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Educational Loan - Mysore Bank
MYSORE BANK PROFESSIONAL COURSE SCHEME FOR DOCTORS :

SBM, Founded by Sir.M.Visweahwaraya, has framed a scheme for the Professional in the field of medicine for pursuing higher studies in recognized university / institutions in India/Abroad.

To Meet:

(i) . Tuition and other fees.
(ii).Maintainance Cost / Hostel Fees
(iii).Cost of Books and Equipment.
(iv). Cost of Passage ( for studies abroad)

Pre Requisite :

(i). Admission offer from any Recognized University.
(ii).Details of income of Parent / Guardian.

Margin:

10% of the total cost.

Interest:
Compounded at quarterly intervals on reducing balance.

Repayment:
The loan to be repaid in 48 months installments after completion of the course or securing a Job whichever earlier.

Security:
Security consisting of any of the following :

Government securities, UTI Bonds, NSC's, LIC Policies, Bank Deposits of equitable Mortgage of immovable property. Third party guarantee, if is insufficient.

For further details Contact : STATE BANK OF MYSORE - Zonal office your nearest branch of SBM.

View MoreDetails : http://www.statebankofmysore.co.in/gnanamitra.htm

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