Purpose
To provide financial assistance to the meritorious & indigent students to undergo professional courses including hostel accommodation with a view to acquire technical skills and training in any specialized discipline like

• Medical & Dental
• Engineering
• Computer Science
• Management, etc.  
• Agriculture 

 NOTE : Student who scored 80% and above can get 100% finance.

  
Eligibility
The applicant should between 15 to 30 years of age and Education qualification minimum 12th pass.
Where the applicant is not having any income source, any one Parent /Guardian having a regular source of income can apply as Co-borrower.
Where the student is a minor, any one Parent /Guardian having a regular source of income should apply as a borrower.

Repayment Period
Maximum 120 month E.M.I.

Share Holding
5% of loan amount 

Guarantors
Two guarantors having a regular source of income including any family members filing regular Income Tax Returns.

Surrender Value of LIC Policies:

• Government / Trustee securities such as NSC.
• Term Deposits
• Mortgage of immovable property

Banking Relations
Previous banking relations are not necessary. Fresh A/c holders fulfilling above criteria may be considered.

Documents To Be Submitted With The Loan Application :

• Proof of age and educational qualification such as Mark sheet, Degree Certificate etc
• Proof of admission to the course with fee structure
• Mark sheet Submit in bank every time
• There will no processing charges.
• If student stop his education then loan amount recover immediate.

Mode Of Disbursement :
Margin money of 20% of course fee to be deposited in the A/c. 100% of course fee will be remitted by pay order in favour of the institutions as per their course fee / payment schedule.