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Eligibility
Should have a good academic record
Maximum Amount for India
Rs.200000
Maximum Amount Overseas
Rs.600000
Documents to be Submitted
Mark sheets, admission approval, address proof, photograph, income proof
Time to Process
1 Week
Interest Rate
In India
Upto Rs.400000: 12% pa
Above Rs.400000: 13% pa.
For Overseas
Upto Rs.400000: 12% pa
Above Rs.400000: 13% pa Collateral and Third Party guarantee required
Tenure
Maximum of five years Repayment
Maximum after 3 months of completion of course or the date of joining of job, whichever is earlier For updated information please visit Indian Overseas Bank |
