Vijaya Bank Education Loan Pilot Training

Sir I want to take Education Loan for Pilot Training from Vijaya Bank so please can you tell me the eligibility for applying?

[Shaleen]

As you want to know the eligibility for Vijaya Bank Education Loan (Pilot Training) here I have mentioned it….

Eligibility

Student must be an Indian National and should have secured admission to the relevant Professional/ Technical courses in India or Abroad through Entrance Test/ Merit Based Selection process. However there is no age restriction for the student.

Here I have also mentioned the maximum loan amount as on August 21, 2012:

For Studies in India: Maximum Rs.10.00 lakhs
For Studies abroad: Maximum Rs.20.00 lakhs

Rate of interest:

BPLR - 1.25 % p.a. Floating

This bank gives Concession for Girl Students in education loan……..

Bets of luck……….

Hello sir I want to do Pilot Training course so please tell me the and I require the Education Loan, so I want to take Education Loan from Vijaya Bank tell me the can I get the lone

[Kiran Chandar]

As you are asking for Education Loan from Vijaya Bank

Yes you can get the lone
Courses Eligible
Pilot Training Programme. (Government or recognized private institute approved by Director General of Civil Aviation, Government of India).
Loan Amount -
Studies in India : Maximum Rs.10.00 lakhs
Studies abroad : Maximum Rs.20.00 lakhs
Expenses Considered for Loan -
Fee payable to college/ school/ hostel.
Examination/ Library/ Laboratory fee.
Purchase of books/ equipments/ instruments/ uniforms.
Caution deposit/ building fund/ refundable deposit supported by Institution bills/ receipts.
Travel expenses/ passage money for studies abroad.
Purchase of computers – essential for completion of the course.
Any other expense required to complete the course – like study tours, project work, thesis etc.
Issuance of DD favouring CET Cell
Fee payable to the Institution/hostel/examination fee, cost of books, travel expenses for studies abroad, purchase of computer, etc.
Margin -
Upto Rs.4 lakhs : NIL
Above Rs.4 lakhs : Studies in India: 5%
Studies Abroad: 15%

Scolarship / Assistantship to be included in the margin. Margin can be brought in as and when disbursements are made on prorata basis.

Rate of Interest -
with effect from 15.02.2008:
[BPLR = 13.00%]
Amount Slab Rate of interest per annum - Floating
Upto Rs. 4 lakhs 11.50 % [BPLR - 1.5%]
Above Rs. 4 lakhs 11.50 % [BPLR - 1.5%]