced is granted as loan.
2) Loan is available for the students of Professional Degree/PG courses.
3) 90% of the admission fee, tuition fee, exam fee, hostel fee & mess fee, cost of text books and equipments required for the course is sanctioned as loan.
4) Courses under a recognized Indian University /Indian Nursing Council are eligible.
5) The 1st repayment falls due after 6 months to the completion of the course or 3 months to the date of employment of the student which ever is earlier.
6) Testimonials of the course should be submitted along with general documents.