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Federal Bank
Vidya Loan
| Eligibility : |
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Student
- Students of Indian Nationality
- Simply walk in with the marksheet of the qualifying exam. and proof
of admission.
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Loan Details
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Purpose
For Studies in India & Abroad
Quantum
Security
- Co-obligant/Collateral Security
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| Rate of Interest |
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| Repayment |
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Special Vidya Loan
| Eligibility : |
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- 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
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Loan Details
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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.
Quantum
- For Studies in India - Up to 10 Lakh
- For Studies Abroad - Up to 20 Lakhs
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| Rate of Interest |
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| Repayment |
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Period
Course period + 5 - 7 years
Repayable in equal monthly installments in 5 to 7 years after moratorium
period
No repayment during moratorium period
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Contact Details
The Federal Bank Limited
Federal Towers, Aluva - 683 101, Kerala, India
Telephone No. : +91-484-2623620 to 29
Fax No. : +91-484-2622672
E-mail : Contact
Now
Website : visit |
Note : Since
the rules, regulations, eligibility conditions, repayments and interests rates
etc. are revised by the banks from time to time in keeping pace with the changing
capital market conditions, students and parents are advised to thoroughly check
the terms and conditions of educational loan scheme on offer at the time of application.
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