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Showing posts with label EDUCATION LOAN. Show all posts
Showing posts with label EDUCATION LOAN. Show all posts

Tuesday, February 03, 2009

Private / Trust Scholarships

Private / Trust Scholarships

A.M.M. Charities Trust

'Tiam House' 28, Bajaj Road, Madras--600 001.

Interest free loan scholarship for post-graduate / Doctoral studying in Engineering , Science, Humanities Medicine and Business Mgt.

Eligibility: 1st Class Degree / equivalent Diploma.

Asian Development Bank (ADB) Japan Scholarship Program

Eligibility: Post-Graduate (Diploma, Master's and Ph.D.) Degree + 2 yrs. experience.

Duration : 1 to 3 yrs. Covers tuition fees, books , return air fare. - Fields in Management, Technology and related disciplines - Institutes for admission are designated by the ADB.

Details : -The scholarship Administrator, Education Division, Asian Development Bank, P.O. Box 789, 1009, Manila, Philippines. / Education Foundation of India, 12, K. Dubash Marg., Fort, Mumbai-400 023.

Association for Overseas Technical Scholarship (AOTS)

(AOTS) Japan for

(a) Six months for residents of Mumbai Region

AOTS Alumni Association, Mumbai C/O. Electronic Enterprises, Limit 216, Regal Industrial Estate, Acharya Donde Marg, Sewri, Mumbai-400 015.

Eligibility: Graduate + 1 yrs. Work exp. preferably in Mechanical Fabrication ,Light Engineering, Civil, Instrumentation, Comp. and Electrical Machinery.

Age : 20 to 35 yrs.

(b) Management Training Courses of 2 to 6 weeks in Quality Control, Production & General Mgt.

Eligibility: 3 yrs.. experience in related field.

Age : 27 to 50 yrs.

(C) Godrej & Boyce Mfg. Co. Ltd. in association with AOTS, Japan gives Scholarships.

Details : Tel.: 872 4274. Mr. Rusi Ghista.

BREAD

For: Vocational and Professional courses

Special Criteria: The Basic Research Education and Development Society

Location: BREAD, 401, "Diamond House", Adjacent to Amrutha Hills, Punjagutta, Hyderabad-82, Telephone No. 331 3088, Fax No. 3313188.

Eligibility: Students seeking vocational and professional courses whose parents annual income is less than Rs. 12,000 per annum for the present academic year, in the state.

General Information: Entire expenditure including tuition fees, hostel mess charges, books and other expenditure will be borne by the BREAD till they completed the course. By the end of August the selections will be completed.

Cambridge Society Mumbai Scholarship Fund

Mr. V.P. Shethi,5, Udayaraj, Sreenagar Colony Road, Goregaon (W) Mumbai-400062.)

To students with 1st class degrees at Bachelor's and Master's level & Domiciled in Maharashtra, Gujarat and Goa. For Tripos as well as Post-Graduate and Post-Doctoral studies in Science, Humanities and Engineering at University of Cambridge, U.K.(Rs.60,000/-p.a).

Cambridge Nehru Scholarship

10 Scholarship for those with 1st Class Honors Degree (Master's Degree preferred) for research at Cambridge leading to Ph.D.

Nehru Trust for Cambridge University, Teen Murti House, New Delhi-110 011.

EVERADY SCHOLARSHIPS

Eveready Welfare Services invites applications for scholarships from Indian nationals in advanced education in Management, all branches of Engineering and Electro-Chemistry at reputed Institutions in India for the year 2000-2001. Ten scholarships each of a maximum Rs. 15,000 per annum are proposed to be awarded for up to 4 years of study (depending on the duration of the course).

Eligibility criteria are:

1. First class academic record throughout the career.

2. Firm admission in the first year of a reputed Indian University / Institute for Graduate / Post Graduate studies for 2000-2001 academic year as a full time student.

3. The combined gross income of both the parents not to exceed Rs. 150,000 per year.

4. Not a recipient of any other scholarship / financial assistance.

Preliminary applications on plain paper with detailed information on (1) to (4) above should be forwarded to:

Eveready Welfare Services,
2 Rainey Park, Calcutta - 700019

Prescribed application forms will be sent to short listed candidates. The decision of the Selection Committee will be final.

H.T. Bhandary Foundation

Bahndary Estate, Kurla (East), Mumbai-400 070.

Scholarship for Degree courses in Medicine / Engineering.

