Educational Loan


A Class members of the bank are eligible for availing loan for pursuing the courses in institutions approved by Union or State Governments and All India Council for Technical Education (AICTE) – students can take a loan jointly with his guardians/parent, if he is over 18 years of age and otherwise the loan will have to be taken by the guardian/parent. Student should have first class in the qualifying examination

Courses eligible

Graduate courses (BA,BSc,Bcom) post graduates courses and professional courses in Engineering, Medicine, Nursing, law, Management, Agricultural Science, Computer Science, fashion technology, Hotel Management and similar other courses.

Degree, Diploma and certificate courses in Chartered Accountancy (Institute of Chartered Accountants of India) Cost Accountancy (Institute of cost and works Accountants of India) CFA (Institute of Chartered Financial Analysts of India) and CMA (Chartered Institute of Management Accountants). Students those who are studying in recognized institutions and universities abroad are also eligible to apply.

Limit of assistence

Maximum limit for loan for pursuit of studies within the country and outside are 5 lakhs and 25 lakhs respectively.


Loan upto 85% of the total expenditure covering tuition fee, cost of books and equipments, Hostel fee, Exam fee, project cost and study tour will be provided.


Advance is made against the mortgage of landed property, plant and machinery and other fixed assets or the hypothecation of goods in trade, raw material in production and finished goods. Deposit of title deed can also be applied if the original prior documents are submitted along with the title to be mortgaged.