Bank of India Education Loan
Website: www.bankofindia.com
OBJECTIVE & PURPOSE:
The Star Educational Loan Scheme aims at providing financial support from the bank to deserving/ meritorious students for pursuing higher education in India and abroad. The main emphasis is that every meritorious student is provided with an opportunity to pursue education with the financial support on affordable terms and conditions.
ELIGIBILITY CRITERIA:
STUDENT'S ELIGIBILITY:
(a) Should be an Indian National;
(b) Secured admission to professional/technical courses in India or Abroad through Entrance Test/Merit based selection process.
(c) Good academic career.
(d) The student should not have outstanding education loan from any other Institution.
(e) Father/Mother should be co-borrower.
(f) Branch nearest to the permanent residence of student will consider the loan.
(2) ELIGIBLE COURSE:
(i) Studies in India (Indicative list):
Graduation courses : BA, B.Com., B.Sc., etc.
Post Graduation courses : Masters & Phd.
Professional courses : Engineering, Medical, Agriculture, Veterinary, Law, Dental, Management, Computer, etc
Computer certificate courses of reputed institutes accredited to Department of Electronics or institutes affiliated to university.
Courses like ICWA, CA, CFA, etc.
Courses conducted by IIM, IIT, IISc, XLRI, NIFT, NID and other Institutes set up by Central/State Govt.
Evening courses of approved institutes.
Other courses leading to diploma/degree, etc. conducted by colleges/universities approved by UGC/Govt./AICTE/AIBMS/ ICMR, etc.
Courses offered by National Institutes and other reputed private institutions with prior approval of Head Office.
Courses offered in India by reputed foreign universities with prior approval of Head Office.
(ii) Studies abroad:
Graduation : For job oriented professional/technical courses offered by reputed universities.
Post Graduation : MCA, MBA, MS, etc.
Courses conducted by CIMA - London, CPA in USA, etc.
EXPENSES CONSIDERED FOR LOAN :
(1) Fee payable to college/school/hostel*
(2) Examination/Library/Laboratory fee.
(3) Purchase of books/equipments/instruments/uniforms.
(4) Caution deposit/building fund/refundable deposit supported by Institution bills/receipts.
(5) Travel expenses/passage money for studies abroad.
(6) Purchase of computers - essential for completion of the course.
(7) Insurance cover for the student.
(8) Any other expense 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 margin and the following ceilings :
Studies in India - Maximum Rs.10.00 lakh
Studies abroad - Maximum Rs.20.00 lakh.
MARGIN :
Upto Rs.4 lakh : Nil
Above Rs.4 lakh - Studies in India : 5%
Studies Abroad : 15%
(a) Scholarship could be included in margin.
(b) Margin to be brought in on year to year basis as and when disbursements are made.
SECURITY:
Upto Rs. 4 lakh : No security
Above Rs.4 lakh & upto Rs.7.5 lakh : Collateral security in the form of a suitable third party guarantee.
Above Rs.7.5 lakh : Collateral security of suitable value or at the discretion of the Bank suitable third party guarantee alongwith the assignment of future income of the student for payment of installments.
Note : The security can be in the form of land/building/Govt. Securities/Public Sector Bonds/NSC/KVP/LIP/ Banks Term Deposit etc.,in the name of Student/Parent/Guardian/Guarantor with suitable margin.
RATE OF INTEREST:
(1) Upto Rs.7.50 lacs - 1.75% below BPLR, Min. 11.00% p.a.
(2) Above Rs.7.50 lacs - 0.75% below BPLR, Min. 12.00% p.a.
(3) Simple interest during the repayment holiday/moratorium period.
(4) Penal interest @2% for loans above Rs.4 lakh for the overdue amount and overdue period.
(5) Int. Concession of 0.50%p.a. for woman beneficiaries
(6) 1% int. concession if interest is serviced during moratorium period, where repayment holiday is specified for interest/repayment under the scheme (concession available for moratorium period)
REPAYMENT:
Repayment holiday/Moratorium : Course period + 1 year or 6 months after getting job, whichever is earlier.
The loan is to be repaid in 5-7 years after commencement of repayment.
For More Details Please Visit: www.bankofindia.com/eduloans1.aspx
Sunday, November 23, 2008
Central Bank Education Loan
Central Bank Education Loan
Website: www.centralbankofindia.co.in
CENT Vidyarthi Education Loan
Objective
The scheme aims at providing financial assistance on reasonable terms :
(1) To the poor and needy to undertake basic education.
(2) To the student/employed persons to pursue higher education
Eligibility:
Studies in India :
(1) School education including plus 2 stages.
(2) Graduation courses - B.A., B.Com., B.Sc. etc
(3) Post Graduation courses - Masters & Ph.D.
(4) Professional courses - Engineering, Medical, Agriculture, Veterinary, Law,
(5) Dental, Management, Computer etc.
(6) Computer Certificate course of reputed institutions accredited to
(7) Department of Electronics or Institutions affiliated to University.
(8) Courses like ICWA, CA, CFA, etc.
(9) Courses conducted by IIM, IIT, IISc, XLRI, NIFT etc.
(10)Courses offered in India by reputed Foreign Universities.
(11) Evening courses of approved institutions.
(12) Other courses leading to Diploma/Degree etc. conducted by Colleges/Universities approved by UGC/Govt./AICTE/ICMR etc.
(13) Courses offered by National Institutes and other reputed private institutions. Any other institution courses depending on future prospects/recognition by user institutions deemed proper by the Bank.
Studies Abroad :
(1) Graduation : For job oriented professional/technical courses offered by reputed Universities.
(2) Post Graduation : MCA, MBA, MS. etc.
(3) Courses conducted by Chartered Institute of Management Accountants (CIMA) - London, Chartered Public Accountant (CPA) - USA etc.
Students Eligibility
(1) Should be an Indian National.
(2) Student should be in the age group of 16 to 40 yrs
(3) Secured admission to Professional/Technical courses through Entrance Test/Selection Process.
(4) Secured admission to Foreign University/Institutions.
Quantum of Finance
Need based finance subject to repaying capacity of the parents/students with margin and the following ceilings:
Studies in India - Maximum Rs. 7.50 lacs
Studies Abroad - Maximum Rs. 15.00 lacs
Margin
Upto Rs. 4 lacs - No margin
Above Rs. 4 Lakhs In India 5%
Security
Upto Rs.4 Lakhs: No security .Only to take co-obligation of either or both parents/guardian
Above Rs.4 Lakhs and upto Rs 7.50 Lakhs: Collateral in the form of satisfacfactory third party guarantee
Above Rs.7.50 Lakhs: Collateral security of suitable value or co-obligation of parents/ guardians/ third party along with the assignment of future income of the student for payment of installments
Abroad 15%
For More Details Please Visit: www.centralbankofindia.co.in/english/loan_vidyarthi.asp
Website: www.centralbankofindia.co.in
CENT Vidyarthi Education Loan
Objective
The scheme aims at providing financial assistance on reasonable terms :
(1) To the poor and needy to undertake basic education.
(2) To the student/employed persons to pursue higher education
Eligibility:
Studies in India :
(1) School education including plus 2 stages.
(2) Graduation courses - B.A., B.Com., B.Sc. etc
(3) Post Graduation courses - Masters & Ph.D.
(4) Professional courses - Engineering, Medical, Agriculture, Veterinary, Law,
(5) Dental, Management, Computer etc.
(6) Computer Certificate course of reputed institutions accredited to
(7) Department of Electronics or Institutions affiliated to University.
(8) Courses like ICWA, CA, CFA, etc.
(9) Courses conducted by IIM, IIT, IISc, XLRI, NIFT etc.
(10)Courses offered in India by reputed Foreign Universities.
(11) Evening courses of approved institutions.
