1 Maximum Limit Rs. 3.00 lacs per borrower.
2 Eligibility Students who have got admission to some professional or other coursesand whose prospects of getting employment are very good.
3 Purposes For pursuing higher studies by their children.
4 Eligibility Criteria 50 times of the gross monthly salary of the applicant or Rs. 10.00 lacs which ever is less ensuring 35% take home salary by the loanee after payment of installment of loan.
5 Margin Up to Rs. 25000………………….25%
Above Rs. 25000……………….30%
6 Repayment Period 5 years after the borrower gets employment or one year after completion of course which ever is earlier.