Suhana Safar Loan Scheme

For Destinations within india -
Loan available maximum upto R.1,00,000/- with repayment period of 24 months

For Foreign Destinations -
Loan available maximum upto R.2,00,000/- with repayment period of 36 months.

Eligible Criteria -
Permanent service with minimum monthly income of Rs. 10,000-or if business, latest 2 years Income Tax Returns

Limit: Based on fees structure of entire duration of the course.
          For studies in India - upto Rs. 10.00 Lacs
          For studies abroad - upto Rs. 20.00 Lacs

Eligibility: 1. Applicant (if not a minor) should be an 'A' class member. In case the student is a minor, parent / Guardian should be the principal borrower, and student co-borrower.

2. minimum 70% marks in aggregate and 75% in revelant subjects (PCM/PCB) in all preceding Board / University exams. For post-Graduation courses in Management, student should have secured at least a first class in the degree examinations.

Rate of Interest: Attractive rate of interest.

Repayment Period: Convenient Repayment Option, Maximum 5 to 7 years. Repayment will start after six months from completion of education of education or getting job whichever is earlier.

Disbursement: Annually / Semi-Annually provided student passes previous exam in first attempt.

Security: Mortgage of immovable property of parents, in addition to two Guarantors acceptable to Bank.

Minimum Documentation.
Minimum Processing fees.

Doctor Hello loan Scheme

The scheme is especially devised for medical professionals with / without specialization planning to set up a new Clinic / Polyclinic / Nursing Home or renovation / expansion of the existing premises. etc.

The features of the scheme will be as under:

Purpose of loan - Purchase of equipments, premises furniture, renovation of clinic, taleover of existing loans. ambulance, car for personal use.

Eligibility - a) 75% of cost of equipment / cost of premises / 60% cost of renovation, furniture and fixtures.
                b) Based on existing income level out of practice of medical profession and / or projections.