Education Loan

ABOUT

Medical Education, Engineering, Technical Deploma/Degree, Management, P.H.D. Etc.

FEATURES & BENEFITS

• Businessman or Salaried Persons & their children can avail loan for higher or Professional education.
• Low cost, No Prepayment charges.
• Guarrantee based loan.
• Repayment through Daily/Cheque/ECS.
• Loan Limit 50% of Mortgaged Property or Rs. 40 Lakh whichever is less.
• Repayment period Upto maximum 84 Months depending upon Degree/course period.

ELIGIBILITY

• Applicants in case being parents will be borrowers & child taking education will be co - borrower.
• Applicant having/ ready to have membership & having confirmed services with salary slip ( ITR & Business Proof for Businessmen).
• Businessman, Salaried Person or their children availing Higher, Professional education.