
Dr Pattabhi Vidya Jyothi Scheme
(Educational loan for study in India and abroad )
Eligibility:
Age: 12-30 years for studies in India
18 to 35 years for study in other
countries
Qualifying Marks Exempted
Quantum of Loan:
Maximum
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Rs.7.50 Lacs for studies in India
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Rs. 15.00 Lacs for Studies Abroad |
Purpose of Loan:
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To meet cost of Tuition fee,
Hostel fee, Examination fee, Books, Project work, Study tours, and
Refundable deposits.
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Air Passage and maintenance,
for abroad studies. |
Margin:
Upto Rs.4.00 Lacs Exempted
Above Rs.4.00 Lacs 5% In India , 15% for Abroad Studies.
Security:
Upto Rs.4.00 Lacs--Exempted
Above Rs.4.00 Lacs--Collateral Security of suitable value
Interest:
Upto Rs.4.00 Lacs--@PLR
Above Rs.4.00 Lacs--@PLR+1%
Interest is charged on simple basis during study period.
Important
Since the rules, regulations, eligibility conditions, repayments and
interests rates etc. are revised by the banks from time to time in keeping
pace with the changing capital market conditions, students and parents are
advised to thoroughly check the terms and conditions of educational loan
scheme on offer at the time of application.
Head Office
Dr. Pattabhi Bhavan, 5-9-11, Saifabad
Hyderabad - 500 004
Gen: 040 - 23 0001
Fax: 040 - 21 1050(0)/24 8568
EMail:
abcmd@hyd.cmc.net.in
Website:
www.andhrabank-india.com
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