Educational Loans  for study in India and abroad

Eligibility: 18 to 30 years for study in other countries. Minimum marks:60% in the qualifying examination(50% for SC, ST). Where admission is through the entrance test min marks criteria do not apply. Admission notice from the college/university abroad. Valid passport and VISA for admission in other countries.
The applicant should be a Graduate/Post Graduate. Should be below 30 years of age. security as applicable to the Educational Loan schemes. Loans against deposits will be available with a 25% margin. The interest rate is 2% over and above the interest rate given on deposits.

Loan available for

India – tuition fee, hostel fee, examination fee, books & Abroad – tuition fee, air passage, maintenance.



Up to Rs.25,000 /- nil

Above Rs.25,000/- minimum of 25%

Security: Above Rs. 50,000/- Immovable properties/pledge of NSC equal to the loan amount. Two co-obligates, one being parent/guardian.

B-CALS (AB-Career Advancement Loans scheme)

Purpose: Educational Loans to employees for higher studies. Maximum loans amount Rs.4.25 lacs


Applicant should be a permanent employee of Government/Public Sector/ reputed Private sectors companies with a minimum 10 years balance service


Salary undertaking from the employer, No objection letter from the employer Letter of undertaking from the employer to recover dues from terminal benefits.

ધોરણ 10 અને 12 બોર્ડની પરીક્ષા 2024 નું ટાઈમ ટેબલ અહીંથી જુઓ



LIC policy for an amount equivalent to the loan amount assigned to the bank. Immovable urban properties. Pledge of NSCs or any other approved securities equivalent to the loan amount. Two co-obligates. of an individual with equal to the loan amount. The maximum loan amount is Rs.1,00,000/- to meet Air passage and initial expenses as per Foreign Exchange rules. The applicant should be an Indian National.


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