Gyani (Education Loan)

Purpose

To provide financial support to deserving students to pursue studies for Professional & Technical courses in India and abroad.

Eligibility:

The student should be an Indian National.

Age :

Not Applicable

Maximum Amount of Finance :

Rs.75.00Lakh (Depending upon Course & Place of Study)

Margin :

For Loans Up to Rs.4.00 Lakh: 05%

For Loans above Rs.4.00 Lakh: 15%

Features :

Concession of 0.25% to 0.50% depending upon collateral security coverage.

Repayment period of 10Years for loans upto Rs.7.5Lakh and 15Years for laon above Rs.7.5Lakh.

No security & processing fee for loan amount upto Rs.4.00Lakh.

Concessional Rate of Interest for Female Students.