Purpose: Pursuit of studies In India and abroad

Approved Courses:
Graduate and post-graduate courses in engineering, computer technology, medicine etc. All vocational courses/job oriented diploma courses, recognized by govt. and universities. Similar courses pursued in universities abroad. Full time post graduate research in any of the aforesaid subjects.

Eligibility:
Should be a citizen of India. For vocational training courses and job oriented course age of the individual should be between 15-28 years, and 18-30 in case of post graduate courses and/or studies abroad. The applicant should have a good academic record. For studies abroad, the candidate should have secured admission in a particular university after having appeared in the specific entrance examinations. The applicant should have secured a minimum of 50% marks in the major subject. In case of SC/ST candidates eligibility norms may be relaxed.

Amount of loan: 
The loan could vary depending on the specific subject requirement. For studies abroad Rs15 lakhs.For studies in India Rs 7.5lakhs

Margin :
Up to Rs 4lakhs -nil
For Studies in India- 5%
For studies abroad-15%

Repayment :
Within 15 years from the first date of disbursement, including moratorium period

Contact : 
Delhi Tel: 3312654, 3311557 
Bangalore Tel: 2212485, 2271130 
Chennai Tel: 8270041, 8276143 
Hyderabad Tel: 3315263, 3324487 
Kolkata Tel: 2481973, 2485703 
Mumbai Tel: 2023020

For More Details Visit : http://www.bankofindia.com/eduloans1.aspx