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Tuesday, October 26, 2021


    

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Loans-Vijya Bank

Vijaya Bank
                       

Pre Requisites

The candidate or his guardians should have an account with the bank otherwise should reside in the same area within 4 Kms of the location of the bank.
     

Terms

The candidate will be a co - borrower with his guardian
      

Coverage

Tuition fee. Maintenance cost /books and equipment.
   

Margin

25% and will be released in installments.
    

Security

Collateral security. In certain cases mortgage of an immovable Property might be needed.
     

Payment

Capital should be paid back after 6 months after the completion of the course of after 3 months after getting a job whichever is earlier. Interest will have to be paid back by the Guardian to the bank in regular intervals.
       


 
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