Education Loan Scheme Brand Brand Brand Brand New
A term loan awarded to Indian Nationals for pursuing advanced schooling in Asia or abroad where admission happens to be guaranteed.
- Repayment period of upto 15 years after Course Period + 12 months of payment holiday*
- Processing Costs
- Loans upto Rs. 20 lacs: NIL
- Loans above Rs. 20 lacs: Rs. 10,000 (plus taxes)
- Upto Rs. 7.5 Lacs: Only Parent/ Guardian as co-borrower. No Collateral Security or 3rd party guarantee
- Above Rs. 7.5 Lacs: Parent/ Guardian as co-borrower and concrete security security
- Up to Rs 4 Lacs – Nil
- Above Rs 4 Lacs – 5% for studies in Asia, 15% for studies in abroad
- Repayment will commence one after completion of course year.
- Loan to be repa
- A phrase loan given to Indian Nationals for pursuing advanced schooling in Asia or abroad where admission was guaranteed.
Studies in Asia