Education and Career Forum

Hello everyone, I want to get the details of the Education Loan scheme of the education loan facilitate by Catholic Syrian Bank because I want to study BTech in IIT. I went to bank for this purpose but couldn’t understand about these things. Kindly tell me about this as soon as possible.

Important details regarding the education loan scheme in Catholic Syrian bank are given as follows.

<> You must be a citizen of India.

<> You are interested to study in IIT , so you need to get good rank in IIT JEE and should get admission from IIT.

<> So you need to get admission letter from the institute

<> Maximum quantum of loan in india will be 7.5 lac

<> Upto 4 lakh there is no margin and more than 4 lakh margin of 5%.

<> Upto 4 lakh there is no collateral security required and personal guarantee of parents is needed.