(12) Other courses leading to Diploma/Degree etc. conducted by Colleges/Universities approved by UGC/Govt./AICTE/ICMR etc.
(13) Courses offered by National Institutes and other reputed private institutions. Any other institution courses depending on future prospects/recognition by user institutions deemed proper by the Bank.
Studies Abroad :
(1) Graduation : For job oriented professional/technical courses offered by reputed Universities.
(2) Post Graduation : MCA, MBA, MS. etc.
(3) Courses conducted by Chartered Institute of Management Accountants (CIMA) - London, Chartered Public Accountant (CPA) - USA etc.
Students Eligibility
(1) Should be an Indian National.
(2) Student should be in the age group of 16 to 40 yrs
(3) Secured admission to Professional/Technical courses through Entrance Test/Selection Process.
(4) Secured admission to Foreign University/Institutions.
Quantum of Finance
Need based finance subject to repaying capacity of the parents/students with margin and the following ceilings:
Studies in India - Maximum Rs. 7.50 lacs
Studies Abroad - Maximum Rs. 15.00 lacs
Margin
Upto Rs. 4 lacs - No margin
Above Rs. 4 Lakhs In India 5%
Security
Upto Rs.4 Lakhs: No security .Only to take co-obligation of either or both parents/guardian
Above Rs.4 Lakhs and upto Rs 7.50 Lakhs: Collateral in the form of satisfacfactory third party guarantee
Above Rs.7.50 Lakhs: Collateral security of suitable value or co-obligation of parents/ guardians/ third party along with the assignment of future income of the student for payment of installments
Abroad 15%
For More Details Please Visit: www.centralbankofindia.co.in/english/loan_vidyarthi.asp
www.uniqueinstitutes.org
Website: www.centralbankofindia.co.in
CENT Vidyarthi Education Loan
Objective
The scheme aims at providing financial assistance on reasonable terms :
(1) To the poor and needy to undertake basic education.
(2) To the student/employed persons to pursue higher education
Eligibility:
Studies in India :
(1) School education including plus 2 stages.
(2) Graduation courses - B.A., B.Com., B.Sc. etc
(3) Post Graduation courses - Masters & Ph.D.
(4) Professional courses - Engineering, Medical, Agriculture, Veterinary, Law,
(5) Dental, Management, Computer etc.
(6) Computer Certificate course of reputed institutions accredited to
(7) Department of Electronics or Institutions affiliated to University.
(8) Courses like ICWA, CA, CFA, etc.
(9) Courses conducted by IIM, IIT, IISc, XLRI, NIFT etc.
(10)Courses offered in India by reputed Foreign Universities.
(11) Evening courses of approved institutions.
(12) Other courses leading to Diploma/Degree etc. conducted by Colleges/Universities approved by UGC/Govt./AICTE/ICMR etc.
(13) Courses offered by National Institutes and other reputed private institutions. Any other institution courses depending on future prospects/recognition by user institutions deemed proper by the Bank.
Studies Abroad :
(1) Graduation : For job oriented professional/technical courses offered by reputed Universities.
(2) Post Graduation : MCA, MBA, MS. etc.
(3) Courses conducted by Chartered Institute of Management Accountants (CIMA) - London, Chartered Public Accountant (CPA) - USA etc.
Students Eligibility
(1) Should be an Indian National.
(2) Student should be in the age group of 16 to 40 yrs
(3) Secured admission to Professional/Technical courses through Entrance Test/Selection Process.
(4) Secured admission to Foreign University/Institutions.
Quantum of Finance
Need based finance subject to repaying capacity of the parents/students with margin and the following ceilings:
Studies in India - Maximum Rs. 7.50 lacs
Studies Abroad - Maximum Rs. 15.00 lacs
Margin
Upto Rs. 4 lacs - No margin
Above Rs. 4 Lakhs In India 5%
Security
Upto Rs.4 Lakhs: No security .Only to take co-obligation of either or both parents/guardian
Above Rs.4 Lakhs and upto Rs 7.50 Lakhs: Collateral in the form of satisfacfactory third party guarantee
Above Rs.7.50 Lakhs: Collateral security of suitable value or co-obligation of parents/ guardians/ third party along with the assignment of future income of the student for payment of installments
Abroad 15%
For More Details Please Visit: www.centralbankofindia.co.in/english/loan_vidyarthi.asp
Website: www.centralbankofindia.co.in
CENT Vidyarthi Education Loan
Objective
The scheme aims at providing financial assistance on reasonable terms :
(1) To the poor and needy to undertake basic education.
(2) To the student/employed persons to pursue higher education
Eligibility:
Studies in India :
(1) School education including plus 2 stages.
(2) Graduation courses - B.A., B.Com., B.Sc. etc
(3) Post Graduation courses - Masters & Ph.D.
(4) Professional courses - Engineering, Medical, Agriculture, Veterinary, Law,
(5) Dental, Management, Computer etc.
(6) Computer Certificate course of reputed institutions accredited to
(7) Department of Electronics or Institutions affiliated to University.
(8) Courses like ICWA, CA, CFA, etc.
(9) Courses conducted by IIM, IIT, IISc, XLRI, NIFT etc.
(10)Courses offered in India by reputed Foreign Universities.
(11) Evening courses of approved institutions.
(12) Other courses leading to Diploma/Degree etc. conducted by Colleges/Universities approved by UGC/Govt./AICTE/ICMR etc.
(13) Courses offered by National Institutes and other reputed private institutions. Any other institution courses depending on future prospects/recognition by user institutions deemed proper by the Bank.
Studies Abroad :
(1) Graduation : For job oriented professional/technical courses offered by reputed Universities.
(2) Post Graduation : MCA, MBA, MS. etc.
(3) Courses conducted by Chartered Institute of Management Accountants (CIMA) - London, Chartered Public Accountant (CPA) - USA etc.
Students Eligibility
(1) Should be an Indian National.
(2) Student should be in the age group of 16 to 40 yrs
(3) Secured admission to Professional/Technical courses through Entrance Test/Selection Process.
(4) Secured admission to Foreign University/Institutions.
Quantum of Finance
Need based finance subject to repaying capacity of the parents/students with margin and the following ceilings:
Studies in India - Maximum Rs. 7.50 lacs
Studies Abroad - Maximum Rs. 15.00 lacs
Margin
Upto Rs. 4 lacs - No margin
Above Rs. 4 Lakhs In India 5%
Security
Upto Rs.4 Lakhs: No security .Only to take co-obligation of either or both parents/guardian
Above Rs.4 Lakhs and upto Rs 7.50 Lakhs: Collateral in the form of satisfacfactory third party guarantee
Above Rs.7.50 Lakhs: Collateral security of suitable value or co-obligation of parents/ guardians/ third party along with the assignment of future income of the student for payment of installments
Abroad 15%
For More Details Please Visit: www.centralbankofindia.co.in/english/loan_vidyarthi.asp
www.uniqueinstitutes.org
Dena Bank Education Loan
Dena Bank Education Loan
Website: www.denabank.com
Dena Vidya Laxmi Educational Loan Scheme
Course Eligibility
Study in India:
Graduation courses, Post-Graduation courses, Masters & PhD, Professional courses.
Study Abroad:
Graduation for professional/ technical courses offered by reputed universities; Post Graduation (MCA, MBA, MS)
Loan Amount
(1) Upto Rs.10 lakhs for studies in India.
(2) Upto- Rs. 20 lakhs for studies abroad.
Margin
(1) Upto Rs. 4 lakhs - NIL for study in India and abroad.
(2) Above Rs. 4 lakhs- 5% for study in India and 15% for study abroad.
Repayment
Moratorium- Course period + 1 year or 6 months after getting a job, whichever is earlier.
Repayment period- 5-7 years after start of repayment.
