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Expense considered for loan

• Fee payable to school/college/hostel

• Examination/ Library/ Laboratory fees

• Purchase of books/ equipments/ instruments/ uniforms

• Caution deposit/ building funds/ refundable deposit supported by institution bills/ receipts

• Travel expense / passage expenses for study abroad

• Purchase of computer essentials for completion of course

• Any other expenses to complete the course- like study tours, project work, thesis, etc.

Eligibility

• Should be an Indian National.

• Should have secured admission to professional/ technical courses through Entrance Test/ Selection process.

• Should have secured admission to foreign university/ Institutions.

• No minimum qualifying marks be insisted upon.

Loan Amount

• Studies in India - Maximum Rs.7.50 lacs

• Studies abroad - Maximum Rs.15.00 lacs

Margin

Scholarship / assistantship to be included in margin. Margin may be brought-in on year to year basis as and when disbursements are made on a pro-rata basis.

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