Welcome Guest | Sign in | Register | Select Country
  myCareerEngine myCareerEngine
Country Search Career Search Study Abroad Finance Disucussion Forums Exam Dates
Search College
   * Required
Home » Finance » Education Loan Info » Syndicate Bank  
Education Loan Scheme - Syndicate Bank
This loan is given to the Indian citizens who look forward to pursue higher education in India or abroad where admission has been ensured.
Approved Courses:
Professional courses or courses at graduation or post-graduation level
Other courses (including evening courses) sanctioned by UGC, Government, AICTE, AIBMS, ICMR, etc.
Computer Certificate Courses offered by reputed institutes accredited to Department of Electronics or affiliated to University
Courses offered in India by foreign universities of repute.
Courses offered in the Institutes of National Importance and reputed private institutions.
Amount of loan:
For studies in India, maximum Rs. 10 lacs.
Studies abroad, maximum Rs. 20 lacs.
Interest Rate:
For loans up to Rs. 7.50 lacs, PLR (12%) minus 2.00%.
For loans above Rs. 7.50 lacs, PLR (12%) minus 2.50%.
No margin for loans up to Rs. 4 lacs.
5 percent and 15 percent margin for studies in India and abroad, respectively for loan amount exceeding Rs. 4 lacs.
Repayment Tenure:
Repayment will begin after one year of completion of course or after six months of securing a job, whichever is earlier. The loan is to be repaid in 7 years after commencement of repayment.
To know more, please visit: www.syndicatebank.in
Country Search
Career Search
A-Z Search
School Search
Entrance Exams in India
Courses in India
Scholarship Info
Education Loan Info
Study Abroad
Info Pages
About Us
Contact Us
Update Institute information
Advertise with Us
Useful Links
Education Awareness
Discussion Forums
Exam Dates
Online Training
Student Loan Calculator
Copyright © 2010 myCareerEngine. All rights reserved.
Find us on Facebook
Find us on Twitter
Follow us