Purpose :

Education in India and Abroad.

Loan Amount :

  • Max. Loan amount for studies in India is Rs. 10.00 Lacs.
  • Max. Loan amount for studies in Abroad is Rs. 20.00 Lacs.
  • 75% of total course fees which include Tuition Fees, Exam. Fees, Cost of Course material, equipment, Library.
  • Fees will be disbursed directly to the college through pay order or DD.
  • Applicant should submit their passing certificate /marks memo every Year before the next installment of Loan amount.
Calculate Your EMI
Loan Amount($)
Years To Repay
Monthly Payment
Total Payment
Total Interest

Approax Result

Rate Of Interest / EMI :

Card Rates applicable (p.a.) Interest will be applied monthly basis on outstanding amounts. EMI Starts at Rs. 1766* per month. Depending on your tenure.

Period :

  • Maximum period for repayment is 84 months (Inclusive of moratorium period).

Security :

Bank will ask for collateral security of 125% of Sanction Amount.

Guarantor :

  • Two guarantors of good means are required.

Documents :

  • Applicant - Photo, Photo ID, Residence proof, Income Proof such as Last 3 months Salary slip or Last Three years Balance Sheet and Tax Returns, Quotation or Estimate with evidence.
  • Guarantor - Photo, Photo ID, Residence proof, Income Proof