Eligibility
The candidate must have a satisfactory track record during his previous academic pursuit, particularly in terms of academic performance, with admission approval from the institution, where he/she intends to pursue his/her further studies.


Important Documents
All the necessary certificates and documents showing the applicant's previous academic record and admission approval.


Processing period
Within a period of thirty days.


Maximum amount

	Rs. 8,00,000 (for studies in India)
	Rs. 10,00,000 (for studies abroad)

Rate of Interest
If the studies are to be pursued in India, for an amount upto Rs: 2,00,000: 13.5 % p.a. For the amount exceeding Rs. 2,00,000: 15.5% p.a. Collateral along )with third party guarantee needed.
For loans to be taken for studies abroad, interest rates are same as those mentioned above.


Tenure
8 years.


Repayment
After the course is completed.

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
Kodialbail, Post Box No.716
Mangalore - 575 003
Website: www.karnatakabank.com