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
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