Special Vidya Loan

Eligibility :
	Should be an Indian National Secured admission to professional/technical courses through Entrance test/ Merit based selection process Secured admission to foreign university / institutions (for studies abroad) Course & Institution should have necessary approval/recognition
Loan Details
	Purpose  The prime object is to provide every meritorious student though poor with an opportunity to pursue higher studies in India & Abroad with the financial support from the banking system with affordable terms and conditions. Quantum  For Studies in India - Up to 7.5 Lakh For Studies Abroad - Up to 15 Lakhs
Rate of Interest
	Up to Rs.4 Lakhs – 13.75 (BPLR) Above Rs.4 Lakhs – 14.75 (BPLR + 1%)
Repayment
	Period Course period + 5 - 7 years Repayable in equal monthly installments in 5 to 7 years after moratorium period No repayment during moratorium period

Contact Details The Federal Bank Limited Federal Towers, Aluva - 683 101, Kerala, India Telephone No. : +91-484-2623620 to 29 Fax No. : +91-484-2622672 E-mail : Contact Now Website : visit

Click here for the nearest bank branches

Note : Since the rules, regulations, eligibility conditions, repayments and interests rates etc. are revised by the banks from time to time in keeping pace with the changing capital market conditions, students and parents are advised to thoroughly check the terms and conditions of educational loan scheme on offer at the time of application.