Eligibility :
	Student Student should be an Indian national and have secured admission to a professional or technical course in an Indian or Foreign university. Courses a) For Studies in India 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 Dept. of Electronics or institutes affiliated to university Courses like ICWA, CA, CFA etc Courses conducted by IIM, IIT, IISc, XLRI. NIFT etc Courses offered in India by reputed foreign universities 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. Banks may have the system of appraising other institution courses depending on future prospects/ recognition by user institutions. b) 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.
Loan Details
	Coverage of expenses  Fee payable to college/ school/ hostel Examination/ Library/ Laboratory fee Purchase of books/ equipments/ instruments/ uniforms Caution deposit/ building fund/ refundable deposit supported by Institution bills/ receipts Travel expenses/ passage money for studies abroad Purchase of computers - essential for completion of the course Any other expense required to complete the course - like study tours, project work, thesis, etc. Quantum Studies in India - Maximum Rs.10 lacs Studies Abroad -Maximum Rs.20 lacs Margin Upto Rs.4 lakhs - Nil Above Rs.4 lakhs - Studies in India 5% - Studies abroad 15%
Rate of Interest
	As applicable from time to time.
Repayment
	The repayment of loan to begin after the course period + 1 year or 6 months after getting a job, whichever is earlier. The loan to be repaid within 5-7 years (maximum tenor 84 months) after commencement of repayment.