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Bank of Mysore
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Disclaimer:

Since the rules, regulations, eligibility conditions, repayments and interests rates etc are revised by the banks from time to time. students and parents are advised to check thoroughly the terms and conditions of educational loan scheme of respective bank on offer at the time of application.

Bank of Mysore

 

MYSORE BANK PROFESSIONAL COURSE SCHEME FOR DOCTORS

SBM, Founded by Sir.M.Visweahwaraya, has framed a scheme for the Professional in the field of medicine for pursuing higher studies in recognized university / institutions in India/Abroad.

To Meet :

  1. Tuition and other fees.
  2. Maintenance Cost / Hostel Fees.
  3. Cost of Books and Equipment.
  4. Cost of Passage (for studies abroad).

Pre Requisite :

  1. Admission offer from any Recognized University .
  2. Details of income of Parent / Guardian.

Margin :

10% of the total cost.

Interest :

Compounded at quarterly intervals on reducing balance.

Repayment :

The loan to be repaid in 48 months installments after completion of the course or securing a Job whichever earlier.

Security :

Security consisting of any of the following:
Government securities, UTI Bonds, NSC's, LIC Policies, Bank Deposits of equitable Mortgage of immovable property. Third party guarantee, if is insufficient.

Website:www.statebankofmysore.co.in


 


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