- Loan to pursue Master’s Degree in Abroad
- Minimum Processing Charges
- High Quantum of Loan
- Lower Rate of Interest
- Reducing Balance Interest Rate
- No Prepayment penalty
- Quick processing and disbursement
Educational loan scheme for abroad studies from select top ranking Universities.
Collateral Coverage | Eligible loan quantum |
---|---|
100% and above | Minimum Rs7.50 lakh, Maximum no cap (as per project cost) |
Less than 100% | Maximum Rs 100 lakh |
10% of Loan amount.
(Margin may be brought in year on year basis as and when disbursements are made on a pro rata basis)
Collateral Security Coverage | Applicable processing charges |
---|---|
100% and above | 0.50% of sanctioned limit with Maximum of Rs.10,000 |
Less than 100% | 0.50% of sanctioned limit with Maximum of Rs.20,000 |
*The minimum competitive exam scores are stipulated as below,
SAT – 1250 & above
ACT – 26 & above
GRE – 300 & above
GMAT – 650 & above
Proof of Identity
PAN CARD/Driver’s License/Voter ID /Passport/ Aadhar Card etc.,
Proof of Residence
Driver’s License/Voter Id/Passport / Aadhar Card / Electricity Bill/Telephone Bill etc., /Business Proof related GST and others.