Homi Bhabha Fellowships Council

For 1 to 2 yrs Rs. 4,000 to 6000 /- per month.

For equipment's / travel within India & abroad.

ITC Ltd.

Corporate Public Relations Manager, Virginia House, 37, Chowringhee, Calcutta-700 071.

Scholarship (Rs.50,000 per annum for 1-2 yrs.) for management Studies in premier institutes in U.K. or U.S.A.

Ichalkaranji Education Endowment Fund

Yashodham, 7, Tapobhumi Society, Mukundnagar, Pune - 411 037.

Loan Scholarship for students with Marathi as mother language.

Indo-soviet Medical Education Care & Research Foundation

12, Bharti, Artist's Colony, (Preet Vihar) New Delhi-110 092.

Selects : 250 students in undergraduate & P.G. studies in Medical , Engineering ,Technical and Under Graduate Courses in Agriculture , Forestry, Arts, Law & Journalism.

Inlaks Foundation

P.O. Box 2108, New Delhi-110 007.

Scholarship in Europe UK USA - in the fields of Archeology, Architecture, Business Administration, Environmental Sciences, Film Directors, Humanities, Journalism, Law, Music, Science, Technology, Theatre, Visual Arts.

Age : 19-28 yrs.

Eligibility : Degree.

J.N. Tata Scholarship

By J.N. Tata Endowment, Mumbai House, 24, Homi Mody Street, Mumbai - 400 001.

For higher studies abroad in Technology, Sciences and Humanities. Eligibility : Graduate in Medical / Management Studies. Post-graduates in Arts/Science. for Doctoral & Post-Doctoral Research )

K.C. Mahindra Trust

Cecil Court, 3rd floor, Mahakavi Bhushan Marg., Mumbai-400 039

Interest free loan scholarship upto Rs. 50,000/- for higher studies abroad for advanced studies in Engineering, Humanities, Medicine and Business Mgt. including study of Military, Naval and Aviation Sciences.

Eligibility : First class Degree / Equivalent Diploma.

Kothari Research & Design Foundation

For: Architecture

Location: The Administrator, Kothari Research & Design Foundation, Kothari Associates, G-65, Connaught Circus, New Delhi - 1

Special Criteria: Kothari Research & Design Foundation

Amount: Rs. 4,000.00

Eligibility: Indian. Age 19-23 years, should be in the second or third year of any recognized engineering institute in Delhi

General Information: 3 scholarships

Kothari Research & Design Foundation

For: Fine & Applied Arts

Special Criteria: Kothari Research & Design Foundation

Location: The Administrator, Kothari Research & Design Foundation, Kothari Associates, G-65, Connaught Circus, New Delhi - 1

Amount: Rs. 4,000.00 per annum

Eligibility: Indian. Age: 19-23 years. Should be in the second or third year of any recognized Institute in Delhi

General Information: 3 scholarships

Lady Maherbai D. Tata Education Trust

Mumbai House, Homy Mody Street, Mumbai- 400 001.

Scholarships awarded to young women graduates for higher studies abroad for specialization in Social Service Work, Child Welfare, Rural Organization Work, Public Health and Hygiene and Social Hygiene.

London School of Economics & Political Science

London. 3 scholarships for P.G. Course

Details : Shirr R.S. Bhatt, Ewart House, Homy Mady Street, Mumbai-400023.

Overseas Educational & Culture Society

C-112, Anand Niketan, New-Delhi-110 021.

Free Scholarships to 10, for six years M.Tech. Degree Course in (1) Computers (2) Electronics, (3) Robotics at University in Ukraine

Eligibility : 10 + 2.

R.D. Sethna Scholarships Fund Esplanade House

1st Floor, 29, Waudby Road, Fort, Mumbai-400 001.

Loan Scholarship for Scientific, Technical, Industrial and Commercial Instruction or Education in India and abroad.

Raunaq Educational Foundation

Allahabad Bank Bldg.. 17, Parliament Street, New Delhi-110 001

Four interest-free loan scholarships of Rs. 25,000 /- in the field of Business Mgt. Engineering, Sciences. etc.

Rhodes Scholarships-(India)

C/O St. Stephen's college, New Delhi-110 007.

3 scholarship leading to a degree at University of Oxford in Pure or Applied Sciences, Humanities.

Age : Between 19 to 25 yrs.

Rotary International Scholarship (District-3140)

Rotary Service Center, Juhu Tara Road, Mumbai-400 049. Tel. 632 7916.

