TYPE OF LOAN | MAXIMUM LOAN AMOUNT | RATE OF INTEREST |
EDUCATION LOAN | UPTO RS. 5.00 LACS | A) 10.00% (Against 2 personal sureties) |
UPTO RS. 20.00 LACS | B) 11.0% (Against at least one Govt. surety worth the loan or against mortgage of approved property or both) | |
MORE THAN RS. 20.00 LACS | C) 12.0% (Against at least one Govt. surety worth the loan or against mortgage of approved property or both). (1% rebate to Girls or specially enabled students or any other Students securing 75% or above in their final qualifying Board exam) not entrance exam. (Maximum loan amount upto Tuition & Hostel / maintenance fee for the entire course or exposure ceiling whichever is less |
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The rate of interest are subject to change without notice |