Finance Catalog

Product Details


Education Loan

Bangalore



A Quality Product from
THE CATHOLIC SYRIAN BANK LTD. [View Profile]
Bangalore - India

Description :
Provides financial assistance to deserving students to pursue higher/ professional/ technical education in India and abroad.

Eligibility
v For School Education including Plus Two, Graduation Courses, Post -Graduation Courses etc
v For Courses of study abroad, the student should be an Indian National who has secured admission to professional courses through Test/selection process , to foreign University institutions.

Purpose:-
To meet the tuition and other fees, cost of Books, Computers, refundable deposits supported by Bills/ Receipts, travel expenses for studies abroad etc.

Quantum of Finance
Studies in India - Rs. 7.50 lakhs
Studies Abroad - Rs. 15 lakhs

Rate of Interest
Upto Rs.4 lakhs:- 11.50% p.a.
Above Rs.4 lakhs:- 12% p.a.

Security
Upto Rs. 4 lakhs -Nil
Above Rs. 4 lakhs -Collateral security of value twice the loan amount.

Margin
Upto Rs. 4 lakhs - Nil
Above Rs. 4 lakhs - Study in India-5%, Study abroad-15%

Repayment
To commence after one year of completion of the course or 6months after getting the job, whichever is earlier. Repayment in 5 to 7 years.

Guarantee
Personal Guarantee of parents.

Attractive features
No Processing Fee. 1% rebate on interest during holiday period, if interest is remitted promptly during the period.


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THE CATHOLIC SYRIAN BANK LTD. deals in :
We provide the following Banking Services -
Deposits - Fixed Deposit, Family Welfare, DOT Deposit, Acharya Deposits, Savings Account, Value Added SB Scheme, Cumulative Deposit, Current Account.
Advances - Casy Mithra, Gold Loan / Kanakashree, Educational Loan, Casy Cash Scheme, Tax Payer's Liquidity Scheme, Medicash, Home Loan, Prime Lending Rates/Service Charges, Priority and Non-priority lending rates, Doctor's & Hospitals, Electronic Equipments, Personal Loan, Small Borrowers, Trade & Industry, Agricultural Finance, Car Loan, VIP Car Loan, Fair Practice.
NRI Services - NRO Account, NRE Account, FCNR Account, RFC Account, Loans, Investment Opportunities, NRI Branches, IBD, CBA, Forex Rates, Help Desk.
Interest - Domestic Deposits, Non-Resident Deposits.

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