Studies in India
Diploma/Graduation/Post-graduation courses in various disciplines.
Computer certificate courses of reputed institutes accredited to The Department of Electronics.
Studies Abroad
Job-oriented professional/technical courses offered by reputed universities. MCA, MBA, MS etc. Courses conducted by CIMA - London, CPA in USA etc.
MAXIMUM PERMISSIBLE AMOUNT OF LOAN
For Studies in India - Rs.7.50* lakhs
For Studies Abroad - Rs.15.00* lakh
*Higher quantum of loan also can be considered in deserving and meritorious cases.
PLACE OF AVAILMENT
The loan can be availed from the branch nearest to the place of domicile.
MARGIN
Upto Rs.4.00 lakhs - NIL
Above Rs.4.00 lakhs
    For Studies in India - 5%
    For Studies Abroad - 15%
RATE OF INTERREST
Upto Rs.4.00 lakhs -12.00 % p.a. at present
Above Rs.4.00 lakhs -12.50 % p.a. at present
HOLIDAY PERIOD
The course period PLUS 1 year or 6 months after getting a job, whichever is earlier.
REPAYMENT
Repayable in 5- 7 years.
SECURITY
Documents should be executed both by the student and parent / guardian as joint borrower.
Upto Rs. 4 lacs - No security
Above Rs. 4 lacs & Upto Rs.7.50 lacs - Collateral in the form of satisfactory third party guarantee
Above Rs.7.50 lacs - Collateral security of suitable value OR co-obligation of parents / guardians / third party along wtih the assignment of future income of the student for payment of instalments.

PARTICULARS
PROOF RESIDENCE
For studies in India
Proof of residence Xerox copies of Ration Card or Voters Identity Card or Passport or Electricity or Telephone bill or any such document acceptable to the bank
For studies Abroad
Proof of residence Xerox copies of Ration Card or Voters Identity Card or Passport or Electricity or Telephone bill or any such document acceptable to the bank
ACADEMIC RECORD
For studies in India
Copy of the Xth std/XIIth std mark list, for under graduates. Degree mark list/provisional certificate for post graduates
For studies Abroad
Copy of the Xth std/XIIth std mark list, for under graduates. Degree mark list/provisional certificate for post graduates
DATE OF BIRTH/COMMUNITY (for statistical purpose only)
For studies in India
SSLC/TC/Mark list Community Certificate
For studies Abroad
SSLC/TC/Mark list Community Certificate
FAMILY INCOME
For studies in India
Salary certificate/Pension certificate/Auditor's certificate in case of business category/IT return filed/any other proof for the income stated
For studies Abroad
Salary certificate/Pension certificate/Auditor's certificate in case of business category/IT return filed/any other proof for the income stated
ADMISSION
For studies in India
Admission letter/Bonafide student certificate from the College/University
For studies Abroad
Certificate/I 20 from the College/University
FEE STRUCTURE
For studies in India
Letter/Certificate from the College/University
For studies Abroad
Certificate/I 20 from the College/University
PASSPORT/VISA
For studies in India
Not applicable
For studies Abroad
Copies to be enclosed
GUARNTEE/CO-OBLIGATION
For studies in India
Parent's/Guardian's Co-obligation to be furnished
For studies Abroad
Parent's/Guardian's Co-obligation to be furnished
COLLATERAL(wherever required)
For studies in India
LIC policy/Share certificates/Units of UTI etc. Valuation certificate from Bank's approved panel valuer and legal opinion from Bank's panel advocate in case of land/buildings
For studies Abroad
LIC policy/Share certificates/Units of UTI etc. Valuation certificate from Bank's approved panel valuer and legal opinion from Bank's panel advocate in case of land/buildings
MARGIN(Above Rs.4.00 lakhs)
For studies in India
Details regarding source of funds for meeting the margin furnished alongwith documentary evidence
For studies Abroad
Details regarding source of funds for meeting the margin furnished alongwith documentary evidence
DECLARATION/affidavit stating that no Educational Loan is availed from any other bank by the applicant and his parent
For studies in India
To be submitted
For studies Abroad
To be submitted
DOCUMENTS TO BE ENCLOSED
For studies in India
A & L of the student/parent/guardian/guarantor
For studies Abroad
A & L of the student/parent/guardian/guarantor