UNDER THE Vidya Vikasa Vardhini Scheme, the Bank is providing loans to students/parents of students for pursing professional courses like Engineering, Medicine, Computer Education and other courses including technical courses/job oriented courses. The loan is repayable at attractive rate of interest and easy repayment period.
- For pursuing School/ College/Higher education in India and Abroad..
- For College education in India – Rs.50, 000/- to Rs. 4, 00, 000/-.
For College education in Abroad upto Rs.20, 00, 000/-.
- Two sureties and collateral security to the extent of 100%.
- Or NSC, KVP or Term Deposit Receipts of TSCAB to the extent of 100% of the loan amount.
- Rate of Interest (Unsecured) – 13.00%.
- Education loans with collateral security – 12.50%