Sunday, 6 November 2016

Federal Bank - Special Vidya Education Loan

Special Vidya Loan

Purpose:

The prime object is to provide every meritorious student though poor with an opportunity to pursue higher studies in India & Abroad with the financial support from the banking system with affordable terms and conditions.

Eligibility:

Should be an Indian National

Secured admission to professional/technical courses through Entrance test/ Merit based selection process

Secured admission to foreign university / institutions (for studies abroad)
Course & Institution should have necessary approval/recognition


Loan Amount:
Studies in India - Up to 7.5 Lakh
Studies Abroad - Up to 15 Lakhs

Loan Period
Course period + 5 - 7 years

Mode of Repayment:
Repayable in equal monthly installments in 5 to 7 years after moratorium period
No repayment during moratorium period


Interest rate

Click here for rate of interest


 For more Details  :       www.federalbank.co.in

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