• The applicant should be over 18 years of age and a confirmed employee of the allied organization / established of repute having a regular source of income.


• Where the applicant is not having any income source, any one Parent /Guardian having a regular source of income can apply as Co-borrower.


• Repayment Period is 84 Months including moratorium period of max 24 month


• Share Holding - 1% of loan amount

Financial Document

• Of the Co-applicant , i.e. parent : Income Proof required for last 3 years, in form of Form No. 16 for Salaried
• Of the Co-applicant , i.e. parent : Income Proof required for last 3 years, in form of ITR of 3 Years for Non Salaried
• 6 Months Bank Statement of SB and CA Account

Other Documents

• Proof of age and educational qualification such as Mark sheet, Degree Certificate etc.
• Proof of admission to the course with fee structure.

Collateral Security for loans

• upto Rs.2 Lakhs: NIL **
• above Rs.2 Lakhs:- 100% of loan amount

** terms and conditions apply

• Two guarantors having a regular source of income including any family members filing regular Income Tax Returns.

• Margin money of 20% of course fee to be deposited in the A/c. 100% of course fee will be remitted by pay order in favour of the institutions as per their course fee / payment schedule.