In Thena Bank , Education loan is provided in the name of Thena vidhyalakshmi.
Education loan amount size:
For the students studying in India maximum amount of upto Rs.10,00,000 will be provided and for the students studying in abroad maximum amount of upto Rs.20,00,000 will be provided.
Advance amount to be paid:
Nothing till 4,00,000 Rs.
More than 4,00,000 Rs.: Students studying in India should pay 5% and students studying in abroad should pay 15% of the amount. The Education scholarship will be added with the advance amount to be paid.
More than 4,00,000 Rs:
1% special previliage will be provided for girls.
For the students of IIM,IIT,ISP 1% special previliage will be provided.
Way of repaying the loan:
One year after finishing the studies or right from 6th month after joining the job the loan repayment process is to be started. The loan amount is to be closed within 5 to 7 years.