Azadi ka Amrit Mahatsav

Education Loan Scheme

Special Features Added:

  • Sapno ki Udaan” -Education Loan Campaign” - (Sapna Apka …… Sath Humara……!!!)
    -------- Campaign Period- 23rd May to 31st  August 2022.
    • 0.15% concession in applicable ROI (Starting ROI 8.20%) to all IIMs, IITs, ISB & XLRI Jamshedpur students. (Additional feature during campaign period only)
    • Additional educational expenses of Rs 1.50 lakh within the overall limit of loan scheme for purchase of 2 wheelers for convenience in commutation. (for Premier institutions under Maha Scholar Education Loan Scheme)
  • No Margin Money. Up to 100% financing (for Premier institutions)
  • NO collateral security (for Premier institutions).
  • ROI concession to Girl student.
  • Instant In-principle sanction before registration in Institutions.
  • Longer repayment period upto 15 years (Excluding Moratorium) to reduce the EMI burden.
  • Loan will cover tuition fees, hostel fees, cost of books etc.

Special Education Loan schemes:-