Areas of Study-Teachers of the Handicapped, Journalism, Advanced study in medicine, alternate energy resources, environmental control.

Eligibility: Bachelor's Degree with 2 yrs. experience.

Age : Between 21 to 50.

Value : 18,000 (academic experiences & air fare).

S.K. Patil Loan Scholarship

Shir Brihad Bharatiya Samaj, N.K. Mehta International House, 178, Backbay Reclamation Mumbai-400 020.

15 Scholarships for Higher studies abroad in Engineering, Technology, Medicine, and other Professional courses.

Sahu Jain Trust

Times House, 4 th Floor, 7 , Bahadur Shah Zafar Marg, New Delhi-110 002.

For Technical Subjects for graduates Loan Scholarships for higher studies abroad upto Rs. 25000/-

Also offers Inland loan Scholarships.

SAI & NOL Scholarships for Under Graduate studies in Singapore

For: English

Location: C/o, Robinson Road, P.O. Box. 746, Singapore - 9014, Republic of Singapore

Special Criteria: Scholarships for Undergraduate studies in Singapore

Amount: Tuitions fees, return air fare, air passage, allowances and all other compulsory tuition fees

Eligibility: HSC

Shir Lalbhai Dalpatbhai Charity Trust

Sheth Lalbahi Dalpatbhai vanda, Pankore Naak, Ahmedabad-380 001.

Foreign study Loans upto Rs. 35,000/- for higher studies abroad in Engineering Medicine, Chemistry, Physics, Aeronautics, Electronics, Nuclear Sc., Comp Sc. and Business Management

Singapore Airlines Scholarship (SIA youth Scholarships)

C /O Robinson Road, P.O. Box 746, Singapore-9140, Republic of Singapore.

For 2 years pre-university course in Junior Colleges in Singapore.

THE HINDU - HITACHI SCHOLARSHIPS

In association with Hitachi Ltd., Tokyo, Japan, THE HINDU invites applications for scholarships for technical training in JAPAN. The number of scholarships will be three. The terms and conditions are as follows:

1. Candidates who must be Indian citizens, should not have completed 30 years of age on 31-03-2001 and should be in possession of the minimum Degree of B.E. or B.Sc. (Engg.) or its equivalent from any recognized university. Candidates who have already had practical experience in the branches, for which training is proposed to be given, will be given preference. Candidates with at least one year's professional experience need apply. Those who were interviewed in previous years for the Scholarships need not apply again.

2. The Scholarships are tenable in Japan for principally six months commencing about July 2001. Trainees may have general training in two or more of the following product fields of Hitachi Ltd. (Hitachi) for example, (1) Information & Telecommunication System (2) Display (Color display tubes or liquid crystal (TFT displays), (3) Digital Media (4) Power & Industrial System (5) Industrial Components (6) Elevators & Escalators, (7) Automotive Components (8) Air-conditioning Systems, (9) Consumer (Home Appliance and Audio Visual) products of Hitachi, being subject to the convenience of each of Hitachi's establishments.

3. Trainees shall be, during their training, under the supervision and direction of Hitachi, which has full discretion on scope, mode, duration and place of establishment of their training. Training will not be available in the design and R & D activities of Hitachi. They will be subject to the rules and regulations and the discipline of the establishment to which they are posted. If the total training period in the fields of a trainee's interests does not reach six months Hitachi may place trainees in any other field for training at Hitachi's discretion to fill the balance period. If this effort fails, training for the concerned trainee will be limited to a four-month duration.

4. Selected trainees will be provided with return Economy Class air passage. Arrangements will also be made for free Boarding and Lodging for trainees in Japan, and to defray all expenses for traveling in Japan, which may be considered necessary for their training. In addition each trainee will be paid a monthly fixed allowance to cover his personal expenses.

5. Parents or guardians of selected candidates shall guarantee their good conduct and shall undertake to pay for their repatriation should their conduct be found unsatisfactory by Hitachi Ltd., or any, public authority in Japan or in case the selected candidates desire to discontinue their studies in Japan for any reason whatsoever during the period of their scholarships.

