PSB Excellence- Education Loan Scheme For Premier Institutions (i.e. IITs, IIMs and ISB Hyderabad):
| Eligibility | Students who have secured admission in regular full time Degree / Diploma courses of all the IIMs, IITs and ISB Hyderabad. |
| Quantum of finance | As per the fee structure of the respective institute plus personal monthly expenses max upto Rs 5000.00 p.m. plus project expenses, books e.t.c. Upto a maximum loan of Rs. 20.00 lacs, including each Top up loans, if any. |
| Margin | Up to Rs 4.00 lac : NIL Above Rs 4.00 lac : 5% The margin shall be proportionate to loan amount disbursed. Above Rs 10.00 lac : 15% The margin shall be proportionate to loan amount disbursed. |
| Rate of Interest | Please click here For rate of interest |
| Security | Co- obligation of parents/guardian as co- borrowers. No collateral security required. |
| Repayment | Maximum up to 10 years exclusive of Moratorium period. |
| Processing charges | Please click here For Processing fee |
