STUDENT EDUCATION LOAN IN INDIAN

a)             Eligibility Criteria for Students

b)             COUSES ELIGIBLE FOR GETTING LOAN

c)             Bachelor Degree courses like B.COM, B.A, B.Sc and others

d)             Master Degree courses and Ph.D programs

e)             Professional courses like Management, Engineering, Law, Computer, Agriculture, Dental, Medical, Veterinary and others.

f)              Certificate courses in Computer offered by reputed institutes which are accredited to the Department of electronics or institutions certified by a university.

g)             Other courses like CA, ICWA and CFA.

h)             Programs which are conducted by the reputed institutions like IIT, XLRI, IIM, NIFT, IISc.

i)              Regular diploma and degree courses like pilot training, Aeronautical, shipping and others. The courses offered should be approved by the Director General of Civil Shipping or Aviation.

j)              Courses that are conducted by the renowned foreign universities.

k)             Evening courses which are conducted by the approved institutes.

l)              Various diploma and degree courses conducted by various colleges and universities approved by Govt., ICMR, UGC, AIBMS, AICTE and others.

• Bachelor's Degree-Professional and technical courses which are offered by various reputed universities.
• Master's Degree-MS, MBA, MCA and others.
• Programs offered by CPA in USA and CIMA in London.
• Various regular diploma and degree courses in pilot training, aeronautics or shipping approved or recognized by the competent local shipping or aviation authority.

Quantum of Loan
The maximum amount given as loan for studies in India is Rs. 10 lacs. Rs. 20 lacs is the maximum amount for studies abroad.
Expenses to be considered for Loan

• The loan includes fees to be paid for colleges, hostel charges, examination fees, and laboratory and library fees.
• It also covers expenses for purchasing all the necessary articles required for completion of the courses.
• Travel expenses and money for purchasing computers are also provided to the students.
• Other payments like building fund, refundable deposit and caution money are also included.