Must have obtained admission in a reputed institute in India or abroad.

Repayment :

• After completion of course.
• Maximum Amount for India : Rs 750000.
• Maximum Amount Overseas: Rs 1500000.

Documents to be submitted :

Admission slip, residence proof, age proof, letter from institute.

Time to Process: A Fortnight

Interest Rate :

In India ………….Upto Rs 400000 …………. 11.5%

Above Rs 400000 …………12.5%

For Overseas ……Upto Rs 400000…………... 11.5%

Above Rs 400000 …………12.5%

Collateral and Third Party Guarantee required.

Tenures: Maximum of Seven Years

Contact:

Delhi Tel: 3316777 ,Bangalore Tel: 2219762, 2219767 ,Chennai Tel: 8522940, 8550068 Hyderabad Tel: 3201803, 3201298 , Kolkata Tel: 2821514, 2294823,Mumbai Tel: 2189286.

Website:www.obcindia.com

• Maximum Amount for India : Rs 100000
• Maximum Amount Overseas: Rs 500000.
• Documents to be submitted: Bank documents, Academic records.

Interest Rate in India :

Upto 4,00,000…………………………………12%,
Above Rs 4,00,000……………………………13.5% pa..

Interest Rate for Overseas:

Loans Upto 400000…………………………….12%,
Above Rs 400000……………………………….13.5% pa.
Collateral and Third Party Guarantee are required.

Tenures:

Maximum of 5 years.

Eligibility:

1st class marks in previous exams and selected for professional course.
Repayment 1 year after completion of course or 3 months after getting a job whichever is earlier.

When to Apply:

After getting Admission in college/institute.

Time taken to process documents:

1 Week

Contact:

Delhi Tel: 3350248, Bangalore Tel: 2242932, Chennai Tel: 4991868, 4994294, Hyderabad Tel: 4756023-25, Kolkata Tel: 2471359, Mumbai Tel: 2046160, 2047620.

Website:www.andhrabank.in