For More Details Please Visit: www.denabank.com/viewsection.jsp?id=0,4,26,68
www.uniqueinstitutes.org
Website: www.denabank.com
Dena Vidya Laxmi Educational Loan Scheme
Course Eligibility
Study in India:
Graduation courses, Post-Graduation courses, Masters & PhD, Professional courses.
Study Abroad:
Graduation for professional/ technical courses offered by reputed universities; Post Graduation (MCA, MBA, MS)
Loan Amount
(1) Upto Rs.10 lakhs for studies in India.
(2) Upto- Rs. 20 lakhs for studies abroad.
Margin
(1) Upto Rs. 4 lakhs - NIL for study in India and abroad.
(2) Above Rs. 4 lakhs- 5% for study in India and 15% for study abroad.
Repayment
Moratorium- Course period + 1 year or 6 months after getting a job, whichever is earlier.
Repayment period- 5-7 years after start of repayment.
For More Details Please Visit: www.denabank.com/viewsection.jsp?id=0,4,26,68
www.uniqueinstitutes.org
Punjab National Bank Education Loan
Punjab National Bank Education Loan (EDUCATION LOAN - "VIDYALAKSHYAPURTI")
Punjab National Bank Education Loan
Website: www.pnbindia.com
EDUCATION LOAN - "VIDYALAKSHYAPURTI"
Courses:
The Scheme enables all type of needy students viz., students of +2 stage, Graduation courses – B.A., B.Com., B.Sc., etc., Post-Graduation courses, Masters in Ph.D; Professional courses, Engineering, Medical, Agriculture, Veterinary, Law, Dental, Management, Computer etc., Computer Certificate courses of reputed Institutes accredited to Department of Electronics or institutes affiliated to University; Courses like ICWA, C.A., CFA, etc., courses conducted by IIM, IIT, IISc, XLRI, NIFT, etc., Evening Courses of reputed Institutes; Diploma/Degree courses conducted by Colleges/Universities approved by UGC/Govt./AICTE/AIBMS/ICMR, etc., Courses offered by National Institutes and other reputed Private Institutes.
Student eligibility
(1) Should be an Indian National.
(2) Secured admission to Professional / Technical courses through Entrance Test / Selection process.
(3)Secured admission to foreign University / Institutions.
(4)Student should have secured pass marks in the qualifying Examination for admission to Graduation Courses.
Expenses considered for Loan
(1) Fee payable to College / School / Hostel
(2) Examination / Library / Laboratory fee.
(3) Purchase of books / equipments / instruments / uniforms.Secured admission to foreign University / Institutions.
(4) Caution Deposit / Building Fund / Refundable Deposit supported by Institution Bills / Receipts.
(5) Travel Expenses / Passage money for studies abroad.
(6) Purchase of computers - essential for completion of the Course.
(7) Boarding and lodging expenses in recognised Boarding Houses / private accomondations
(8) Any other expense 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 margin and the following ceilings :-
For studies in India: Maximum Rs.7.50 lacs.
For studies abroad: Maximum Rs.15.00 lacs.
Margin
Upto Rs.4.00 lacs: - Nil.
Above Rs.4.00 lacs:
Studies in India 5%
Studies Abroad 15%
Security:
Upto Rs.4.00 lacs: No Security.
Above Rs4 lacs and Upto Rs 7.5 lacs: 3rd party guarantee acceptable to the Bank.
Above Rs 7.5 lacs: Collateral Security of Suitable value or suitable 3rd party guarantee.
Important
The security can be in the form of land / building / Govt. Securities / Public Sector Bonds / Units of UTI, NSC, KVP, LIC Policy, Gold, Shares / Debentures, Bank Deposit in the name of the student parent / guardian or any other third party with suitable Margin.
The document should be executed by both the student and the parent/guardian.
Rate of Interest
upto Rs. 4 lacs BPLR+TERM PREMIA minus 1.25
Above Rs.4 lacs BPLR + TERM PREMIA+1%
Repayment Holiday / Moratorium
Coursee period + 1 year OR 6 months after getting job, whichever is earlier.
For More details Please Visit: www.pnbindia.com/c_vidya.htm
www.uniqueinstitutes.org
Punjab National Bank Education Loan
Website: www.pnbindia.com
EDUCATION LOAN - "VIDYALAKSHYAPURTI"
Courses:
The Scheme enables all type of needy students viz., students of +2 stage, Graduation courses – B.A., B.Com., B.Sc., etc., Post-Graduation courses, Masters in Ph.D; Professional courses, Engineering, Medical, Agriculture, Veterinary, Law, Dental, Management, Computer etc., Computer Certificate courses of reputed Institutes accredited to Department of Electronics or institutes affiliated to University; Courses like ICWA, C.A., CFA, etc., courses conducted by IIM, IIT, IISc, XLRI, NIFT, etc., Evening Courses of reputed Institutes; Diploma/Degree courses conducted by Colleges/Universities approved by UGC/Govt./AICTE/AIBMS/ICMR, etc., Courses offered by National Institutes and other reputed Private Institutes.
Student eligibility
(1) Should be an Indian National.
(2) Secured admission to Professional / Technical courses through Entrance Test / Selection process.
(3)Secured admission to foreign University / Institutions.
(4)Student should have secured pass marks in the qualifying Examination for admission to Graduation Courses.
Expenses considered for Loan
(1) Fee payable to College / School / Hostel
(2) Examination / Library / Laboratory fee.
(3) Purchase of books / equipments / instruments / uniforms.Secured admission to foreign University / Institutions.
(4) Caution Deposit / Building Fund / Refundable Deposit supported by Institution Bills / Receipts.
(5) Travel Expenses / Passage money for studies abroad.
(6) Purchase of computers - essential for completion of the Course.
(7) Boarding and lodging expenses in recognised Boarding Houses / private accomondations
(8) Any other expense 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 margin and the following ceilings :-
For studies in India: Maximum Rs.7.50 lacs.
For studies abroad: Maximum Rs.15.00 lacs.
Margin
Upto Rs.4.00 lacs: - Nil.
Above Rs.4.00 lacs:
Studies in India 5%
Studies Abroad 15%
Security:
Upto Rs.4.00 lacs: No Security.
Above Rs4 lacs and Upto Rs 7.5 lacs: 3rd party guarantee acceptable to the Bank.
Above Rs 7.5 lacs: Collateral Security of Suitable value or suitable 3rd party guarantee.
Important
The security can be in the form of land / building / Govt. Securities / Public Sector Bonds / Units of UTI, NSC, KVP, LIC Policy, Gold, Shares / Debentures, Bank Deposit in the name of the student parent / guardian or any other third party with suitable Margin.
The document should be executed by both the student and the parent/guardian.
Rate of Interest
upto Rs. 4 lacs BPLR+TERM PREMIA minus 1.25
Above Rs.4 lacs BPLR + TERM PREMIA+1%
Repayment Holiday / Moratorium
Coursee period + 1 year OR 6 months after getting job, whichever is earlier.
For More details Please Visit: www.pnbindia.com/c_vidya.htm
www.uniqueinstitutes.org
State Bank Of India Education Loan
State Bank Of India Education Loan
Website: www.statebankofindia.com
Eligible Courses
All courses having employment prospects are eligible.
(1) Graduation courses/ Post graduation courses/ Professional courses
(2) Other courses approved by UGC/Government/AICTE etc.
Expenses considered for loan
(1) Fees payable to college/school/hostel
(2) Examination/Library/Laboratory fees
(3) Purchase of Books/Equipment/Instruments/Uniforms
(4) Caution Deposit/Building Fund/Refundable Deposit (maximum 10% tution fees for the entire course)
(5) Travel Expenses/Passage money for studies abroad
(6) Purchase of computers considered necessary for completion of course
(7) Cost of a Two-wheeler upto Rs. 50,000/-
Any other expenses required to complete the course like study tours, project work etc.
