upto Rs.2 lakhs and 13.5% from 2 to 10 lakhs.
period of 10 years (principal amount).
Payment commences 6 months after the completion of
the course or getting employed.
interest is to be paid within 2-3 years of course
during course is simple. After the course, interest
student does not return to India in 6 months, the
interest charged is at commercial rates.
has to arrange 25% of all tuition and living costs.
on property (in parentsí names), shares, LIC, NSCs,
Unit Trust, other investments.
must be at least 200% of the loan amount.
forms, letter of admission from overseas university
clearly stating living costs and tuition fees and
other costs. Student
should have secured first division in previous
studies (excluding language).
Bank of India branch in India.
processed within 1 month.