Loan for Education/Training
Loans up to Rs.10 lakh are given by this corporation for education in India and up to Rs.20 lakh for education abroad. The loan will be repaid within 6 months after completion of training or on getting a job, whichever is earlier.
Eligibility:-
1.Must be 40 percent or more disabled.
Rate of interest:-
1. Up to Rs.4 lakh - Nil
2. For education in India above 4 lakh rupees - 5 percent per annum
3. For education abroad above Rs.4 lakh - 5% per annum
4. All loans to be repaid within 10 years.
5. Rebate on interest of 0.5 percent per annum for women with disabilities.
