|Purpose||Higher Education course approved by AICTE,and Govt.,approved university/college|
|Eligible Course||For Approved Graduation, Post-graduation, P.hd., Research courses in Engineering, Pharmacy, Medical, Management, Computer|
|Loan Amount||Domestic Education Loan: Maximum Rs. 100.00 Lacs.
Foreign Education Loan: Maximum Rs. 100.00 Lacs.
|Repayment Period||Maximum 120 months (Including moratorium period up to course period)|
|Rate of interest||
|Share linking||2.5% of the loan amount sanctioned|
|Guarantee||Two guarantor possessing property and also Income tax-payer|
|Security||(i) Up to Rs.300000/- Nil
(ii) Above Rs.300000/- Mortgage of Immovable property or lien/assignment of Govt. securities