Central Bank Education Loan, Educational Loan from Central Bank, Central Bank Educational Loan Schemes

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Central Bank

Finance for Education

Loan Program: Cent Vidyarthi Scheme

Approved Courses:

For pursuing Graduate/Post-Graduate, Management/Job-oriented courses, Professional Courses of recognized Universities / reputed Institutes, Computer courses conducted by NIIT, APTECH, CMC,
C-DAC, with duration of one year or more.

For pursuing Post-Graduate course in Science, Technology, Medicine, Engineering, Management courses, Law, Accountancy leading to Master's degree or Post-Graduate Diploma in any recognized University abroad.

Eligibility:	Should have consistent good academic record in previous examinations with marks over 60 % in 10th & 12th or first grade in other cases. (For SC/ST Second class will be sufficient).
Amount of Loan:	India	Upto Rs.7.50 lakh
	Abroad	Upto Rs.15 lakh
Margin:	Up to Rs.4 lakh	No Margin
	Over Rs.4 lakh - In India	5%
	Studies Abroad	15%
	( Relaxation of loans upto Rs.50,000/-for SC/ST )
Rate of interest:	Upto Rs.4 lakh	PLR
	Above Rs.4 lakh	PLR + 1%

For more details: http://centralbankofindia.co.in

For updated information please visit Central Bank

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