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.