SBI SCHOLAR LOAN:

SBI has offered to provide student loans at concessional rates to students studying in Manipal University. Loans upto ` 10 lakh is offered without any collateral in the name of Student and Parent/Guardian. At present, this facility is available only to those admitted to Kasturba Medical College (KMC), Manipal and Mangalore.  Plans are on the unveil to extend the facility to the students of other institutions also.     

SBI STUDENT LOAN: SBI considers all other Students also, studying at Manipal University as preferential customer in providing Education Loans at SBI branches nearer to their native places.

Details can be had from SBI website www.statebankofindia.com  or www.sbi.co.in.  Also queries can be made to SBI, Manipal branch “sbi.04426@sbi.co.in” or “0820 4293122”.

SYNDVIDYARTHI:  

Syndicate Bank is introducing ’Syndvidyarthi’, a standby Overdraft facility for non local students of 18 years of age and above pursuing professional courses. Coverage under this scheme can be provided to all eligible students irrespective of whether or not they have availed an education Loan from Syndicate bank or any other banks.

It is not just a loan facility; it is a financial convenience at prime lending rate upto quantum of ` 7.50 lakhs (For studies in India). The purpose is to meet the recurring expenses of contingent nature that may have to be incurred by non-local students pursuing professional courses



Candidate who have secured admissions on the basis of merit to professional/technical/other courses through Entrance Test/Selection process are eligible to avail this financial aid.

Visit www.syndicatebank.in for more details.