Purpose

One can take a loan for pursuing studies in recognised schools/colleges/ institutions to meet:

• Tuition and other fees
• Maintenance costs, books & equipment’s, etc.
• Cost of passage (for studies abroad)
• Caution fund/building fund/refundable deposit

Eligibility

• Should be an India National

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

• Should have secured admission to foreign university/ Institution

Loan Amount

Need based finance subject to the repaying capacity of the parents/ students with margin and the following ceilings.

• Studies in India - Maximum Rs.7.50 lacs

• Studies Abroad - Maximum Rs.15 lacs

Margin

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