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Catholic Syrian Bank-

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 in India - Rs. 7.50 lakhs 

• Studies Abroad - Rs. 15 lakhs 

Rate of Interest

Upto Rs.4 lakhs   - 14.25.00% p.a. 
Above Rs.4 lakhs -14.75% p.a. 

• 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 India-5%, Study 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