6. Applications should be made in duplicate in the forms available on payment of Rs. 5/- from THE HINDU 859 & 860 Anna Salai Chennai-600002, or the branch offices of THE HINDU at

  • 210, Ansal Bhavan, 16; Kasturba Gandhi Marg; New Delhi-110001

  • "Kasturi Building" Jamshedji Tata Road, Mumbai-400020; 19

  • Infantry Road, Bangalore-560001

  • 11, Government Place East, Calcutta-700069

  • No. 19 8 20, AT.T Colony, LIC. Road, Coimbatore-641018

  • A/5 North East Extension, Salai Road, Thillai Nagar, Tiruchirapalli-620018

  • 147/2A Eighty Feet Road K.K. Nagar Madurai-625020

  • 6-3-87 & 879B, Begumpet Public Road, Hyderabad-500016

  • 50- 19-9, T.P.· Colony, Seethammadhara, Visakkhapatnam-530013;

  • 27-25-23 1st Floor, Museum Road, Governorpet Vijayawada-520002

  • 39/3385 Alapattu Road, Ravipuram, Kochi-682016;

  • P.B. No. 1854, Airport Road; Vallakkadavu, Thiruvananthapuram-695008.

7. Completed forms should reach THE HINDU, B59 & 880, Anna Salal; Chennal-800 002 Superscrlbed "THE HINDU - Hitachi Training Scheme".

The Indian Institute of Bankers

World Trade Center , 2nd Floor, East Wing, Cuffe Parade, Mumbai-400 005.

Lord Aldington banking research Fellowship : to study latest developments in banking -10 weeks.

Age : below 45 years.

Eligibility : CAIIB + 15 years service as officers.

The Oxford & Cambridge Society of India

Mrs. Supriya Gupta, Secretary, The Oxford of India, 35-A friends Colony (East), New Delhi-110 065.

BCCI Scholarship of Rs.50,000/- for first class graduates for study at University of Oxford or of
Cambridge - 2 yrs. M.Phil / Ph.D. programme.

United World Colleges Details

Captain Raj Mahindra, Executive Director, United World Colleges, Mahindra Ugine Steel Co. Ltd. Bakhtawar, Nariman Point, Mumbai-400021.

United World Colleges give 9 scholarship (each worth US 13,000 /-per year) for 2 yrs for admission to Co-ed colleges in U.K. ,Canada, Singapore, Switzerland, U.S.A., Italy and Hong Kong.

2 year International Baccalaureate ( IB) curriculum (an internationally recognized school learning Examination).

Age: Between.16 &18 yrs.

Eligibility : 75% marks in school leaving examination.

University of Bombay

Sir Mangaldas Nathubhai Travel Grants for Teachers & Research Scholars of Bombay Univ. (preferably Hindus) for going abroad to attend seminars / short courses on : Comp. Sc., Environmental Sc., Pollution Control, Biotechnology, Genetic Engg. Life sciences, Indl. Engg., Mathematics and other Modern Scientific, Technological, Industrial & Engineering including MBA. Grant upto Rs. 12,500 /- per annum maximum or Rs.25,000/- per annum. Research Fellowship -Rs. 30,000/ - per annum for 2 yrs. for Doctoral Research Work abroad in any of the above subject.

Usha Rectifier Corporation (India ) Ltd.

3,Cama Place, New Delhi-110 066.

2 scholarships of Rs. 50,000/- each for students who have official admissions in University/ college abroad in the field of Maths, Physics, Chemistry, Commerce, Economics, Engineering, MBA, C.A.

Eligibility : First Class Degree & gross income less than Rs. 6000/-per month

Uttarapatha Trust

38, Noble Chambers, 5th floor, S.A. Brelvi Road, Mumbai-400 001.

Loan Scholarship for advanced studies in Science, Engineering, Medicine, Research Work etc. in India and Abroad.

Age limit : Between 20 to 30.

Watumull Foundation Loan Scholarships

Hyderabad (Sind) National Collegiate Board, Mumbai-400020.

Interest-Free loan scholarship of Rs. 50,000/- for higher studies in U.S.A. in Engineering, Medicine, Natural Sc.& all new HI-Tech courses.

POWERED BY : ESHIKSHA.COM

Tuesday, December 02, 2008

ANDHRA BANK





A) DR. PATTABHI VIDYA JYOTHI - LOAN SCHEME

1. Eligibility:

Age
  • 12-30 years for studies in India
  • 18 to 35 years for study in other countries
2. Qualifying Marks Exempted

3. Quantum of Loan Maximum :
  • Rs. 10.00 Lacs for studies in India
  • Rs. 20.00 Lacs for Studies Abroad
4. Purpose of Loan :

To meet cost of Tuition fee, Hostel fee, Examination fee, Books, Project work, Study tours, and Refundable deposits.

