MYSORE BANK PROFESSIONAL COURSE SCHEME FOR DOCTORS
SBM, Founded by Sir.M.Visweahwaraya, has designed a scheme for the Professional in the field of medicine for pursuing higher studies in recognized university / institutions in India/Abroad.
To Meet:
(i). Tuition and other fees. (ii).Maintainance Cost / Hostel Fees (iii).Cost of Books and Equipment. (iv). Cost of Passage ( for studies abroad)
Pre Requisite :
(i). Admission offer from any Recognized University. (ii).Details of income of Parent / Guardian.
Margin:
10% of the total cost.
Interest:
Compounded at quarterly intervals on reducing balance.
Repayment
The loan to be repaid in 48 months installments after completion of the course or securing a Job whichever earlier.
Security:
Security consisting of any of the following: Government securities, UTI Bonds, NSC's, LIC Policies, Bank Deposits of equitable Mortgage of immovable property. Third party guarantee, if is insufficient.
The contents are informative in nature. Candidates are advised to refer to the notice published on Official Websites of the organization(s) administering the particular Courses/Test(s) / Examination(s).
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