Education and Career Forum

Hello everyone, I am looking forward to apply for an education loan in Karur Vysya Bank for studying BDS course. I would like to know about the terms and conditions for applying an education loan in this bank. Can anyone tell me?

Terms & Conditions under Karur Vysya Bank Education Loan Scheme for BDS aspirant;

There is no processing charges.
There is no margin up to loan amount Rs. 4 lacs.
Above Rs. 4 lacs:
For study in India - 5% margin
For studies abroad - 15% margin

Repayment tenure is 5-7 years after repayment holiday i.e. course period and 1 year or 6 months after getting job whichever is earlier.

Father / Guardian should be guarantor in case of Individual applicant.

Quantum of Loan is maximum Rs. 10 lacs studies in India and Rs. 20 lacs for studies abroad.

More details is available at;
https://www.kvb.co.in/personal/loans/educational-loan/