Purpose
- For Higher study in India and abroad.
Courses Eligible
Study In India:
- Graduation, Post-graduation including regular technical and professional Degree/Diploma courses conducted by colleges/universities approved by UGC/ AICTE/IMC/Govt. Etc
- Regular Degree/ Diploma Courses conducted by autonomous institutions like IIT, IIM etc
- Teacher training/ Nursing courses approved by Central government or the State Government
- Regular Degree/Diploma Courses like Aeronautical, pilot training, shipping etc. approved by Director General of Civil Aviation/Shipping/ concerned regulatory authority
- Professional course like CA, CS, ICWA, CFA etc.
- Professional Courses relating to Engineering, Medical Agriculture, Veterinary, Law, Dental, Management, , Ayurveda, Homeopathy, Physiotherapy.
Study Abroad:
- Job oriented graduation courses such as professional/Technical, etc. offered by reputed universities.
- The Post graduation courses such as MBA, MCA, MS etc.
- Professional Courses conducted by CIMA (Chartered Institute of Management Accountants) – London, CPA (Certified Public Accountant) in USA etc.
Expenses Covered
- Fees payable to the college / school / hostel.
- Examination / Library / Laboratory fee.
- One way air fare for overseas study.
- Purchase of Books/Equipment/Instruments/Uniforms, Purchase of computers- essential for completion of the course.
- Caution Deposit/Building Fund/Refundable Deposit (maximum 10% of tuition fees for the entire course)
- Travel Expenses/Passage money for studies abroad
- Any other expense required to complete the course – like study tour, project work, thesis, etc.
Documents
Student Documents
- Proof of Identity (Any one):- PAN/ Passport/ Driver’s License/ Voter ID card
- Proof of Residence Address (Any one):- Recent copy of Telephone Bill/ Electricity Bill/Water Bill/ Gas Bill or copy of Aadhaar Card / Passport/ Driving License
- 2 passport-size photographs
- Passport to be mandatorily submitted in case of Studies Abroad
- Copy of mark sheet of the 10th, 12thstandard and last exam passed by the student.
- Letter from AITCE/MCI approved colleges confirming the admission and fee schedule for the full course for which student has opted,
- Evidence, quotations for other expenses eligible to cover for loan limit.
Co-Applicant Documents
- Proof of Identity (Any one):- PAN/ Passport/ Driver’s License/ Voter ID card
- Proof of Residence Address (Any one):- Recent copy of Telephone Bill/ Electricity Bill/Water Bill/ Gas Bill or copy of Aadhaar Card / Passport/ Driving License
- 2 passport-size photographs
- For salaried person last three months salary slip with Form-16
- For Businessmen, professionals last two years audited Financial Statements along with ITR copies.
- Statements of SB account for the last six months.