Graduation, Post-graduation including technical / professional courses from recognized universities.
Computer certificate courses from reputed institutes accredited to department of electronics of institutes affiliated to university.
Courses like ICWA, CA, CFA and courses conducted by IIM, IIT, IISc, XLRI, NIFT and courses approved by UGC / Govt. / AICTE / AIBMS / ICMR etc.
Expenses considered for Education Loan
Fee payable to college/school/hostel
Payment of course fees
Purchase of books/equipments/instruments/uniforms and computer/laptops
Examination/Library/Laboratory fee
Other expense that are required to complete the course - like study tours, project work, thesis, etc.
Quantum of Finance
Need based finance upto Rs. 15.00 lacs.
Security
Upto Rs.7.5 lacs - NIL
Above Rs. 7.5 lacs: Wider range of collateral for loans
Repayment
Loan available upto tenure of 7 years including moratorium period. Repayment to start 1 year after course completion / 6 months after obtaining employment (whichever is earlier)
