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  • Eligibility

    A term loan granted to Indian Nationals for pursuing higher education in India or abroad where admission has been secured

  • Age limit

    16 to 22 Years
    Urban-not exceeds Rs.103000/-

  • Maximum Loan limit

    For Diploma Studies-Rs.50000/Year
    For Degree/Professional Course-Rs.100000

  • Repayment

    One year after completion of course or 6 month after getting job whichever is earlier .The total repayment period will be 7 years

  • Rate of Interest

    11%.incase of Girl student 1% ROI to be less

  • Margin

    Upto Rs.50000-Nil
    Above Rs.50000-10% of Loan amount

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