Amount of Loan
(1) For studies in India, maximum Rs. 10 lacs
(2) Studies abroad, maximum Rs. 20 lacs
Interest Rates
(1) For loans up to Rs.4 lacs - 12.25% p.a. Floating
(2) For loans above Rs.4 lacs - 13.25% p.a. Floating
Security :
Upto Rs 4 lacs no security. Above Rs. 4lacs : collateral security equal to 100% of loan amount or guarantee of third person known to the bank and good for the loan amout.
Margin
(1) For loans up to Rs.4.0 lacs : No Margin
(2) For loans above Rs.4.0 lacs:
(a) Studies in India: 5%
(b) Studies Abroad: 15%
Repayment :
Repayment holiday/Moratorium: Course period + 1 year 0r 6 months after getting job/starts earning, whichever is earlier. The loan to be repaid in 5-7 years after commencement of repayment
For More Details Please Visit: www.statebankofindia.com/viewsection.jsp?id=0,1,20,118
Website: www.statebankofindia.com
Eligible Courses
All courses having employment prospects are eligible.
(1) Graduation courses/ Post graduation courses/ Professional courses
(2) Other courses approved by UGC/Government/AICTE etc.
Expenses considered for loan
(1) Fees payable to college/school/hostel
(2) Examination/Library/Laboratory fees
(3) Purchase of Books/Equipment/Instruments/Uniforms
(4) Caution Deposit/Building Fund/Refundable Deposit (maximum 10% tution fees for the entire course)
(5) Travel Expenses/Passage money for studies abroad
(6) Purchase of computers considered necessary for completion of course
(7) Cost of a Two-wheeler upto Rs. 50,000/-
Any other expenses required to complete the course like study tours, project work etc.
Amount of Loan
(1) For studies in India, maximum Rs. 10 lacs
(2) Studies abroad, maximum Rs. 20 lacs
Interest Rates
(1) For loans up to Rs.4 lacs - 12.25% p.a. Floating
(2) For loans above Rs.4 lacs - 13.25% p.a. Floating
Security :
Upto Rs 4 lacs no security. Above Rs. 4lacs : collateral security equal to 100% of loan amount or guarantee of third person known to the bank and good for the loan amout.
Margin
(1) For loans up to Rs.4.0 lacs : No Margin
(2) For loans above Rs.4.0 lacs:
(a) Studies in India: 5%
(b) Studies Abroad: 15%
Repayment :
Repayment holiday/Moratorium: Course period + 1 year 0r 6 months after getting job/starts earning, whichever is earlier. The loan to be repaid in 5-7 years after commencement of repayment
For More Details Please Visit: www.statebankofindia.com/viewsection.jsp?id=0,1,20,118
State Bank of Hyderabad Education Loan
State Bank of Hyderabad Education Loan
Website: www.sbhyd.com
Purpose
To consider second loan to students for prosecuting Higher Studies in India & Abroad
Eligibility
To students who have already availed education loan and prosecuting for higher studies. Financing will be considered within 1 year of completing the course already financed.
Amount of finance
Combined limit should not exceed Rs.7.50 lacs for studies in India & Rs. 15 lacs in Abroad
Margin money
As per the original scheme on the combined limit
Repayment Period
5 to 7 years repayment period after completion of higher education.
Processing charges
-- NIL --
For More Details Please Visit: www.sbhyd.com/advances_eduloanplus.asp
Website: www.sbhyd.com
Purpose
To consider second loan to students for prosecuting Higher Studies in India & Abroad
Eligibility
To students who have already availed education loan and prosecuting for higher studies. Financing will be considered within 1 year of completing the course already financed.
Amount of finance
Combined limit should not exceed Rs.7.50 lacs for studies in India & Rs. 15 lacs in Abroad
Margin money
As per the original scheme on the combined limit
Repayment Period
5 to 7 years repayment period after completion of higher education.
Processing charges
-- NIL --
For More Details Please Visit: www.sbhyd.com/advances_eduloanplus.asp
Syndicate Bank Education Loan
Syndicate Bank Education Loan
Website: www.syndicatebank.in
"SyndVidya" A SyndicateBank's Education Loan Scheme
Eligibility Criteria
(1) Any student who is a major representing himself or a minor student represented by parent or guardian of Indian nationality.
(2) Must have secured admission on the basis of merit to professional/ technical/other courses through entrance test/selection process.
(3) Must have secured admission to foreign university/institution (for studies abroad).
Courses Eligible
a) Studies in India.
(a) School education including plus 2 stage.
(b) Graduation: B.A., B.Com, B.Sc., etc.
(c) Post graduation: Masters & Ph.d.
(d) Professional courses: Engineering, Medical, Agriculture, Veterinary, Law, Dental Management, Computer etc. in respect of Management studies, apart from university affiliation course should also be approved by All India Council for Technical Education. For Computer education, the recognised training institute should have accreditation of DOE, Govt of India to conduct the course under Department of Electronics.
(e) Computer certificate courses of reputed institutes accredited to Department of Electronics or Institutes affiliated to Universities.
(f) Courses like ICWA, CA, CFA etc.
(g) Courses conducted by IIM, IIT, IISc, XLRI, NIFT etc.
(h) Courses offered in India by reputed foreign universities.
(i) Evening courses of approved institutes.
(j) Other courses leading to diploma / degree etc. conducted by colleges / universities approved by UGC / Govt AICTE / AIBMS / ICMR etc.
(k) Courses offered by National Institutes and other reputed private institutions acceptable to the Bank.
b) Studies abroad.
(a) Graduation : For job oriented professional/technical courses offered by reputed universities.
(b) Post Graduation: MCA, MBA, MS. Etc.
(c) Courses conducted by CIMA-London, CPA in USA etc.
(d) Foreign Diploma courses are not eligible.
Student Eligibility
(a) Should be an Indian National.
(b) Secured admission on the basis of merit to professional/technical courses through Entrance Test/Selection process.
(c) Secured admission to foreigh university / institutions.
(d) The student who is a major representing himself or a minor student represented by parent or guardian.
Quantum of Loan
(1) Need based finance to meet expenses such as fee payable to college / school / hostel, examination fee, cost of books, travel / passage fare for studies abroad etc.
(2) Capitation fee / donation / external coaching fee are not eligible for finance.
(3) Maximum of Rs.7.50 lac for studies in India and Rs.15 lac for studies abroad.
Margin
(1) For loans upto Rs.4 lac - No Margin required.
(2) For loans above Rs.4 lac - 5% for study in India and 15% for study abroad.
Security
(1) For loans upto Rs.4 lac - NIL.
(2) For loans above Rs.4 lac and upto Rs.7.50 lac - Collateral in the form of satisfactory third party guarantee acceptable to the Bank.
(3) For loans above Rs.7.50 lac - Collateral security equal to 100% of the loan amount with suitable margin and a third party guarantee acceptable to the Bank.
Interest w.e.f. 01.10.2004
For loans upto Rs.7.50 lakhs - 10.00 %.
For loans above Rs.7.50 lakhs - 9.50 %.
Repayment
In 5 to 7 years commencing one year after completion of the course or 6 months after securing the job whichever is earlier.
For More Details Please Visit: www.syndicatebank.in/scripts/SyndVidya.aspx
Website: www.syndicatebank.in
"SyndVidya" A SyndicateBank's Education Loan Scheme
Eligibility Criteria
(1) Any student who is a major representing himself or a minor student represented by parent or guardian of Indian nationality.
(2) Must have secured admission on the basis of merit to professional/ technical/other courses through entrance test/selection process.
(3) Must have secured admission to foreign university/institution (for studies abroad).
Courses Eligible
a) Studies in India.
