Don't let finances deter you from your education journey. Invest in yourself today.

Purpose:
To To provide financial assistance to pursue professional/ technical courses eg.- Engineering/ ITI/ Diploma/ Medical/ Dental/ MBA/ BCA/ CA/ Hotel Management/ Degree or diploma in computer or hardware courses etc. form educational institutes approved in India or outside India.

Features:
• Sanctioned as Term Loan for 05 years
• Loan to pursue technical/ professional educational courses in India or outside the country.
• Maximum loan up to Rupees 10.00 lakh in the country and Rupees 40.00 lac outside the country
• Loan available upto 90% of the cost of studies
• Lower interest rate for Female students

Advantage:
• Low Interest Rate
• Minimal Documents
• Minimal Processing Fee
• No hidden charges
• No Pre-payment penalty

Eligibility:
• Any person residing in Jodhpur district, who wants to pursue educational courses
• The already employed person or professional is also eligible to apply loan


Rate of Interest:
• Rate 12.00% for male students and Rs 11.50% for female students
• ROI is calculated on daily reducing balance

Charges:
• Minimal Processing Fee
• Other Charges: Document stamp charges as prescribed by the Government

Documents Required:
• Application form duly filled and signed
• KYC Documents of the applicant, student and 02 guarantors
• CIBIL reports of the applicant and 02 guarantors
• Last 03 year Income Tax Returns of the applicant and 02 guarantors
• Appropriate mark sheets of the student
• Admission letter issued by the institute to pursue the course
• Property documents of the property to be pledged against loan
• Legal opinion about the property rendered by a legal expert among of bank’s panel
• Valuation report of the property by bank’s valuer
• Affidavit by the applicant


*Terms & Conditions apply. For further details, Please contact your Nearest Branch