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All Courses

ME/M.Tech

Educational loan Details

Must be a Indian,

  • Age 18-35
  • All courses Engineering, Medicine, Arts & Science UG & PG students can Apply Educational loan

 Procedure :

  • Application download or Online Apply, Bank Procedure,Attach necessary documents

 Documents :

  • Allotment order(G.Quota),TC,Ration Card,Aadhar,
  • First Graduate if they need,Income Certificate ,Marksheets.
  • Institutions( Colleges) must be recoginsed  by Central or State government.

 Loan Limit:

 Maximum limit without collateral .Public bank : 7.5 lakhs,Private Bank : 40lakhs

  • With collateral : Public bank 75 lakhs, Private bank : 1.5 crores (Overseas education)
  • Rate of interest 8.15% to 15.00% P.Annum
  • Using IIT, IIMs Score Cards students can Apply Educational Loan – Student Can repay the loan after 6 months of course completion and upto 15 years repayments is allowed.

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