| Courses Eligible
|
BA, B.Com., B.Sc.,Masters & Ph.D,Professional courses,etc
|
MCA, MBA,
MS, Courses conducted by CIMA-London, CPA in USA,etc
|
| Student Eligibility
|
Should
be an Indian National
Secured admission through Entrance Test/ Selection process. No minimum
qualifying marks be insisted upon.
|
| Expenses Considered
|
Fee
payable to college/ school/ hostel.
Examination/ Library/ Laboratory fee.
Purchase of books/ equipment’s/ instruments/ uniforms.
Caution deposit/ building fund/ refundable deposit supported by Institution
bills/ receipt.
Travel expenses/ passage money for studies abroad.
Purchase of computers-essential for completion of the course.
Any other expenses required to complete the course- like study tours,
project work, thesis etc.
|
| Quantum of Finance
|
Need
based finance subject to repaying capacity of the parents/students with
following margin and ceilings.
|
| Margin
|
Upto
Rs.4.00 lacs NIL. Above 4.00 Lacs, the following slabs apply.
|
| Security
|
Upto Rs.4.00
lacs No security
Above Rs.4.00 lacs Collateral security of suitable value or
Co-obligation of guarantee alongwith
|
| Holiday
|
Course
period +1 year or 6 months after getting job, whichever is earlier.
|
| Interest Rate
|
Upto
Rs.4.00 lacs PLR * with quarterly rest
Above Rs.4.00 lacs PLR * + 1% with quarterly rest
|
