Repayment period : 15 years from the date of commencement of repayment
Fees payable to college / school / hostel
Examination / Library Fees.
Purchase of books / equipment / instruments
Purchase of computer / laptop
Life Insurance Premium for life cover of student/co- borrower for total tenure of loan
Any other expenses related to education
Coverage Under Credit
All Educational Loans upto Rs.7.50 lacs conforming to the guidelines of “IBA Model Education Loan Scheme for pursuing studies in India and Abroad” are eligible for coverage under CGFSEL by National Credit Guarantee Trustee Company(NCGTC)
All other terms & conditions as per Star Education Loan Scheme – Studies in India.
Students should apply online on Vidya Lakshmi Portal developed by NSDL e-Governance Infrastructure Ltd.
To apply on line on Vidya Lakshmi Portal click here