Education Loans offered by Vijaya Bank

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Education Loans offered by Vijaya Bank
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IBA Model (India Abroad)

• Purpose Loan for pursuing higher studies in
  professional technical courses both in India
  and Abroad.
• Eligibility
• Indian National (student) who has secured
  admission for higher education in India/Abroad on
  the basis of entrance test/merit.
• Students from some of the top rated Indian
  institutions are awarded certain concessions. Top
  rated institutes include- IITs, IIMs, IISc
  Bangalore, ISB Hyderabad, BITS, AIIMS, NITs, IIFT
  Delhi, IMI Delhi, ISM Dhanbad, IRM Anand, SIBM
  Pune and XLRI Jamshedpur.
• Quantum of Loan
• Min No Limit
• Max
• ?10 lakhs for studies in India
• ?20 lakhs for studies abroad
• Moratorium Period Course period 1 year
• Repayment Period Up to 15 years for all loans
  (after moratorium period)

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IBA Model Skill Loan Scheme

• Purpose For pursuing skill development courses.
• Eligibility Student (Indian National) who has
  secured admission to any eligible course run by
  Industrial Training Institutes (ITIs),
  Polytechnics or school recognized by Central or
  State education Boards or college affiliated to
  recognized university, training partners
  affiliated to National Skill Development
  Corporation (NSDC)/Sector Skill Councils, State
  Skill Mission, State Skill Corporation.
• Quantum of Loan
• Min ?5000/-
• Max ?150000/-
• Moratorium Period
• 6 months after course completion, if course
  duration lt 1 year
• 12 months after course completion, if course
  duration gt 1 year
• Repayment Period After moratorium period
• Up to 3 years for loans lt Rs.50,000/-
• Up to 5 years for loans gt Rs.50,000/- loans lt
  Rs.1.00 lakh
• Up to 7 years for loans gt Rs.1.00 lakh

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Vidya Lakshmi

• Online platform where students can apply for
  education loan from multiple banks by filling a
  single form.
• Application Process
• Register with Vidya Lakshmi (www.vidyalakshmi.co.i
  n/Students/)
• Fill up the form
• Apply to multiple banks
• Supported by
• Department of Higher Education
• Department of Financial Services
• Indian Banks Association
• Implemented Maintained by
• NSDL e-Governance Infrastructure Limited (NSDL
  e-Gov)

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VIJAYA BANK

• Vijaya Bank is a PAN India Institution, serving
  diverse sectors of the society
• The Bank offers a bouquet of innovative and
  attractive products and services to its
  customers. It has also incorporated a host of
  latest Digital Banking products, to provide the
  best services to its customers.
• Digital Banking services are
• VPAYQWIK
• Mobile Banking
• Net Banking
• Vijaya UPI
• Twitter banking and many more
• For details, visit https//www.vijayabank.com

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THANK-YOU