My Profile
Active Members
TodayLast 7 Days
more...
Awards & Gifts
Online Exams
Fresher Jobs
Our fresher job section is exclusively for fresh graduates! Find jobs for freshers in major Indian
cities including Bangalore, Chennai, Hyderabad, Pune or Kochi
Resources
Find educational articles, blogs, discussion threads and other resources.
Colleges
Find details about any college in India or search for courses.
|
Educational Loan State Bank of Mysore
Posted Date: 04 Jul 2007 Resource Type: Articles/Knowledge Sharing Category: General
|
Posted By: B.SENTHIL KUMAR Member Level: Gold
Rating:  Points: 5
|
|
|
Gnanamitra - Educational Loan Scheme
To enable students with academic brilliance to meet tuition and other fees / maintenance costs / books and equipment and cost of passage for studies abroad etc., for pursuing studies at recognised school / college / institution.
Courses Approved - Higher studies
Diploma / Graduate / Post-graduate courses in the faculties of Engineering, Technology, Architecture, Medicine, Dental Science, Agricultural Science, Veterinary Science and Computer courses accredited by DOEACC.
Limit Amount of loan (in Indian Rupees-) State Bank of Mysore:
School / College going students in India 10000 to 1.00 lac
Higher Education- In India 10000 to 7.50 lacs
Higher Education- Abroad 10000 to 15.00 lacs
Margin - State Bank of Mysore
Upto Rs. 4.00 lacs -------- nil
Above Rs. 4.00 lacs
For studies in India -- 5%
For studies abroad -- 15%
Interest Amount Rate of interest State Bank of Mysore(wef 01/06/2001)
Upto Rs. 4.00 lacs 12.50%
Above Rs. 4.00 lacs 13.50%
Upto Rs. 4.00 lacs at Bank PTLR; above Rs. 4.00lacs @PTLR+1%
Interest Rates: Schemes and Interest Rates are subject to changes from time to time.
Period of Loan -State Bank of Mysore
Completion of course + 1 year or 6 months after getting a job, whichever is earlier.
The interest to be debited quarterly / half yearly on simple basis during the repayment holiday / moratorium period.
Penal interest @2% will be charged for amount above Rs.4 lacs for the overdue amount and overdue period.
State Bank of Mysore
|
Responses
|
No responses found. Be the first to respond and make money from revenue sharing program.
|
|
Watch TV Channels
|