all about medical
 Date : 5/27/2018 
 Bank Loan
 Allahabad Bank
 Andhra Bank
 Bank of Baroda
 Bank of India
 Bank of Maharashtra
 Bank of Rajasthan
 Canara Bank
 Catholic Syrian Bank
 Central Bank of India
 Corporation Bank
 Dena Bank
 Dev. Credit Bank
 Federal Bank
 IDBI Bank
 Indian Bank
 The J & K Bank
 Karnataka Bank
 Lakshmi Vilas Bank
 Lord Krishna Bank
 Nedungadi Bank
 Punjab National Bank
 Punjab & Sind Bank
 State Bank of
         Bikaner & Jaipur
 State Bank of
 State Bank of India
 State Bank of Indore
 State Bank of
 State Bank of    
 State Bank of
 Syndicate Bank
 UCO Bank
 United Bank of India
 United Western Bank
 Vijaya Bank
 Vysya Bank


The guardian of the applicant should be an income tax payee and he must be able to repay the loan amount. The age of the applicant must be above 18 years and income of his guardian should exceed Rs. 10,000 per month.

Important Documents
Marks sheets of the examinations as required by the bank authorities, Proof of residence, copies of photographs, proof of parent's/guardian's income, along with the admission approval.

Processing period
Within a period of fifteen days.

Maximum amount

 Rs. 1,00,000 (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. 4,00,000: 12% p.a. For the amount exceeding Rs. 4,00,000: 16% p.a. Third party guarantee needed.
For loans to be taken for studies abroad, interest rates are same as those mentioned above.

5 years.

After one year.

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.

Administrative Office
PB No.2, Salem Road Kathaparai, Vengamedu Post
 Karur - 639 006


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