Sunday 21 July 2013

.:: Catholic Syrian Bank ::.

It Provides financial assistance to deserving students to pursue higher/professional/technical education in India and abroad.

Eligibility 
For School Education including Plus Two, Graduation Courses, Post -Graduation Courses etc 

For Courses of study abroad, the student should be an Indian National who has secured admission to professional courses through Test/selection process , to foreign University institutions. 




Purpose 

To meet the tuition and other fees, cost of Books, Computers, refundable deposits supported by Bills/Receipts, travel expenses for studies abroad etc. 

Quantum of Finance 
Studies Abroad - Rs. 15 lakhs 

Rate of Interest 

Upto Rs.4 lakhs 12.00% p.a. 

Above Rs.4 lakhs 12.50% p.a. 
Security 
Upto Rs. 4 lakhs -Nil 
Above Rs. 4 lakhs -Collateral security of value twice the loan amount. 
Margin 
Upto Rs. 4 lakhs - Nil 
Above Rs. 4 lakhs – Study in abroad-15% 

Repayment 

To commence after one year of completion of the course or 6months after getting the job, whichever is earlier. Repayment in 5 to 7 years. 

Guarantee 

Personal Guarantee of parents. 
Attractive features 
No Processing Fee. 1% rebate on interest during holiday period, if interest is remitted promptly during the period. 

Rate of interest - Upto Rs.4.00 lakhs - 12.50% p.a 

Above Rs.4.00 lakhs-13.00% p.a 

For more details  :Click here







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