To provide financial support to the meritorious students in India & Abroad.
Loan Amount upto ₹ 7.50 lacs.
Post Graduation courses : Masters & Ph.D.
Professional courses : Engineering, Medical, Agriculture, Vaterinary, Law, Dental, Management, Computer, etc.
Computer certificate courses of reputed institutes accredited to Department of Electronics or institutes affiliated to University.
Professional Courses: Engineering, Medical, Dental, Agriculture, Veterinary, Law,Management,Computer etc.
Couses like ICWA, CA, CFA etc.
Courses conducted by IIM, IIT, IISC, XLRI, NIFT etc.
Other courses leading to diploma/degree etc. conducted by colleges/universities approved by UGC/Govt./AICTE/AIBMS/ICMR etc.
Courses offered by National Institutes and other reputed private Institutions.
Courses offered by National Institutes and other reputed private Institutions. The Bank depending on future prospects/recognition by user Institutions may also appraise other Institutional courses.
Loan Amount upto ₹ 15.00 lacs.
Graduation: For job oriented professional technical courses offered by reputed Universities.
Post graduation: MCA, NBA, MS etc.
Courses conducted by CIMA [Chartered Institute of Management Accountants] London. CPA [Certified Public Accountant] - USA etc.
Student of Indian National who secure admission through Entrance Test/Selection process acan avail the credit facility under this scheme.
Loan Amount
For studies in India : ₹ 7.50 Lakhs
For Studies abroad : ₹ 15.00 Lakhs
Margin
Up to ₹ 4.00 Lakhs : Nil
Above ₹ 4.00 Lakhs :: In India : 10%
Above ₹ 4.00 Lakhs :: Abroad : 15%
Security
Up to ₹ 4.00 Lakhs : Nil
Above ₹ 4.00 Lakhs : Collateral Security.
Upto ₹ 7.5 Lakhs: Third party Guarantee
Above ₹ 7.5 Lakhs: Collateral security of suitable value or Co-obligation of Parents/Guardians.