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Corporation Bank 

Scheme Vidya Laxmi
Max. loan (local studies) Rs. 350,000 /-
Max. loan (foreign studies) Rs. 350,000/-
Maximum  upto 75.00% financed
Maximum tenure In India: 5 yrs, abroad: 7 yrs
Interest (%) Upto Rs 25,000: 12%; Rs 25,000 to Rs 2 lakhs: 13.1%;
above Rs 2 lakhs: 16%
Security Yes (for loans above Rs 2 lakh)
Repayment holiday 1 year
Guarantors 2
Insurance policy No
Age 15 to 25 yrs
Courses financed Graduate, post-graduate, management, technical and computer courses
Marks obtained Good academic record
others Loan tenure is measured from the date of completion of studies


 
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