(a) School education including plus 2 stage.
(b) Graduation: B.A., B.Com, B.Sc., etc.
(c) Post graduation: Masters & Ph.d.
(d) Professional courses: Engineering, Medical, Agriculture, Veterinary, Law, Dental Management, Computer etc. in respect of Management studies, apart from university affiliation course should also be approved by All India Council for Technical Education. For Computer education, the recognised training institute should have accreditation of DOE, Govt of India to conduct the course under Department of Electronics.
(e) Computer certificate courses of reputed institutes accredited to Department of Electronics or Institutes affiliated to Universities.
(f) Courses like ICWA, CA, CFA etc.
(g) Courses conducted by IIM, IIT, IISc, XLRI, NIFT etc.
(h) Courses offered in India by reputed foreign universities.
(i) Evening courses of approved institutes.
(j) Other courses leading to diploma / degree etc. conducted by colleges / universities approved by UGC / Govt AICTE / AIBMS / ICMR etc.
(k) Courses offered by National Institutes and other reputed private institutions acceptable to the Bank.
b) Studies abroad.
(a) Graduation : For job oriented professional/technical courses offered by reputed universities.
(b) Post Graduation: MCA, MBA, MS. Etc.
(c) Courses conducted by CIMA-London, CPA in USA etc.
(d) Foreign Diploma courses are not eligible.
Student Eligibility
(a) Should be an Indian National.
(b) Secured admission on the basis of merit to professional/technical courses through Entrance Test/Selection process.
(c) Secured admission to foreigh university / institutions.
(d) The student who is a major representing himself or a minor student represented by parent or guardian.
Quantum of Loan
(1) Need based finance to meet expenses such as fee payable to college / school / hostel, examination fee, cost of books, travel / passage fare for studies abroad etc.
(2) Capitation fee / donation / external coaching fee are not eligible for finance.
(3) Maximum of Rs.7.50 lac for studies in India and Rs.15 lac for studies abroad.
Margin
(1) For loans upto Rs.4 lac - No Margin required.
(2) For loans above Rs.4 lac - 5% for study in India and 15% for study abroad.
Security
(1) For loans upto Rs.4 lac - NIL.
(2) For loans above Rs.4 lac and upto Rs.7.50 lac - Collateral in the form of satisfactory third party guarantee acceptable to the Bank.
(3) For loans above Rs.7.50 lac - Collateral security equal to 100% of the loan amount with suitable margin and a third party guarantee acceptable to the Bank.
Interest w.e.f. 01.10.2004
For loans upto Rs.7.50 lakhs - 10.00 %.
For loans above Rs.7.50 lakhs - 9.50 %.
Repayment
In 5 to 7 years commencing one year after completion of the course or 6 months after securing the job whichever is earlier.
For More Details Please Visit: www.syndicatebank.in/scripts/SyndVidya.aspx
Union Education loan scheme
Union Education loan scheme
OBJECTIVE & PURPOSE
The scheme aims at providing financial assistance on reasonable terms:
(1) To the poor and needy students that they may undertake basic education
(2) To meritorious students that they may pursue higher or professional or technical education
ELIGIBILITY
The student applying for UNION EDUCATION Loan ought to:
(1) Be an Indian National
(2) Has secured admission to professional or technical courses through an appropriate Entrance Test or selection process
(3) Has secured admission to a foreign University
(4) Has passed an appropriate qualifying examination
1. Studies in India
(a) School education up to +2
(b) Graduation/Post-Graduation
(c) Professional course
(d) Management course
(e) Special Education Loan Scheme for Students pursuing courses from approved institutions like IITs/IIMs/ /NIT XLRI/BITS/VIT/IISc/S.P. Jain Institute Of Management/Symbiosis Institute Of Management and T.S. Chanakya, Navi Mumbai- Nautical Science and MERI, Calcutta, Marine Engineering, MERI, Mumbai, Maritime Science.
2. Studies Abroad :
(a) Graduation: For job-oriented professional or technical courses offered by reputed universities
(b) Post-Graduation: MCA, MBA, MS and such other courses
(c) Courses conducted by CIMA, London, CPA, USA., and such other institution
PURPOSE
(1) To the poor and needy students to undertake basic education
(2) To meritorious students to pursue higher or professional or technical education
CONDITIONS
(1) The Parent/Guardian of the student who is availing loan from our bank shall be made co-obligator/joint borrower irrespective of the age of such students.
(2) The Loan Accounts of students applying through college/institutions will be sanctioned/disbursed at the branch nearest to permanent residence/place of domicile of the borrower student.
(3) Loan will be disbursed directly to the college/institute.
(4) Student to produce mark list of previous term/semester before availing next installment.
(5) Student /Parent to provide latest mailing address before availing next installment.
(6) In case of parents with transferable job, new address to be provided before availing installments.
QUANTUM OF LOAN
Need-based finance subject to repayment capacity of the parent or student with margin and upto the following ceilings
For studies in India - Up to Rs. 10 lacs
For studies abroad - Up to Rs. 20 lacs\
MARGIN
No margin for loans up to Rs. 4.00 lacs . However, for loan of higher amounts, the margin requirement is 5% for inland studies and 15% for studies abroad.
Scholarship/assistance to be included in margin.
Margin maybe brought in on pro-rata basis as and when disbursement is made.
REPAYMENT
Repayment holiday or Moratorium on loan: Course period + 1 year OR 6 months after job placement, whichever is earlier.
Starting from this point, the loan is to be repaid in 5-7 years after completion of course period/moratorium.
For More Details Please Visit: www.unionbankofindia.co.in/ln_union_education.aspx
OBJECTIVE & PURPOSE
The scheme aims at providing financial assistance on reasonable terms:
(1) To the poor and needy students that they may undertake basic education
(2) To meritorious students that they may pursue higher or professional or technical education
ELIGIBILITY
The student applying for UNION EDUCATION Loan ought to:
(1) Be an Indian National
(2) Has secured admission to professional or technical courses through an appropriate Entrance Test or selection process
(3) Has secured admission to a foreign University
(4) Has passed an appropriate qualifying examination
1. Studies in India
(a) School education up to +2
(b) Graduation/Post-Graduation
(c) Professional course
(d) Management course
(e) Special Education Loan Scheme for Students pursuing courses from approved institutions like IITs/IIMs/ /NIT XLRI/BITS/VIT/IISc/S.P. Jain Institute Of Management/Symbiosis Institute Of Management and T.S. Chanakya, Navi Mumbai- Nautical Science and MERI, Calcutta, Marine Engineering, MERI, Mumbai, Maritime Science.
2. Studies Abroad :
(a) Graduation: For job-oriented professional or technical courses offered by reputed universities
(b) Post-Graduation: MCA, MBA, MS and such other courses
(c) Courses conducted by CIMA, London, CPA, USA., and such other institution
PURPOSE
(1) To the poor and needy students to undertake basic education
(2) To meritorious students to pursue higher or professional or technical education
CONDITIONS
(1) The Parent/Guardian of the student who is availing loan from our bank shall be made co-obligator/joint borrower irrespective of the age of such students.
(2) The Loan Accounts of students applying through college/institutions will be sanctioned/disbursed at the branch nearest to permanent residence/place of domicile of the borrower student.
(3) Loan will be disbursed directly to the college/institute.
(4) Student to produce mark list of previous term/semester before availing next installment.
(5) Student /Parent to provide latest mailing address before availing next installment.
(6) In case of parents with transferable job, new address to be provided before availing installments.
QUANTUM OF LOAN
Need-based finance subject to repayment capacity of the parent or student with margin and upto the following ceilings
For studies in India - Up to Rs. 10 lacs
For studies abroad - Up to Rs. 20 lacs\
MARGIN
No margin for loans up to Rs. 4.00 lacs . However, for loan of higher amounts, the margin requirement is 5% for inland studies and 15% for studies abroad.
