|
|
NKGSB CO-OP BANK LTD is a leading co-operative Bank and the preferred Banking partner of IISM. With a core operating principle of providing customers with the best of products and services, it has drawn a student friendly loan scheme both, secured and unsecured loan category for students from Mumbai, Pune, Nashik, Kolhapur, Belgaum, Hubli, Karwar, Sirsi, & Goa who wish to avail an educational loan for payment of their IISM course fees.
|
Details of the special IISM education loan
| Purpose |
: |
Educational Loan |
| Maximum Loan |
: |
Rs 2.00 lacs per Student. |
| Borrower |
: |
Applicant: Student
Co-applicant: Earning Parent. |
| Guarantors |
: |
1-2 Guarantors |
| R.O.I. |
: |
Secured Loan - 10.25% (Girls) & 10.50% (Boys)
(Security acceptable to Bank)
Unsecured Loan- 12.50% (As a special case) |
| Minimum Residual Period of Service |
: |
5 years (Including Moratorium of up to 1 years) |
| Repayment Justification |
: |
Income base of parents. |
| Processing Fees |
: |
Nil - (As a special case) |
| Documentation Charges |
: |
As applicable. |
| Share Linkage |
: |
As per norms |
| Scheme Eligibility |
: |
All the students who have letter of enrollment from the institute.
Area of operation:-
For the students from Mumbai, Pune, Nashik, Kolhapur, Belgaum, Hubli, Karwar, Sirsi, & Goa. |
|
|
