Educational Loan - Canara Bank

[Kalyan]

Canara Bank

Educational Loans

Offered for India at Undergraduate, Postgraduate for the duration of the course; not renewable. Subject: Unrestricted. (Only technical courses for which Reserve Bank of India clearance is available.

Eligibility:

Open to applicants who have 60% minimum marks in basic qualification and who have confirmed admission in a university in the UK. Interview is required. For bans up to and inclusive of Rs. 1,00,000, co-obligation from suitable person is required. For loans beyond Rs. 1,00,000, collateral security of property or other approved securities whose value is equal to the loan amount is required.

Value:

75% of the requirements of the course (maximum Rs. 10,00,000 for entire course), covering air fares, fees and maintenance.

Whom to contact:

Further information and application form can be had from Canara Bank, Head Office, Priority credit Section; Credit Wing, 112 J C Road, Bangalore 560002, or any other branch of Canara Bank.