Catholic Syrian Bank Education Loan

Provides financial assistance to deserving students to pursue higher/professional/technical education in India and abroad.
Eligibility 

 For School Education including Plus Two, Graduation Courses, Post -Graduation Courses etc

For Courses of study abroad, the student should be an Indian National who has secured admission to professional courses through Test/selection process , to foreign University institutions.

Purpose

To meet the tuition and other fees, cost of Books, Computers, refundable deposits supported by Bills/Receipts, travel expenses for studies abroad etc.
Quantum of Finance 

 Studies in India - Rs. 7.50 lakhs
Studies Abroad - Rs. 15 lakhs
Rate of Interest

Upto Rs.4 lakhs  12.00% p.a.
Above Rs.4 lakhs  12.50% p.a.
Security 

Upto Rs. 4 lakhs -Nil 
Above Rs. 4 lakhs -Collateral security of value twice the loan amount.
Margin

Upto Rs. 4 lakhs - Nil 
Above Rs. 4 lakhs - Study in India-5%, Study abroad-15%

Repayment

To commence after one year of completion of the course or 6months after getting the job, whichever is earlier. Repayment in 5 to 7 years.

Guarantee

Personal Guarantee of parents.

Attractive features

No Processing Fee. 1% rebate on interest during holiday period, if interest is remitted promptly during the period. 

 For more Details  :       www.csb.co.in