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| Purpose |
To meet the expenses on tuition fees,
examination fees, hostel fees, including mess bill, cost of
books and instruments / equipments, which are absolutely
necessary for the course and any other expenditure incurred in
connection with the studies of the student through the
respective Institution / College / University. |
| Eligible courses |
MBBS / BDS / B.V.Sc., BPT / B.Pharm / BOT,
B.Sc., (Agri.) / B.E. (Agri. Engg.), M.Sc., (Agri.) / B.Coop.
/ M.Coop., B.E., B.Tech., B.Arch., M.E., M.Tech., MCA /
B.Sc., (Computer Science), BBA / MBA / BBM / MBM. etc., |
| Eligible persons |
Any individual in employment with Government /
Quasi Government Organizations, Banks and other establishments
of repute / private / public sector undertakings with adequate
means to repay the principal and interest of the loan shall be
eligible to apply for the loan, towards his sons / daughters /
wards to pursue the professional courses mentioned above. |
| Quantum |
Rs.2,00,000 for study in India and Rs.3,00,000
for study in abroad or 95% of the expenditure towards the
entire course of study, whichever is less. |
| Rate of Interest |
12% p.a. (subject to change from time to time). |
| Repayment period |
3 to 5 years. |
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