Loan of Canara Bank

VIDYASAGAR - EDUCATIONAL LOAN SCHEME

• Nature of Course / Study

  Financial assistance to needy and meritorious Indian students for pursuing studies from High School onwards including graduation, technical and professional courses.

  Loans are also provided for study abroad for job oriented courses at degree level and advanced studies in all areas for post-graduation.
  
  

• Purpose of loan

  For payment of fees to school/college and for purchase of books, hostel fees, examination fees, etc.
  
  

• Eligibility Conditions

  Need based finance is permitted within a maximum of Rs.7.50 lakhs for inland study and Rs.15 lakhs for study abroad.

  Institutions offering courses should have approval of Central Govt. & State Govt./University affiliation/Autonomous Institutes/AICTE/DOEACC.
  
  

• Margin

  Upto Rs.4.00 Lacs	Nil for both inland and Foreign Studies
  Above Rs.4.00 Lacs	5% for inland studies 15% for studies abroad