| Objective | To benefit the students and employees to continue with their virtual online sessions at Home in a smooth way in the current COVID scenario. |
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| Maximum Loan | Maximum Rs. 50,000/- per applicant. |
| Eligibility Criteria | The Applicant may be a 1.Student IF STUDENT, The Parent/Guardian should be an Employee working in any PSU/ Central/ State Govt./ Corporate / Private Company (or) Self-employed/ Professional in any Business should submit source of income. 2.Other than Student if Employee/Self-Employeed, Working in any PSU/ Central/ State Govt./ Corporate / Private Company (or) Self-employed/ Professional in any Business should submit source of income. |
| ROI | 11% per annum. |
| Repayment Period | The loan shall be repaid within 12 months in monthly installment. |
| Documents Required | IF STUDENT 1.A Copy of Student ID Card along with Guardian’s / Parent’s a) if employeed,Employee ID Card, Latest Six months Pay Slips along with Bank Account Statement for 6 months(latest). b) if self-employeed, Income Proof, Bank Account Statement for 6 months(latest). IF OTHER THAN STUDENT a) if employeed, A Copy of Employee ID Card along with Latest Six months Pay Slips, Bank Account Statement for 6 months(latest). b) if self-employeed, Pay slips from the organization (or) a letter from the Employer stating tenure of work & income of the borrower along with one year bank statement with an average balance of 10,000/- per month. |