Eligibility :
	Student Applicant must have secured admission to professional/ technical course through Entrance Test/ Selection Process. Secured admission to foreign University / Institution. No maximum or minimum income is prescribed for parents/ family. Courses a) Studies in India School education including plus 2 stage. Graduation courses leading to degrees like B.A., B.Sc., B.Com. etc. Post Graduate courses leading to Masters degrees as also Ph.D. Professional courses in Engineering, Medical, Agriculture, Veterinary, Law, Dental, Management, Computer, etc. Computer Certificate courses of reputed institutes accredited to Universities or DoE. Courses like ICWA, CA, CFA, etc. a) Studies abroad Graduation : Job oriented professional / technical courses offered by reputed Universities. Post Graduation : MCA, MBA, MS, etc. Courses conducted by CIMA – London, CPA in U.S.A., etc. Age Limit 18 to 25 years for graduation course – may be extended from 28-30 years for general and SC/ST candidates respectively. 21 to 28 years for post-graduation course etc. – may be extended from 30 -33 years for general & SC/ST candidates respectively.
Loan Details
	Coverage of Expenses Hostel/Boarding Fees including caution deposit/building fund etc. Books, Stationery & Equipment required for the course, including Computers. Examination/Library/Laboratory fees. Travel Expenses/Passage for studies abroad. Quantum Studies in India : Maximum Rs. 10.00 Lac Studies Abroad : Maximum Rs. 20.00 Lac. Margin Upto Rs. 4 Lac - Nil For loans above Rs. 4 lacs - Studies in India - 5% - Studies abroad - 15% Service Charge : There is no processing fee /upfront /service charge Security Upto Rs. 4 lacs - No Security For loans above Rs.4.00 lac -Collateral securities of suitable value.
Rate of Interest
	For loans upto Rs. 4 lakhs : BPLR minus 1.00%=11.25% p.a. For loans above Rs. 4 lakhs : BPLR minus 0.5%=11.75% p.a.
Repayment
	The loan will be repaid in 5-7 years after commencement of repayment. There will be moratorium for repayment during "the course period +1 year or 6 months after getting job, which ever is earlier". 1% interest concession may be provided, if the interest is serviced during moratorium period.