Education and Career Forum

Hello Sir/Madam, I am interested to apply in Short Term Study Loan Scheme of Tamilnad Mercantile Bank. Can you please let me know about the eligibility criteria for applying in this scheme so that I can apply. Waiting for your response. Thank you!

Eligibility to apply for Tamilnad Mercantile Bank Short Term Study Loan Scheme?

Nationality - Indian,

Age Minimum- 18 years Maximum- 35 years,

Academic record Proven- good,

Qualification Pursuing graduate/postgraduate degree or a PG diploma.

Eligibility to apply for Tamilnad Mercantile Bank Short Term Study Loan Scheme?

Employees of private limited companies, employees from public sector undertakings, including central, state and local bodies
Individuals between 21 and 60 years of age
Individuals who have had a job for at least 2 years, with a minimum of 1 year with the current employer
Those who earn a minimum of 25,000 net income per month.

Eligibility

The candidate must be an India

Must have secured admission in any of professional course

Must have taken admission ia a recognised institution.

The college must be a reputed college with good placement facility

Admission must be secured on the basis of entrance exam as well as merit.

Eligible courses include graduate courses/ postgraduate /PG diploma course , which are professional/technical or career oriented .

Eligibility for TMB Education Loan:-

1) Applicants should be an Indian National.
2) They must be secured in first class and be willing to be admitted in various professional / technical / other courses of study.
3) Applicants must ensure admission in foreign university institutions.
4) Any Student who has attained the age of 18 years or Parent of the Student can avail the loan.