1. Rate of Interest with effect from 01.06.2007
Upto Rs.7.50 lakhs
11.25%

Above Rs.7.50 lakhs - Secured loans
10.25%

Above Rs.7.50 lakhs - Unsecured Loans
11.25%

(1% concession is available during repayment holiday period if the interest is serviced promptly as and when debited )

2. Repayment Holiday
Course period + one year OR 6 months after getting job, whichever is earlier.

3. Repayment
The loan to be repaid in 5 - 7 years after commencement of repayment.

For Eligibility information click here