Educational Loan
Overview
Helping hands when needed is the stepping stone for the success.
Cash for educational needs bridge the gap between your dreams and needs.....
As a parent you desire to provide the best education to the child. Cost of education these days is getting expensive. May be your child aspires to study medical or become a pilot or an architect, scientist, software engineer or a designer.
We at Agrasen Bank provide educational loans at easier terms that will enable you to help your child to fulfill his/her Career dreams.
Eligibility | Individuals |
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Type of Facility | Term Loan |
Amount of Loan | Domestic – 10 lakhs and Overseas – 20 lakhs |
Repayment | 5 to 7 years One year after completion of course or Securing employment whichever earlier |
Security | Regarding Mortgage of property 150% of the loan value |
Rate of interest | 12.00% to 15.00% |
Documentation | Term loan agreement |
Sanctioning Authority | General Manager / CEO / Board |
Margin | 20% - 25% |
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