PLUS

AIR PASSAGE AND MAINTENANCE, FOR ABROAD STUDIES.

5. Margin :
  • Upto Rs.4.00 Lacs Exempted
  • Above Rs.4.00 Lacs 5% In India 15% for Abroad Studies.

6. Security:

  • Upto Rs.4.00 Lacs guarantee of parent
  • Rs.4.00 to 7.50 lacs - guarantee of the parent
  • Above Rs.7.50 Lacs--Collateral Security of suitable value & guarantee of the parent

7. Interest:
  • Upto Rs.4.00 Lacs--(BMPLR -1.25) - Presently 11.75%
  • Above Rs.4.00 lacs--(BMPLR + 0.50) presently 13.50%
(BMPLR at present: 13.00%)
  • Concession of 0.50% for women for sanctions after 01.07.2005

DIFFERENT RATES OF INTEREST - DIFFERENT INSTITUTES
Wherever Andhra Bank has entered into MOU with

  • IIRM,BITS,Pilani ; BITS, Goa ; IPE ; Goa Institute of Management Rate of Interest is 9 % fixed.
  • ISB - Rate of Interest (BMPLR -3.50) is 9.50 % floating
  • GMRIT ; SVUCCMIS, Tirupathi ; IIIT, Hyderabad ;CIHL(ZIC Center, Gurukulam)Hyderabad ; Balaji Society, Pune ; ICFAI Business School -Rate of Interest is (BMPLR-2.00) 11.00 % Floating

NO PROCESSING CHARGES ; NO PREPAYMENT CHARGES APPLICABLE
INTEREST WILL BE CHARGED ON SIMPLE BASIS DURING STUDY /HOLIDAY PERIOD only.

B) AB Career Advancement Loan Scheme (ABCALS)

Eligibility : Permanent employee of Govt / Public Sector Cos / Corporations /reputed Companies with 10 years of balance of service.

Purpose : For studies with reputed Institutes and with International affiliations (Computer including printer can be purchased for all the courses with a maximum of Rs.50,000/-, within the over all limit.)


Amount of loan : Maximum Rs.7.50 Lakh

Margin : 10 %

Collateral security : NSCs, KVP, LIC policy surrender value, Govt. securities, Gold ornaments, Bank deposits, Building/flat of applicant /co-obligant value not less than loan amount.

Gestation Period : One month

Repayment period : Maximum 60 monthly installments commencing after one month from the date of advance.

Prepayment Charges : 2% flat on the prepaid amount for all Term Loans where the repayment is fixed beyond 36 months. i.e. installments paid ahead of repayment schedule.

Other requirements : i) No objection certificate from the employer for prosecuting higher studies and to avail loan from the Bank. ii)Salary undertaking letter from employer for recovery of installments. iii) Undertaking letter from employer to adjust the dues to the bank from out of terminal benefits, of the employee if needed,.

BANK OF INDIA - STAR EDUCATION LOAN


BANK OF INDIA

STAR EDUCATION LOAN


1.OBJECTIVE & PURPOSE:

The Star Educational Loan Scheme aims at providing financial support from the bank to deserving/ meritorious students for pursuing higher education in India and abroad. The main emphasis is that every meritorious student is provided with an opportunity to pursue education with the financial support on affordable terms and conditions.

2. ELIGIBILITY CRITERIA:

a) STUDENT'S ELIGIBILITY:


* Should be an Indian National;
* Secured admission to professional/technical courses in India or Abroad through Entrance Test/Merit based selection process.
* Good academic career.
* The student should not have outstanding education loan from any other Institution.
* Father/Mother should be co-borrower.
* Branch nearest to the permanent residence of student will consider the loan.

b) ELIGIBLE COURSE:

(i) Studies in India (Indicative list):

  • Graduation courses : BA, B.Com., B.Sc., etc.
  • Post Graduation courses : Masters & Phd.
  • Professional courses : Engineering, Medical, Agriculture, Veterinary, Law, Dental, Management, Computer, etc
  • or institutes affiliated to university.Computer certificate courses of reputed institutes accredited to Department of Electronics
  • Courses like ICWA, CA, CFA, etc.
  • Courses conducted by IIM, IIT, IISc, XLRI, NIFT, NID and other Institutes set up by Central/State Govt.
  • Evening courses of approved institutes.
  • Other courses leading to diploma/degree, etc. conducted by colleges/universities approved by UGC/Govt./AICTE/AIBMS/ ICMR, etc.
  • approval of Head Office.Courses offered by National Institutes and other reputed private institutions with prior
  • Courses offered in India by reputed foreign universities with prior approval of Head Office.
Note :
  • 1.Professional courses not approved by AICTE and conducted by Institutes not recognised by State Universities is outside the purview of the eligibility under the scheme.
  • 2. Special scheme for students admitted to IITs, at concessional rate of interest.