Scholarship/assistance to be included in margin.
Margin maybe brought in on pro-rata basis as and when disbursement is made.
REPAYMENT
Repayment holiday or Moratorium on loan: Course period + 1 year OR 6 months after job placement, whichever is earlier.
Starting from this point, the loan is to be repaid in 5-7 years after completion of course period/moratorium.
For More Details Please Visit: www.unionbankofindia.co.in/ln_union_education.aspx
Bank of Baroda Education Loan
Bank of Baroda Education Loan
Website: www.bankofbaroda.com
Following are the loan options available:
(1) Baroda Vidya
(2) Baroda Gyan
(3) Baroda Scholar
(1) Baroda Vidya
Eligibility :
(A) Should be an Indian national residing in India.
(B) Student should have secured admission to a recognized school / Highschool / Jr. College (including CBSE / ICSE / State Board) for any of the following courses
1. Stage I : Nursery to V th STD.
2. Stage II : VI th to VIII STD.
3. Stage III : IX th to XII th STD.
Maximum Loan Amount : Rs.4.00 Lacs
Repayment Period :
Loan for each yearly sub limit is repayable in 12 equal monthly instalments. First instalment to be due 12 months after first disbursement of each year's loan component.
The parents must be residing in the place for a minimum period of -3- years, except in the case of transferable job.
Security :
In case the loan is given for purchase of computer the same is to be hypothecated to the bank.
For More Details Please CLICK HERE
(2) Baroda Gyan
Courses Eligible :
(a) All Graduation courses.
(b) All Post Graduation courses & Doctorate courses.
(c) Professional Courses viz. Engineering, Medical, Agriculture, Veterinary, Law, Dental, Management, Computer, Ayurved, Homeopathy, Physiotherapy, Hotel Management, Hospital Management, Interior Designing, Architecture, Event Management, Mass Communication, Fashion Technology, etc.
(d) Computer certificate courses of reputed institutes accredited to Dept. of Electronics or institutes affiliated to Universities.
(e) Courses like C.A, ICWA, CFA, CS, etc.
(f) Courses offered in India by reputed foreign Universities.
(g) Evening courses of institutes approved by State/Central/Govt./UGC/AICTE/AIBMS/ICMR/ICAR.
(h) Courses offered by National Institutes and other reputed private institutions. The College/Institute must have been approved by the State/Central Govt./UGC/AICTE,etc.
Student Eligiblity :
(1) Should be Resident Indian.
(2) Secured admission to either of above courses
Maximum Loan Amount : Rs.7.50 Lacs.
Margin :
Upto Rs. 4.00 lacs :- NIL
Above Rs. 4.00 lacs :- 5%
Margin is to be contributed on pro rata basis on year to year basis as and when disbursements are availed.
Repayment Period :
The loan is repayable in 5-7 years after the above period.
Security :
Upto Rs.4 lacs : No security
Above Rs. 4 lacs : Collateral in the form of a suitable third party guarantee alongwith assignment of future income.
For More Details Please CLICK HERE
(3) Baroda Scholar
Eligiblity of Courses :
Graduate/Post Graduate / Doctorate / Job Oriented Professional / Technical Courses offered by reputed Universities overseas.
Maximum amount of loan :
Graduation & Other Courses up to 3 years duration : Rs.10 Lacs
Post graduation and other advanced studies : Rs.15 Lacs
Margin : 15% Repayment Period :
Security :
Upto Rs.4.00/- lacs : No security
Above Rs. 4.00/- lacs upto Rs. 7.5 lacs : Collateral in the form of a suitable third party guarantee.
Above Rs. 7.5 lacs : Collateral security equal to 100% of loan amount.
For More Details Please CLICK HERE
For All Details Of Education Loan Of Bank Of Baroda Please Visit: www.bankofbaroda.com/PFS/eduloans.asp
Website: www.bankofbaroda.com
Following are the loan options available:
(1) Baroda Vidya
(2) Baroda Gyan
(3) Baroda Scholar
(1) Baroda Vidya
Eligibility :
(A) Should be an Indian national residing in India.
(B) Student should have secured admission to a recognized school / Highschool / Jr. College (including CBSE / ICSE / State Board) for any of the following courses
1. Stage I : Nursery to V th STD.
2. Stage II : VI th to VIII STD.
3. Stage III : IX th to XII th STD.
Maximum Loan Amount : Rs.4.00 Lacs
Repayment Period :
Loan for each yearly sub limit is repayable in 12 equal monthly instalments. First instalment to be due 12 months after first disbursement of each year's loan component.
The parents must be residing in the place for a minimum period of -3- years, except in the case of transferable job.
Security :
In case the loan is given for purchase of computer the same is to be hypothecated to the bank.
For More Details Please CLICK HERE
(2) Baroda Gyan
Courses Eligible :
(a) All Graduation courses.
(b) All Post Graduation courses & Doctorate courses.
(c) Professional Courses viz. Engineering, Medical, Agriculture, Veterinary, Law, Dental, Management, Computer, Ayurved, Homeopathy, Physiotherapy, Hotel Management, Hospital Management, Interior Designing, Architecture, Event Management, Mass Communication, Fashion Technology, etc.
(d) Computer certificate courses of reputed institutes accredited to Dept. of Electronics or institutes affiliated to Universities.
(e) Courses like C.A, ICWA, CFA, CS, etc.
(f) Courses offered in India by reputed foreign Universities.
(g) Evening courses of institutes approved by State/Central/Govt./UGC/AICTE/AIBMS/ICMR/ICAR.
(h) Courses offered by National Institutes and other reputed private institutions. The College/Institute must have been approved by the State/Central Govt./UGC/AICTE,etc.
Student Eligiblity :
(1) Should be Resident Indian.
(2) Secured admission to either of above courses
Maximum Loan Amount : Rs.7.50 Lacs.
Margin :
Upto Rs. 4.00 lacs :- NIL
Above Rs. 4.00 lacs :- 5%
Margin is to be contributed on pro rata basis on year to year basis as and when disbursements are availed.
Repayment Period :
The loan is repayable in 5-7 years after the above period.
Security :
Upto Rs.4 lacs : No security
Above Rs. 4 lacs : Collateral in the form of a suitable third party guarantee alongwith assignment of future income.
For More Details Please CLICK HERE
(3) Baroda Scholar
Eligiblity of Courses :
Graduate/Post Graduate / Doctorate / Job Oriented Professional / Technical Courses offered by reputed Universities overseas.
Maximum amount of loan :
Graduation & Other Courses up to 3 years duration : Rs.10 Lacs
Post graduation and other advanced studies : Rs.15 Lacs
Margin : 15% Repayment Period :
Security :
Upto Rs.4.00/- lacs : No security
Above Rs. 4.00/- lacs upto Rs. 7.5 lacs : Collateral in the form of a suitable third party guarantee.
Above Rs. 7.5 lacs : Collateral security equal to 100% of loan amount.
For More Details Please CLICK HERE
For All Details Of Education Loan Of Bank Of Baroda Please Visit: www.bankofbaroda.com/PFS/eduloans.asp
Allahabad Bank Education Loan
Allahabad Bank Education Loan
Website: www.allahabadbank.com
Eligibility Criteria:
(1) Student eligibility:
(a) Student be an Indian National
(b) Secured admission to professional/ technical courses in India or Abroad through Entrance Test / Merit based Selection process.
(2) Courses Eligible:
Studies in India
(a) Graduation Courses- B.A, B.COM, B.Sc. etc.
(b) Post Graduation Courses: Masters Courses, Ph D, etc.
(c) Professional Courses: Engineering, Medical, Agriculture, Veterinary, Law, Dental, Management, Computeretc.
