|Purpose||To meet the expenses on tuition fees, examination fees, hostel fees, including mess bill,
cost of books and instruments / equipments, which are absolutely necessary for the course and any other expenditure incurred in connection with the studies of the
student through the respective Institution / College / University.
|Eligible courses||MBBS / BDS / B.V.Sc., BPT / B.Pharm / BOT, B.Sc., (Agri.) / B.E. (Agri. Engg.), M.Sc., (Agri.) / B.Coop. / M.Coop., B.E., B.Tech., B.Arch., M.E., M.Tech., MCA / B.Sc., (Computer Science), BBA / MBA / BBM / MBM. etc.,|
|Eligible persons||Any individual in employment with Government / Quasi Government Organizations, Banks and other
establishments of repute / private / public sector undertakings with adequate means to repay
the principal and interest of the loan shall be eligible to apply for the loan, towards his sons / daughters / wards
to pursue the professional courses mentioned above.
|Quantum||Rs.2,00,000 for study in India and Rs.3,00,000 for study in abroad or 95% of the expenditure towards the entire course of study, whichever is less.|
|Rate of Interest||15% p.a. (subject to change from time to time).|
|Repayment period||3 to 5 years.|