Vidya Loan Scheme
| Eligibility | The applicant should be Indian national pursuing after 10th Standard a Diploma, after 12th Standard, Graduation, Post Graduation in any faculty, Management/Professional Courses etc.
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| Purpose | Fees: Admission, Tuition, Examinations Other expenses, Books, stationery, Instruments, Equipment, Hostel/Mess charges. | ||||||
| Amount | For Entire period of Course Maximum upto Rs.10.00 Lacs in India Maximum upto Rs.20.00 Lacs - Abroad | ||||||
| Margin | 100 % Collateral Security. | ||||||
| Repayment | 12 months after completion of the course OR - 3 months after securing a job by the student whichever is earlier Maximum period 3 years. - Interest shall be paid by Parents/Guardians till the commencement of repayment. |
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©2016 The Malad Sahakari Bank Limited.