State Bank Of Travancore

#1 September 29th, 2016, 02:40 PM

I want to apply for Career Loan in State Bank Of Travancore So can you please tell me the eligibility criteria and the other details of loan?

Sumit Bhardwaj · #2 September 29th, 2016, 03:44 PM

State Bank Of Travancore offers Career Loan to customers to Finance for the courses for training/ skill development, etc.

Career Loan

Purpose

Finance for the courses for training/ skill development, etc. in India/ abroad and other job oriented courses conducted by reputed universities.

Eligibility Age -

Min 18 years
Max 45 years

Approved Courses -
Commercial Pilot Licence, Aircraft Maintenance Engineering, SAP training

Loan Amount

In India : Max Rs. 10 lac
Abroad : Max Rs. 20 lac

Margin - 10%

Repayment - Maximum 60 months EMI

Processing Charge

0.56% of the loan amount
Max Rs.5000

Collateral Security -
Equitable Mortgage (EM) of land/ building valued 150% of limit sanctioned.

Papers to be submitted -
Papers necessary for EM, Proof of admission schedule of expenses.

For information on. 1800 425 5566,

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