Central Bank Educational Loans for higher studies in India or abroad,

Central Bank

Other Banks

Finance for Education-Central Bank

Cent Vidyarthi Scheme-Central Bank

Purpose to get Educational Loan from Central Bank:

Aims at bringing Education within the reach of students and help them improve their prospects in life.

Courses Approved :

For pursuing 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.
For pursuing 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-Central Bank:

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).

Amount of Loan-Central Bank:

India Upto Rs.7.50 lakh
Abroad Upto Rs.15 lakh

Margin-Central Bank:

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 )

Rate of interest-Central Bank:

Upto Rs.4 lakh PLR
Above Rs.4 lakh PLR + 1%

Central Bank

Related Web Pages

Central Bank studies In India and abroad Educational Loan for engineering course Educational Loan for computertechnology Educational Loan for Medicine Educational Loans in Central Bank Repayment of Loan-Central Bank Educational Loan for vocational courses Educational Loan for Diploma courses Rate of interest-Central Bank