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Maximum Amount for India: Rs.100000
Maximum Amount Overseas: Rs.500000
Documents to be submitted: Bank documents, Academic records
Interest Rate
In India
Upto Rs.400000: 12%
Above Rs. 400000: 13.5% pa
Overseas
Loans Upto Rs.400000: 12%
Above Rs.400000: 13.5% pa
Collateral and Third Party Guarantee are required
Tenure: Maximum of 5 years
Eligibility
1st class marks in previous exams and selected for professional course Repayment
1 year after completion of course or 3 months after getting a job, whichever is earlier
When to Apply
After getting admission in college/institute
Time taken to Process Documents
1 Week
For updated information please visit Andhra Bank |
