Aim of Education Loan
The main aim of Educational Loan Scheme in Tamilnadu is to provide financial support from the banking system to support students for doing higher study, professional education, and technical education in India and abroad.
Through the system of Educational Loan Scheme even poor get the chance to pursue higher education. This financial support from the banking system enhances knowledge of individual student. To get this Educational Loan Scheme from Tamilnadu they should follow the affordable terms and conditions.
Eligibility Criteria to Get Tamilnadu Education Loan
Eligibility Criteria to pursue Studies in India
School education including plus 2 stage, graduation Courses: B.A., B.Com., B.Sc., etc. Graduation Courses like Masters and Ph.D. scholars are eligible. Professional Courses including Engineering, Medical, Law, Dental, Management, Agriculture, Veterinary Computer has the eligibility for Education Loan.
Students doing Computer certificate courses of reputed institutes, Department of Electronics or institutes affiliated to university can get Education Loan from Tamilnadu state banks, Courses like ICWA, CA, CFA, etc and Courses conducted by IIM, IIT, IISc, XLRI, NIFT, Courses offered in India by reputed foreign universities also eligible for Education loan, Evening college courses conducted by approved institutes, Other courses like diploma or degree conducted by reputed colleges, universities approved by UGC or Govt. or AICTE or AIBMS or ICMR etc. Students doing courses in institutes and other private reputed institutions are also eligible to get Education Loan from Tamilnadu state banks.
Eligibility Criteria to pursue Studies in Aboard
Tamilnadu students doing graduation program for job oriented courses, technical courses offered by reputed universities are eligible, Students can pursue their Post Graduation like MCA, MBA, MS in Aboard through Education loan. Banks offer study loan scheme to do Courses conducted by CIMA - London, CPA in USA etc. eligibility
What is the student eligibility to get Education Loan?
The student should be an Indian National.
The applicant for Education loan must Secured admission to professional or other courses through Entrance exam and other Selection process.
Student secured admission to foreign university or foreign institutions.
Student have scored minimum 60% marks in the qualifying examination for admission to graduation courses can get the Education loan through the process filling Education loan Application Form.
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