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 Studies in India

 
 
  Eligibility
  • Must be an Indian National
  • Must be over 18 years of age but within 30 years
  • Secured admission to Professional/ Technical courses through Entrance Test/ Selection Process.
  • No minimum qualifying marks.
 
Eligible Courses


School Education/ Intermediate/ Graduation Courses/ Post Graduation Courses/ Professional Courses: Engineering/ Medical/ Agricultural/ Veterinary/ Dental/ Physiotherapy/ Nursing/ Law/ Management/ PGDRIM/ ICWA/CA/CFA/IIM/ IIT/IISC/XLRI/NIFT and other courses approved by State/ Central Government.
All other courses leading to diploma/ degree etc., conducted by colleges/ universities approved by UGC/ Govt./ AICTE/ AIBMS/ ICMR etc., and offered by National Institutes and other reputed private institut

 
 Quantum of Finance


Need based finance subject to repaying capacity of the parents/ students with a maximum of Rs. 10.00 lacs.

 
 Margin


Upto Rs.4,00,000/-     -              NIL     
Above Rs. 4,00,000/-   -             5%

 
 Mode of Disbursement


The loan amount should be released in proportion to the number of years, depending upon the progress of the student. The scholar should produce a certificate from the competent authority for successful completion of academic year for further releases.

 
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Election of Shareholder Directors-Cut-off (Record) date

New Scheme AB PROFESSIONAL LOAN

Attractive Discount is offered on Gold Coins for a limited period, Contact nearest Branch for Details

NEW YEAR CAR CAMPAIGN: Avail car loans at attractive interest rates



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As per RBI guidelines dated 04.11.2011, with effect from 01.04.2012 the validity of Cheques/Demand Drafts / Pay orders and Bankers Cheques is three months


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