Shri Veershaiv Co-op. Bank Ltd.
(Multi State)

Education Loan

Education Loan

Empowering Dreams • Affordable • Student-Friendly

Turn your educational goals into reality with our easy and flexible Educational Loan Scheme, designed to support your academic journey in India or abroad.

Purpose

  • To meet expenses related to Degree or Post-Graduation courses in Engineering, Medical, Management, Agriculture, IT, or Education.
  • To cover Tuition Fees, Hostel Fees, and purchase of Books or Study Materials.
  • For Air Travel or other travel expenses for overseas education.

Loan Details

  • Maximum Loan Amount: 75% of total educational expenses (up to ₹20,00,000), subject to repayment capacity and security cover.
  • Margin: 25%
  • Interest Rate: 11.00% per annum
  • Repayment Period: Course Duration + 60 to 84 months
  • Moratorium Period: Course Duration + 1 year (Interest to be paid monthly during moratorium)

Eligibility

  • Student must have secured 60% or more marks in the last examination.
  • Admission must be confirmed to a recognized University or Deemed University in India or abroad.
  • Parents or Guardians to act as Co-borrowers.

General Info

  • Loan is subject to eligibility and repayment capacity.
  • Applicant must be a member of the Bank.
  • Bank reserves the right to amend the scheme without prior notice.

Invest in your future with confidence!

Secure your academic journey today. Apply now for a fast, flexible, and affordable Educational Loan to achieve your dreams without financial worries.

Apply Now
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