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Loans-IDBI Bank

IDBI Bank          
    

  1. Indian Universities
  • UG Courses : Engineering/Medical
  • PG Courses : Engineering/Medical/Management
  2.Foreign Universities
  • Courses requiring TOEFL/GRE/GMAT
  3. Research & Doctoral studies
              
Eligibility
  •  For UG Courses : Min. 75% in +2 stage
  •  For PG Courses : First class in UG courses
(In addition to the above, for foreign universities, TOEFL, GRE, GMAT scorecard and I-20 admit card are essential)
         
  •  For Indian Universities :Not more than 30yrs
  •  For International Universities :Not more than 35yrs.
Interest 15% p.a. + int. tax
Tenor Max 8 yrs. ( For UG courses)
Moratorium  1 year.
Repayment 3 years.
Security Equitable mortgage property/pledge of NSC, KVP, Bank deposits, shares, LIC policy etc.

 
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