To Meet:

(i). Tuition and other fees.

(ii).Maintainance Cost / Hostel Fees

(iii).Cost of Books and Equipment.

(iv). Cost of Passage ( for studies abroad)

Pre Requisite :

(i). Admission offer from any Recognized University.

(ii).Details of income of Parent / Guardian.

Compounded at quarterly intervals on reducing balance.

Repayment

The loan to be repaid in 48 months installments after completion of the course or securing a Job whichever earlier.

Security:

Security consisting of any of the following :

Government securities, UTI Bonds, NSC's, LIC Policies, Bank Deposits of equitable Mortgage of immovable property. Third party guarantee, if is insufficient.

For further details Contact :

STATE BANK OF MYSORE - Zonal office your nearest branch of SBM.