Cent Vidyarthi Scheme:
Purpose: Aims at bringing Education within the reach of students and help them improve their prospects in life.
Approved Courses:
For pursuing Graduate/Post-Graduate, Management/Job-oriented courses, Professional Courses of recognized Universities / reputed Institutes, Computer courses conducted by NIIT, APTECH, CMC, C-DAC with duration of one year and more.
For pursuing Post-Graduate course in Science, Technology, Medicine, Engineering, Management courses, Law, Accountancy leading to Master's degree or Post-Graduate Diploma in recognized University abroad.
Eligibility:
Should have consistent good academic record in previous examinations with marks over 60 % in 10th.& 12th or first grade in other cases.
(For SC/ST Second class will be sufficient).
Amount of loan:
India, Upto Rs.7.50 lakh
Abroad, Upto Rs.15 lakh
Margin :
Up to Rs 4lakhs -nil
Over Rs.4 lakh in India- 5%
For studies abroad-15%
( Relaxation of loans up to Rs.50,000/-for SC/ST )
Rate of interest:
Up to Rs.4 lakh - PLR
Above Rs.4 lakh - PLR + 1%
For More Details Visit : https://www.centralbankofindia.co.in/Site/MainSite.aspx