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TMB- Super Education Loan

To meet the educational expenses

Term Loan

  • Minimum loan amount - exceeding 10 Lakhs
  • Maximum Loan amount - 50 Lakhs

An Indian national who has got admission for PG courses in reputed institutions including private institution of repute through entrance exams like CAT, GATE, PMT and other entrance tests etc and PG courses in medicine in any college with or without entrance test.

Margin :

  • Study in India – 10%
  • Study Abroad – 20%

Repayment :

  • Course Period + 1 Year or 6 months after getting job whichever is earlier.
  • Maximum Repayment Period of Loan:
    • For Loans upto Rs.7.5 lakh - Upto 15 Years.
    • For Loans above Rs.7.5 lakh - Upto 15 Years.

Security :

  • Security can be in the form of Land / Building / Govt. Securities, Gold, Shares / Debentures / Mutual Fund Units / Bank Deposit in the name of the Student / Parent(s) covering 125% of loan amount.

Interest :

Fees & Charges

  • 1% of the loan Limit sanctioned without any maximum cap