TMB super education loan

Features and Benefits

To meet the educational expenses for PG Courses in India and overseas

Term Loan

Minimum loan amount - Exceeding Rs. 10 Lakhs

Maximum Loan amount - Rs. 50 Lakhs

Eligibility and Terms

An Indian national who has got admission for PG courses at reputed institutions such as IIM, IIT, IISC, XLRI, NIFT, Indian Institute of space science and Technology, IIIT, ISB, NIT, Medicine courses at various reputed institutions, higher studies at well ranked Foreign Universities, etc.

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: Up to 10 Years (including holiday period).

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 and Fees

Interest :Click here to know the Rates of Interest for loans.

Fees & Charges1% of the loan Limit sanctioned without any maximum cap + GST