| Purpose |
To undergo coaching for entrance tests for any course from a reputed/recognized organization |
| Eligibility |
The student should have passed minimum 10 th class |
| Duration of the course |
Should not be more than 6 months |
| Amount of finance |
Maximum Rs.0.50 lacs |
| Income of the parent |
NMI of Rs.4000/- in case of employees.NAI of Rs.50,000/- for other than employees |
| Security |
No collateral security is required. However, the parent/guardian of the student has to execute the document as a co-obligant |
| Repayment Period |
If availed 2 nd loan, 5 to 7 years after completion of the course otherwise 24 EMIs |
| Processing charges |
-- NIL -- |
