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FINANCE
FOR EDUCATION
CENT VIDYARTHI
SCHEME :
Aims at bringing Education within
the reach of students and help them improve their prospects
in life.
'Higher
Studies in India'
For persuing Graduate/Post-Graduate,
Management/Job-oriented courses, Professional Courses of
recognised Universities / reputed Institutes, Computer courses
conducted by NIIT, APTECH, CMC, C-DAC with duration of one
year and more.
STUDIES
ABROAD
For persuing Post-Graduate course
in Science, Technology, Medicine, Engineering, Management
courses, Law, Accountancy leading to Master's degree or
Post-Graduate Diploma in recognised University abroad.
Eligibility
Should have consistent good academic
record in previous examinations with marks over 60 % in
10th.& 12th or first grade in
other cases.
(For SC/ST Second class will be sufficient).
Age
16 to 28 years
Relaxation by 2 years for SC/ST
Quantum
of Loan
India Upto
Rs.7.50 lakh
Abroad
Upto Rs.15 lakh
Margin
Up to Rs.4 lakh
No Margin
Over Rs.4 lakh
- In India
5%
- Studies Abroad 15%
Relaxation of loans upto Rs.50,000/-for
SC/ST
Interest
Upto Rs.4 lakh
PLR
Above Rs.4 lakh
PLR + 1%
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