Educational Loan | TSCAB
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Loans, Savings

Educational Loan

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.

Educational Loans:

  • 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%