Saral Educational Loan-SEL

Loan Eligibility

  • To the parents of students on becoming members of our Bank.

Quantum of loan

  • As mentioned in Interest chart

Repayment

  • Repayable in 10 installments � 10 Months

Rate of Interest

  • As per Rate of Interest Chart (Subject to changes / revision from time to time).

Purpose

  • For payment of tuition and other fees

Security

  • Immovable Property or any Movable asset

Sureties

  • One surety of sufficient means.

Documents Required

  • Letter of Admission of the student to the school
  • Certificate on tuition and other fees payable
  • Payment of fees directly to the school / Institution
  • Precessing fees @ 1 % only
  • Other terms & Conditions as applicable in the instant case

For more details / clarification please contact your nearest branch.

Saral Educational Loan-SEL
AMOUNT 10M
Upto Rs. 10,000/- 8.00%
>Rs 10,000/- to Rs 15,000/- 9.00%
>Rs 15,000/- to Rs. 25.000/- 11.00%