Education Loan Scheme

The Scheme provides financial assistance to deserving students to undertake basic education and to the meritorious students to pursue higher professional / technical education in India and abroad.


Purpose
To meet the tuition and other fmnees/Examination/Library/Laboratory fee, cost of books/Purchase of computers / equipments / instruments and the cost of passage for studies abroad. Caution deposit/building fund/refundable deposit supported by institution bills / receipts can be finances. Any other expenses required to complete the course like study tours, project work, thesis etc. can also be financed.
Eligible Courses
School Education including plus 2 stage. Graduation courses, BA, B.Com, B.Sc Nursing, General Nursing, Etc. Post Graduation Courses like Engineering, Medical, Agriculture, Veterinary, Law, Dental, Management, Computer, etc.
Amount of Loan
For studies in India Rs. 10 Lakhs, For Studies abroad Rs. 15 Lakhs.
Margin
Up to Rs. 4 Lakhs : Nil (No collateral security) Above Rs. 4 lakhs : Studies in India - 5% Studies abroad - 15%
Repayment
To commence 1 year completion of course or 6 months after getting job, whichever is earlier. The loan is to the repaid in 5-7 years after commencement of repayment.
Processing Fee
No Processing Fee.
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Our Hospital The students are exposed to rural areas and urban areas as prescribed by Indian Nursing Council, Karnataka Nursing Syllabus. At initial stages    more
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