all about medical
 Date : 12/13/2017 
 Bank Loan
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Eligibility
The applicant must have. had good academic records and also, he must be selected for a specific course.

Important Documents
The candidate must furnish his /her mark sheet, proof of admission, specifying the cost of course.

Processing period
Within a period of two weeks.

Maximum amount
  - Rs. 1,50,000 (for studies in India)
  - Rs. 3,00,000 (for studies abroad)

Rate of Interest 

-

If the studies are to be pursued in India, for an amount upto Rs. 25,000: 12.75% p.a., From Rs. 25,000 to Rs. 2,00,000: 14% p.a. For the amount exceeding Rs. 2,00,000: 16% p.a.
 
 


 
- For loans applied for studies abroad Upto 25,000: 12.75% and for the amount ranging between Rs. 25,000 to Rs. 2,00,000:14%, while for the amount of loan exceeding Rs. 2,00,000: 16% p.a.

Tenure
Till the course is completed.

Repayment
Within a period of 3 to 5 years or earlier


Important
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.


Central Office
C-3, Sardar Patel Marg, PB No.19
Jaipur - 302 001
Website: www.bankofrajasthan.com


 

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