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Education Loan


EDUCATION LOAN
Special Scheme Loans Applicability For Education (For Reputed Tutions/ Classes/ School/ College fees)
Maximum Amount of Loan

Rs.5.00 Lakh ( Five Lakh ) (Secured Loan)

 

Minimum amount Rs.50,000/- (Fifty Thousand Only)

Eligibility Salaried persons with one year confirmed service / Other than salaried having regular source of income (previous 2 Years ITR filed regularly)
CIBIL 700+ Above
Ownership of Residence Owned  by  Borrower  or  spouse  or  Borrower's  Father/ Mother/ Pagdi
Maximum Repayment period 12/24 Months PDC/ ECS Required
Rate of Interest ROI - 10% p.a.
Processing 0.50%
Existing terms & conditions as per Bank Policy All other terms and conditions will continue as per Bank policy in place - As Applicable