Purpose: To provide financial assistance to the students.

• Student should be an Indian National
• Secured admission to professional / technical courses in India or abroad through entrance Test / Merit Based Selection process.

• Graduation courses: B.A. B.Com, B.Sc., etc.
• Post Graduation courses: Masters & PhD.
• Professional Courses: Engg. , Medical, Agriculture, Veterinary, Law, Dental, Management, Computer etc.
• Computer certificate courses of reputed institutes accredited to Deptt. of electronics or institutes affiliated to university.
• Courses like ICWA, CA , CFA etc.
• Courses conducted by IIM, IIT, IISc , XLRI, NIFT, etc.
• Courses offered in India by reputed foreign universities.
• Evening courses of approved institutes.
• Other courses leading to diploma / degree etc. conducted by colleges/ universities approved by UGC/ Govt./ AICTE /AIBMS/ ICMR etc.
• Courses offered by National Institutes and other reputed private institutions. Banks may have the system of appraising other institution courses depending on the future prospects/recognition by user institutions.

• Graduation For job oriented professional/technical courses offered by reputed universities.
• Post Graduation MCA, MBA, MS etc.
• Courses conducted CIMA-London, CPA in USA etc.

Up to Rs. 4.00 lakhs : NIL

Above Rs. 4.00 lakhs: Studies in India: 5%

Studies Abroad: 15%

Scholarship/assistantship to be included in margin. Margin may be brought in on year-to-year basis as and when disbursements are made on a pro-rata basis.

Up to Rs. 4.00 lakhs : BPLR
Above Rs. 4.0 lakhs : BPLR +1%

Simple interest to be charged during the Repayment holiday/moratorium period Penal interest @ 2% be charged for above Rs. 4.00 lakhs for the overdue amount and overdue period.