(d) Computer Certificate Courses of reputed Institutes accredited to Department of Electronics or Institutes affiliated to University.
(e) Courses like- ICWA, CA, CFA etc.
(f) Courses conducted by IIM, IIT, IISc, XLRI, NIFT etc.
(g) Regular Degree/ Diploma courses like Aeronautical, pilot training, shipping etc., approved by Director General of Civil Aviation/ Shipping, if the course pursued abroad, the Institute should be recognised by the competent local aviation/ shipping authority.
(h) Courses offered in India by reputed foreign universities.
(i) Evening Courses of approved Institutes.
(j) Other Courses leading to diploma/degree etc conducted by the Colleges/ Universities approved by UGC/Govt/AICTE/AIBMS/ICMR etc.
Studies Abroad:
(a) Graduation: For Job oriented professional/technical courses offered by reputed Universities.
(b) Post Graduation: MCA, MBA, MS etc.
(c) Courses conducted by CIMA London, CPA in USA etc.
(d) Regular Degree/ Diploma courses like Aeronautical, pilot training, shipping etc., the Institute should be recognised by the competent local aviation/ shipping authority.
Quantum of Loan:
Need based finance subject to repaying capacity of the parents / students with following ceilings:
Studies in India: Maximum Rs 10.00 lacs
Studies abroad: Maximum Rs. 20.00 lacs.
Margin
For loan upto Rs 4.00 lacs: NIL
For loan above Rs 4.00 lacs:
(i) Studies in India: 5%
(ii) Studies abroad: 15%
* Scholarship / Assistantship to be included in Margin.
* Margin Money to be brought on year-to-year basis and disbursements are made on a pro-rata basis.
Application of Interest:
Simple interest during moratorium period.
Service interest during moratorium period regularly and avail a special discount of 1.00% in interest rate.
Repayment:
Repayment Holiday / Moratorium is Course Period + 1 year or 6 months after getting job, whichever is earlier.
Loan to be repaid within a maximum period of 7 years after commencement of repayment
Security:
For loan upto Rs 4.00 lacs: Co-obligation* of parents/ guardian. No security
For loan above Rs 4.00 lacs and upto Rs 7.50 lacs: Co-obligation* of parents/ guardian together with collateral security in the form of suitable third party guarantee.
For loan above Rs 7.50 lacs: Co-obligation* of parents/ guardian together with tangible collateral security of suitable value covering full loan amount, alongwith the assignment of future income of the student for payment of installments.
*(The loan documents would be executed by both the student and the parent/ guardian as joint-borrower i.e. co-obligator. The co-obligator should be parent / guardian of the student borrower. In case of married person, co-obligator can be either spouse or the parent(s)/ parents-in-law.)
For More Details Please Visit: www.allahabadbank.com/education.asp
Website: www.allahabadbank.com
Eligibility Criteria:
(1) Student eligibility:
(a) Student be an Indian National
(b) Secured admission to professional/ technical courses in India or Abroad through Entrance Test / Merit based Selection process.
(2) Courses Eligible:
Studies in India
(a) Graduation Courses- B.A, B.COM, B.Sc. etc.
(b) Post Graduation Courses: Masters Courses, Ph D, etc.
(c) Professional Courses: Engineering, Medical, Agriculture, Veterinary, Law, Dental, Management, Computeretc.
(d) Computer Certificate Courses of reputed Institutes accredited to Department of Electronics or Institutes affiliated to University.
(e) Courses like- ICWA, CA, CFA etc.
(f) Courses conducted by IIM, IIT, IISc, XLRI, NIFT etc.
(g) Regular Degree/ Diploma courses like Aeronautical, pilot training, shipping etc., approved by Director General of Civil Aviation/ Shipping, if the course pursued abroad, the Institute should be recognised by the competent local aviation/ shipping authority.
(h) Courses offered in India by reputed foreign universities.
(i) Evening Courses of approved Institutes.
(j) Other Courses leading to diploma/degree etc conducted by the Colleges/ Universities approved by UGC/Govt/AICTE/AIBMS/ICMR etc.
Studies Abroad:
(a) Graduation: For Job oriented professional/technical courses offered by reputed Universities.
(b) Post Graduation: MCA, MBA, MS etc.
(c) Courses conducted by CIMA London, CPA in USA etc.
(d) Regular Degree/ Diploma courses like Aeronautical, pilot training, shipping etc., the Institute should be recognised by the competent local aviation/ shipping authority.
Quantum of Loan:
Need based finance subject to repaying capacity of the parents / students with following ceilings:
Studies in India: Maximum Rs 10.00 lacs
Studies abroad: Maximum Rs. 20.00 lacs.
Margin
For loan upto Rs 4.00 lacs: NIL
For loan above Rs 4.00 lacs:
(i) Studies in India: 5%
(ii) Studies abroad: 15%
* Scholarship / Assistantship to be included in Margin.
* Margin Money to be brought on year-to-year basis and disbursements are made on a pro-rata basis.
Application of Interest:
Simple interest during moratorium period.
Service interest during moratorium period regularly and avail a special discount of 1.00% in interest rate.
Repayment:
Repayment Holiday / Moratorium is Course Period + 1 year or 6 months after getting job, whichever is earlier.
Loan to be repaid within a maximum period of 7 years after commencement of repayment
Security:
For loan upto Rs 4.00 lacs: Co-obligation* of parents/ guardian. No security
For loan above Rs 4.00 lacs and upto Rs 7.50 lacs: Co-obligation* of parents/ guardian together with collateral security in the form of suitable third party guarantee.
For loan above Rs 7.50 lacs: Co-obligation* of parents/ guardian together with tangible collateral security of suitable value covering full loan amount, alongwith the assignment of future income of the student for payment of installments.
*(The loan documents would be executed by both the student and the parent/ guardian as joint-borrower i.e. co-obligator. The co-obligator should be parent / guardian of the student borrower. In case of married person, co-obligator can be either spouse or the parent(s)/ parents-in-law.)
For More Details Please Visit: www.allahabadbank.com/education.asp
MAHATMA GANDHI POSTGRADUATE INSTITUTE OF DENTAL SCIENCES(MGPGI
MAHATMA GANDHI POSTGRADUATE INSTITUTE OF DENTAL SCIENCES(MGPGI)
GOVT. OF PUDUCHERRY INSTN. PUDUCHERRY - 605 006
Ph: 0413-2279601 to 2279606 & 2278124.
Fax: 0413-2278124 & 0413-2277255
ADMISSION NOTIFICATION – POSTGRADUATE (MDS) COURSES
POST GRADUATE DENTAL ENTRANCE EXAMINATION (PGDEE) – 2009
PUDUCHERRY DOMICILES QUOTA & NRI/NRI SPONSORED/FOREIGN STUDENT QUOTA
Applications in the prescribed form are invited from Puducherry Domiciles and NRI/NRI Sponsored/Foreign students for admission to I MDS (Postgraduate) Courses through POST GRADUATE DENTAL ENTRANCE EXAMINATION – 2009, in MAHATMA GANDHI POSTGRADUATE INSTITUTE OF DENTAL SCIENCES, PUDUCHERRY for the academic year 2009-2010 in the following Categories:
Category------- No. of Seats
Puducherry Domiciles/Residents (General – 2 & OBC –1)
Specialty
Oral Pathology and Microbiology 1
Oral & Maxillofacial Surgery 1
Oral Medicine & Radiology 1
NRI/NRI Sponsored/Foreign students
Specialty
Prosthodontics 1
Eligibility Criteria: Candidates who are completing their Internship not later than 31.03.2009 are eligible to apply. Candidates seeking admission under Puducherry Domiciles Category should be an Indian National and a domicile/resident of Puducherry.
