The Topper for your children’s Higher Education

Ensure a bright future for your children. Provide them with the best of higher education in India or abroad. Avail Dena Vidya Laxmi Educational Loan.

You are eligible if:

·You are an Indian national and have secured admission to a professional or technical course in an Indian or Foreign university.

·Simply walk in with the marksheet of the qualifying exam. and proof of admission.

Course Eligibility

Study in India:

Graduation courses, Post-Graduation courses, Masters & PhD, Professional courses.

Study Abroad:

Graduation  :   For job oriented professional / technical courses offered by reputed universities
Post Graduation : MCA, MBA, MS etc.
Courses conducted by CIMA-London, CPA in USA etc.

Loan Amount

·Upto Rs.10 lakhs for studies in India.

·Upto- Rs. 20 lakhs for studies abroad.

Loan takes care of :

· Fee payable to colleges/ schools/ hostels

· Examination/ Library/ Laboratory fees.

· Purchase of books, equipment, instruments and uniforms.

· Passage fare for travel abroad.

· Purchase of computers needed to complete the course.

· Any other expense to complete the course like study tours, project work, thesis etc.

Margin

•Upto Rs. 4 lakhs- NIL for study in India and abroad.

•Above Rs. 4 lakhs- 5% for study in India and 15% for study abroad.

Rate of Interest

Please Check out the Interest Rates Section to find latest Interest Rates applicable.

1% interest concession if interest is serviced as and when due during the moratorium period when repayment holiday is specified.

SIMPLE INTEREST CHARGED DURING MORATORIUM PERIOD.

Process Fees

Rs.1000/- for studies abroad which is refundable on availing the limit.

Repayment