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Sify Home >> Finance >> Calculators >> College Funding Planner >> Banks >> Andhra Bank
Condition Andhra Bank
(Dr Pattabhi Vidya Jyothi Scheme)

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  Education in India Education Abroad
Courses Eligible Not Mentioned
Student Eligibility 12-30 years for studies in India 18 to 35 years for study in other countries
Expenses Considered cost of Tution fee, Hostel fee,Examination fee, Books, Project work, Study tours, and Refundable deposits plus AIR PASSAGE AND MAINTENANCE, FOR ABROAD STUDIES
Quantum of Finance Need based finance subject to repaying capacity of the parents/students with following margin and ceilings.
Maximum Rs.7.50 lacs Maximum Rs.15.00 lacs
Margin Upto Rs.4.00 lacs NIL. Above 4.00 Lacs, the following slabs apply.
  5% 15%
Security Upto Rs.4.00 lacs No security
Above Rs.4.00 lacs Collateral security of suitable value
Repayment  
Holiday  
Interest Rate Upto Rs.4.00 lacs @PLR
Above Rs.4.00 lacs @ PLR +1%