PGDEE-2009: Candidates seeking admission to I MDS Course for the academic year 2009-10 should appear in the Post Graduate Dental Entrance Examination (PGDEE – 2009), on 18.01.2009. Post Graduate Dental Entrance Examination shall be held at MAHATMA GANDHI POSTGRADUATE INSTITUTE OF DENTAL SCIENCES, PUDUCHERRY-605 006. (Only One Centre)
Admission Procedure: Admission to I MDS Course is based on the marks obtained in the PGDEE-2009 only. A separate merit list will be prepared for the candidates appearing under NRI/NRI Sponsored/Foreign Students quota.
Application Procedure:
Cost of Application and Information Bulletin
1. For Puducherry Domiciles:
A) General/MBC/OBC Category
i) In person : Rs. 1500/- ii) By post : Rs. 1550/-
B) SC Category
i) In person : Rs. 450/- ii) By post : Rs. 500/-
2. For NRI/NRI Sponsored/Foreign students
i) In person : Rs. 3000/- (in Indian rupees) or equivalent in US dollars
ii) By Post : Rs. 3200/- (in Indian rupees) or equivalent in US dollars
Application forms along with Information Bulletin may be obtained from the OFFICE OF THE DIRECTOR, MAHATMA GANDHI POSTGRADUATE INSTITUTE OF DENTAL SCIENCES, Gorimedu, Puducherry-605006 or SBI Branch, Mahatma Gandhi Postgraduate Institute of Dental Sciences campus or SBI Main Branch, Puducherry in person or by enclosing a crossed Demand Draft drawn in any Nationalised Banks in favour of the DIRECTOR, MAHATMA GANDHI POSTGRADUATE INSTITUTE OF DENTAL SCIENCES, payable at Puducherry along with a requisition letter. Money Orders/Postal Orders/cheques etc. will not be accepted. The candidates may also apply in the application form downloadable at mgpgi.puducherry.gov.in together with the prescribed fee by Demand Draft only in the name of the DIRECTOR, MAHATMA GANDHI POSTGRADUATE INSTITUTE OF DENTAL SCIENCES, payable at Puducherry
For detailed information, please refer the Information Bulletin.
The application form duly filled in with all enclosures (Attested copies of certificates) should reach the DIRECTOR, MAHATMA GANDHI POSTGRADUATE INSTITUTE OF DENTAL SCIENCES, Gorimedu, PUDUCHERRY– 605 006 on or before 27.12.2008 by 12.30 P.M.
Applications which are incomplete, defective or received after the due date and time shall be rejected summarily and no correspondence will be entertained in this regard. This Institution shall not be responsible for any postal delay or loss in transit.
IMPORTANT DATES
1. Commencement of issue of application & information bulletin – 28.11.2008.
2. Last date for issue of application & information bulletin – 27.12.2008 (11.00 A.M).
3. Last date for receipt of filled in Application – 27.12.2008 (12.30 P.M).
4. Date of Post Graduate Dental Entrance Examination - 2009 – 18.01.2009. (PGDEE) (9.00 A.M. to 12.00 Noon).
(By order, Chief Secretary to Govt. & Chairman, Board of Governors)
For more details visit: http://mgpgi.puducherry.gov.in/
GOVT. OF PUDUCHERRY INSTN. PUDUCHERRY - 605 006
Ph: 0413-2279601 to 2279606 & 2278124.
Fax: 0413-2278124 & 0413-2277255
ADMISSION NOTIFICATION – POSTGRADUATE (MDS) COURSES
POST GRADUATE DENTAL ENTRANCE EXAMINATION (PGDEE) – 2009
PUDUCHERRY DOMICILES QUOTA & NRI/NRI SPONSORED/FOREIGN STUDENT QUOTA
Applications in the prescribed form are invited from Puducherry Domiciles and NRI/NRI Sponsored/Foreign students for admission to I MDS (Postgraduate) Courses through POST GRADUATE DENTAL ENTRANCE EXAMINATION – 2009, in MAHATMA GANDHI POSTGRADUATE INSTITUTE OF DENTAL SCIENCES, PUDUCHERRY for the academic year 2009-2010 in the following Categories:
Category------- No. of Seats
Puducherry Domiciles/Residents (General – 2 & OBC –1)
Specialty
Oral Pathology and Microbiology 1
Oral & Maxillofacial Surgery 1
Oral Medicine & Radiology 1
NRI/NRI Sponsored/Foreign students
Specialty
Prosthodontics 1
Eligibility Criteria: Candidates who are completing their Internship not later than 31.03.2009 are eligible to apply. Candidates seeking admission under Puducherry Domiciles Category should be an Indian National and a domicile/resident of Puducherry.
PGDEE-2009: Candidates seeking admission to I MDS Course for the academic year 2009-10 should appear in the Post Graduate Dental Entrance Examination (PGDEE – 2009), on 18.01.2009. Post Graduate Dental Entrance Examination shall be held at MAHATMA GANDHI POSTGRADUATE INSTITUTE OF DENTAL SCIENCES, PUDUCHERRY-605 006. (Only One Centre)
Admission Procedure: Admission to I MDS Course is based on the marks obtained in the PGDEE-2009 only. A separate merit list will be prepared for the candidates appearing under NRI/NRI Sponsored/Foreign Students quota.
Application Procedure:
Cost of Application and Information Bulletin
1. For Puducherry Domiciles:
A) General/MBC/OBC Category
i) In person : Rs. 1500/- ii) By post : Rs. 1550/-
B) SC Category
i) In person : Rs. 450/- ii) By post : Rs. 500/-
2. For NRI/NRI Sponsored/Foreign students
i) In person : Rs. 3000/- (in Indian rupees) or equivalent in US dollars
ii) By Post : Rs. 3200/- (in Indian rupees) or equivalent in US dollars
Application forms along with Information Bulletin may be obtained from the OFFICE OF THE DIRECTOR, MAHATMA GANDHI POSTGRADUATE INSTITUTE OF DENTAL SCIENCES, Gorimedu, Puducherry-605006 or SBI Branch, Mahatma Gandhi Postgraduate Institute of Dental Sciences campus or SBI Main Branch, Puducherry in person or by enclosing a crossed Demand Draft drawn in any Nationalised Banks in favour of the DIRECTOR, MAHATMA GANDHI POSTGRADUATE INSTITUTE OF DENTAL SCIENCES, payable at Puducherry along with a requisition letter. Money Orders/Postal Orders/cheques etc. will not be accepted. The candidates may also apply in the application form downloadable at mgpgi.puducherry.gov.in together with the prescribed fee by Demand Draft only in the name of the DIRECTOR, MAHATMA GANDHI POSTGRADUATE INSTITUTE OF DENTAL SCIENCES, payable at Puducherry
For detailed information, please refer the Information Bulletin.
The application form duly filled in with all enclosures (Attested copies of certificates) should reach the DIRECTOR, MAHATMA GANDHI POSTGRADUATE INSTITUTE OF DENTAL SCIENCES, Gorimedu, PUDUCHERRY– 605 006 on or before 27.12.2008 by 12.30 P.M.
Applications which are incomplete, defective or received after the due date and time shall be rejected summarily and no correspondence will be entertained in this regard. This Institution shall not be responsible for any postal delay or loss in transit.
IMPORTANT DATES
1. Commencement of issue of application & information bulletin – 28.11.2008.
2. Last date for issue of application & information bulletin – 27.12.2008 (11.00 A.M).
3. Last date for receipt of filled in Application – 27.12.2008 (12.30 P.M).
4. Date of Post Graduate Dental Entrance Examination - 2009 – 18.01.2009. (PGDEE) (9.00 A.M. to 12.00 Noon).
(By order, Chief Secretary to Govt. & Chairman, Board of Governors)
For more details visit: http://mgpgi.puducherry.gov.in/
Subscribe to:
Posts (Atom)