The objective is to give financial aid to the students.

Maximum Limits Rs. 3.00 lacs per borrower, Purposes For pursuing higher studies by their children. 4 Eligibility Criteria 50 times of the gross monthly salary of the applicant or Rs. 10.00 lacs which ever is less ensuring 35% take home salary by the loanee after payment of installment of loan. 5 Margin Up to Rs. 25000.25% Above Rs. 25000 .30% 6 Repayment Period 5 years after the borrower gets employment or one year after completion of course which ever is earlier. One can approach to the State Headquarters and Branch Manager at Distt Level Branches to avail the scheme.

Students who have got admission to some professional or other courses and whose prospects of getting employment are very good.

Contact

G.M. (Banking)
The Himachal Pradesh State Cooperative Bank Ltd.
Head Office
The Mall, Shimla- 171001.
0177- 2804492 202
gmb@hpscb.com