Eligibility

Students who secure admission to the following institutes:

• S. P. Jain Institute of Management and Research (SPJIM), Dubai and Singapore
• Indian School of Business (ISB), Hyderabad
• National Institute of Technology (NITs)
• Indian Institutes of Technology (IITs)
• National Institutes of Fashion Technology (NIFT)
• Birla Institute of Technology & Science (BITs)
• Vellore Institute of Technology (VIT)
• Indian Institute of Science (IISC)
• Symbiosis Institute of Business Management (SIBM)
  Short duration/Executive courses at the above mentioned institutes (except for ISB, Hyderabad) are not covered under the scheme.

To meet tuition fees, cost of books, hostel, mess charges, equipment including laptop, living expenses etc.

Margin/ Quantum of Loan/ Reat of Interest

Processing Charges Nil

Repayment Period: 7 years (maximum)

Repayment Holiday/ Moratorium Period:

For Post Graduate Programme in Management for Senior Executives at ISB -
Interest will be serviced during the course period
EMI will start from the succeeding month after completion of the course.
For all others
Course Period + 1 year or 6 months after securing employment whichever is earlier.

Security : NO collateral security is required; Guarantee of parent or spouse is required.

Contact Details

Head Office
Union Bank of India,
239 Vidhan Bhavan Marg, Central Office,
Nariman Point, Mumbai -21
Phone : 022-22892000
Website : visit
Union Bank of India Regional Offices