The candidate must have a satisfactory track record during his previous
academic pursuit, particularly in terms of academic performance, with
admission approval from the institution, where he/she intends to pursue
his/her further studies.
All the necessary certificates and documents showing the applicant's
previous academic record and admission approval.
Within a period of thirty days.
|| Rs. 8,00,000 (for studies in India)
|| Rs. 10,00,000 (for studies abroad)
Rate of Interest
If the studies are to be pursued in India, for an amount upto Rs: 2,00,000: 13.5 % p.a. For the amount exceeding
Rs. 2,00,000: 15.5% p.a. Collateral along )with third party guarantee
For loans to be taken for studies abroad, interest rates are same as those
After the course is completed.
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.
Kodialbail, Post Box No.716
Mangalore - 575 003