(ii) 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.

3. EXPENSES CONSIDERED FOR LOAN :
  • 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.
  • Insurance cover for the student.
  • Any other expense required to complete the course - like study tours, project work, thesis, etc.
  • As per brochure/ demand letter from the institution.

4. QUANTUM OF FINANCE :
Need based finance subject to repaying capacity of the parents/students with margin and the following ceilings :

* Studies in India - Maximum Rs.10.00 lakh
* Studies abroad - Maximum Rs.20.00 lakh.


5. MARGIN :
Upto Rs.4 lakh : Nil
Above Rs.4 lakh - Studies in India : 5%
Studies Abroad : 15%
· Scholarship could be included in margin.
· Margin to be brought in on year to year basis as and when disbursements are made.

6. SECURITY:
  • Upto Rs. 4 lakh : No security
  • Above Rs.4 lakh & upto Rs.7.5 lakh : Collateral security in the form of a suitable third party guarantee.
  • Above Rs.7.5 lakh : Collateral security of suitable value or at the discretion of the Bank suitable third party guarantee alongwith the assignment of future income of the student for payment of installments.
Note : The security can be in the form of land/building/Govt. Securities/Public Sector Bonds/NSC/KVP/LIP/ Banks Term Deposit etc.,in the name of Student/Parent/Guardian/Guarantor with suitable margin.

7. RATE OF INTEREST*: (w.e.f. 06.11.08)
  • Upto Rs.4.00 lacs – 2.50% below BPLR., Min. 10.75% p.a.
  • Above Rs.4.00 lacs upto Rs.7.50 lacs – 2.00% below BPLR, Min. 11.25% p.a.
  • Above Rs.7.50 lacs - 1.25% below BPLR, Min. 12.00% p.a.
  • Simple interest during the repayment holiday/moratorium period. · Penal interest @2% for loans above Rs.4 lakh for the overdue amount and overdue period.
  • Int. Concession of 0.50%p.a. for woman beneficiaries for limits upto Rs.50,000/- and 1% for limits over Rs.50,000/-
  • 1% int. concession if interest is serviced during moratorium period, where repayment holiday is specified for interest/repayment under the scheme (concession available for moratorium period)

8. INSURANCE :
All the student borrowers are offered a specially designed Term Insurance cover and the premium can be included as an item of finance.

9. REPAYMENT:
Repayment holiday/Moratorium : Course period + 1 year or 6 months after getting job, whichever is earlier.

* The loan is to be repaid in 5-7 years after commencement of repayment.

10. BANK CHARGES:

(a) Processing/upfront charges
  • For Studies in India- NIL.
  • For Studies Abroad – Rs.1000 for issuance of sanction letter for obtention of VISA.
  • Amount refundable on availing loan.
(b) Document /Stamp Charges
  • At Actuals
(c) Change of Institution
  • Studies in India – Rs.250/-
  • Studies Abroad- Rs.500/-
(d) Agreement(copy to borrower) Xerox charges
  • Loan upto Rs.2 lacs- Rs. 25/-*
  • Loan over Rs.2 lacs- Rs.100/-*
  • Plus copying charge of Rs.1 per page

One time charges for any deviations from the scheme norms including approval of courses outside the scheme –

Upto Rs.4.00 lacs - Rs.500/-
Above Rs.4.00 lacs to Rs.7.50 lacs - Rs.1,000/-
Over Rs. 7.50 lacs upto Rs.20.00 lacs – Rs.2,000/-

In respect of loans availed by borrowers from rural areas from the Rural Branches – Charges NIL.

11. OTHER CONDITIONS :
  1. Loan to be disbursed in stages as per requirement / demand, directly to the Institution/ Vendors of books/equipments/instruments to the extent possible;
  2. Student to produce mark list of previous term/semester before availing next installment ;
  3. Student / Parent to provide latest mailing address, in case of any change ;
  4. Student /Parent to inform Branch immediately on change of course /completion of studies/termination of studies/ any refund of fees by college /institution /successful placement /obtention of job/change of job etc.,