Should have secured admission to a higher education course in recognized institutions in India or Abroad through Entrance Test/ Merit Based Selection process after completion of HSC (10 plus 2 or equivalent). Where the admission is purely based on the marks scored in qualifying examinations then the cut off marks for loan eligibility is 50%
Meritorious Students admitted under Management Quota are also eligible for loan.
Studies in India (Indicative list):
Approved courses recognized by UGC/ Govt. / AICTE/ AIBMS/ ICMR etc.
For job oriented professional/ technical courses offered by reputed universities.
Loan Limit :
Fee payable to college/ school/ hostel and other related expenses.
Study in India:
Up to Rs.75 Lac depending on the Institute. (List of the Institutes is available on Bank’s website.)
up to 15 years