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Tuesday, October 26, 2021


    

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Loans-The South India Bank

The South India Bank             

Special Criteria

SIB Education Loan- "VITJNAN PRADHAN" Scheme for financing higher education needs of students, including studies abroad.
                  

Amount

Loan Upto Rs.25, 000/- A Guarantor having net worth Rs.0.50 Lakhs.

Loan Above Rs.25, 000/- Collateral security/other assets equal to the loan amount.
               

General Information

Repayment to start one year after qualifying examination or 6 months after obtaining employment whichever is earlier in 60 equal monthly installments.

Rate of Interest and margin vary according to the size of loan

Amount of the Loan varies according to the course undertaken

Other Terms apply-Loan at the sole discretion of the bank.
               


 
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