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Vijaya Bank
Vijaya Bank is one of the reputed banks that offer
educational loans in India. The main objective of the bank is to
provide top quality financial services to its customers. Vijaya
Bank education loan is offered to the deserving students willing
to pursue their higher education in India and abroad. Scroll
down the page to learn more about Students Loans from Vijaya
Bank.
Eligibility
Student should be an Indian National and should have secured
admission to the relevant Professional/ Technical courses in India
or Abroad through Entrance Test/ Merit Based Selection process.
Courses Eligible for Vijaya Bank Student Loan
(a) Studies in India
- Vijaya Bank education loan is granted to students
willing to pursue full time courses (graduation, post
graduation, professional courses, doctorate, computer
certificate courses affiliated to university or approved by
Department of Electronics), courses offered by foreign
universities and part time evening courses.
Various programs conducted by prestigious institutions like IISc, NIFT, IIT, XLRI and IIM
Various courses like CFA, ICWA, CA and others.
Programs related to pilot training.
Courses conducted by M/s. Frankfinn Institute of Air Hostess.
Courses conducted by IIM, IIT, IISC, XLRI, NIFT, etc
(b) Studies Abroad
Vijaya Bank offers education loans to students willing to pursue their higher education in abroad. It provides financial assistance to the students to complete graduation, post graduation and pilot training programs certified by competent authority of a particular nation. It also provides loans to students willing to join the programs offered by CPA in USA and CIMA-LondonLoan Amount
Studies in India : Maximum Rs.10.00 lakhsStudies abroad : Maximum Rs.20.00 lakhs
Rate Of Interest
BPLR - 1.50 % p.a. Floating Simple interest basis during study & repayment holiday period (upto one year after completion of the course or six months after securing a job, whichever is earlier) .Margin
Upto Rs. 4.00 Lakhs :NILAbove Rs. 4.00 lakhs
Studies in India: 5 %
Studies Abroad:15 %