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


Objectives of the schemes
The Educational Loan Scheme outlined below aims at providing financial support to deserving/Meritorious students for pursuing higher education in India and abroad. The main emphasis is that every meritorious student though poor is provided with an opportunity to pursue with the financial support with affordable terms and conditions .No deserving students is denied an opportunity to pursue higher educational for want of financial support.

Eligibility Criteria

A. Courses Eligible
  a. Studies in India
    School Education including plus 2 stage
    Graduation courses: B.A., B.Com., B.Sc. etc.
    Post Graduation Course: Masters and Ph.D.
    Professional Courses: Engineering, Medical, Agriculture, Veterinary, Law, Dentistry, Management, Computers, etc.
    Computer certificate courses of reputed institutes accredited by Dept. of Electronics or institutes affiliated to the University.
    Courses like ICWA, CA, CFA, etc.
    Courses conducted by IIM, IIT, ISc, XLRI, NIFT etc.
    Courses offered in India by reputed foreign universities
    Evening courses of approved institutes

Other courses leading to diploma or degree conducted by college or universities approved by UGC/Govt./AICTE/AIBMS/ICMR


Courses offered by National Institutes and other reputed private institutions

  b. Studies abroad
    Graduation: For job oriented professional or technical course offered by reputed universities
    Post Graduation: MCA, MBA, MS
    Courses conducted by CIMA - London, CPA in USA etc.
B. Student Eligibility
  Should be an Indian National
  Secured admission to professional or technical courses through Entrance Text/Selection Process
  Secured admission to foreign university or institution

Expenses considered for loan:
  Fee payable to college/ school/ hostel.
  Examination/ Library/ Laboratory fee.
  Purchase of books/ equipment’s/ instruments/ uniforms.
  Caution deposit/ building fund/ refundable deposit supported by Institution bills/ receipt.
  Travel expenses/ passage money for studies abroad.
  Purchase of computers-essential for completion of the course.
  Any other expenses required to complete the course- like study tours, project work, thesis etc.

Quantum of Finance
  Need based finance subject to repaying capacity of the parents/students with following margin and ceilings.
    Studies in India - Maximum Rs.7.50 lacs
    Studies abroad - Maximum Rs.15.00 lacs
     Upto Rs.4.00 lacs NIL  
  Above Rs.4.00 lacs Studies in India 5%
    Studies Abroad  15%
Scholarship/assistantship to be included in margin.
Margin may be brought- in on year-to-year basis as and when disbursement are on a prorata basis.


Upto Rs.4.00 lacs No security
Above Rs.4.00 lacs Collateral security equal to 100% of the loan amount


Repayment holiday/Moratorium:
Course period + 1 year or 6 months after securing a job, whichever is earlier.

The laon to be repaid in 5-7 years after commencement of repayment.

Rate of interest

Upto Rs.15 lakh BoI BPLR - @ 10.75 p.a.
(The above rates are subject to revision as may be advised from time to time)

Processing Charges

No processing/upfront charges.

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.

Head Office
 PO Box No. 154, Tilak Marg,C Scheme
Jaipur - 302 005
Tel: 0141-2380420-27, Fax: 0141-22022394


Medical as Career
- Career Prospects
- Career Articles
- Career News

Medical College
- College Details
- College Reviews
- College Ranking

Medical Entrance
- Exam Dates
- Exam Details
- Exam Notifications

Medical Forum
- MS/MD/Diploma
- DM/M.Ch.

Info U Can Use
- Useful Sites
- Scholarships
- Education Loan

Admission Guide
- MS/MD/Diploma
- DM/M.Ch.


© 2003-2016 EduPro Technology (P) Ltd.        About Us      Contact Us