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Catholic Syrian Bank Education Loan Details

Rules and Regulations

Provides financial assistance to deserving students to pursue higher/professional/technical education in India and abroad.
Eligibility
  • For School Education including Plus Two, Graduation Courses, Post -Graduation Courses etc 
  • For Courses of study abroad, the student should be an Indian National who has secured admission to professional courses through Test/selection process , to foreign University institutions. 
Purpose
To meet the tuition and other fees, cost of Books, Computers, refundable deposits supported by Bills/Receipts, travel expenses for studies abroad etc.
Quantum of Finance
  • Studies in India - Rs. 7.50 lakhs 
  • Studies Abroad - Rs. 15 lakhs 
Rate of Interest
Upto Rs.4 lakhs   - 14.25.00% p.a.
Above Rs.4 lakhs -14.75% p.a. 
Security
  • Upto Rs. 4 lakhs -Nil 
  • Above Rs. 4 lakhs -Collateral security of value twice the loan amount. 
Margin
  • Upto Rs. 4 lakhs - Nil 
  • Above Rs. 4 lakhs - Study in India-5%, Study abroad-15% 
Repayment 
To commence after one year of completion of the course or 6months after getting the job, whichever is earlier. Repayment in 5 to 7 years.
Guarantee 
Personal Guarantee of parents.
Attractive features
No Processing Fee. 1% rebate on interest during holiday period, if interest is remitted promptly during the period.
Rate of interest - Upto Rs.4.00 lakhs - 12.50% p.a
Above Rs.4.00 lakhs-13.00% p.a 
Contact Details Head Office -The Catholic Syrian Bank Ltd.
CSB Bhavan, Head Office: P.B No. 502, St. Marys College Road, Thrissur - 680 020, Kerala
Phone : 0487 - 2333020, 2333277, 2333420, 2333477, 2333493, 2333472, 2333469, 2333445, 2333261, 2338760, 2338759, 2338762, 2321137, 2332186, 2332058, 6451706, 6451708, 6451709
Fax : 0487 - 2333435


Contact Number  : 044 - 26431314, 26431315, 26431316
WebLink  : www.csb.co.in
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