Assam Gramin Vikash Bank

1. The interest rate for loans above Rs.7.5 lakh: 10.05% 

1. For girl students, 1% concession from the card rate is provided 

1. A 1% concession is allowed during the moratorium period if the interest is paid monthly and regularly. 

Eligible Courses in India  

AGVB provides an education loan upto Rs.7.5 lakh for selective courses in India. The eligible courses are as follows: 

1. Post Graduation courses - Masters and Ph.D. 

1. Professional courses - Engineering, Medical, Agriculture, Veterinary, Law, Dental, Management, Computer, etc. 

1. Computer certificate courses of reputed institutes accredited to the Department of Electronics or institutes affiliated to a university. 

1. Courses like ICWA, CA, CFA, etc. 

1. Courses conducted by IIM, IIT, IISC, XLRI, NIFT, etc. 

1. Other courses leading to diploma/degree, etc., conducted by colleges/universities approved by UGC/Govt./AICTE/AIBMS/ICMR, etc. 

1. Courses offered by national institutes and other reputed private institutions. 

1. Courses offered by national institutes and other reputed private institutions.  

Eligible Courses Abroad 

AGVB provides an education loan upto Rs.15 lakh for selective courses abroad. The eligible courses to avail a loan are as follows: 

1. Graduation courses – Job-oriented professional and technical courses offered by reputable universities. 

1. Post graduation courses - MCA, NBA, MS, etc. 

1. Courses conducted by Chartered Institute of Management Accountants (CIMA) in London, and Certified Public Accountant (CPA) from USA. 

Asomi Gyandeep Loan Scheme 

Assam Gramin Vikash Bank offers education loans under the Asomi Gyandeep loan scheme. The details, process, and interest rates are as follows:   

Eligibility Criteria for Assam Gramin Vikash Bank Education Loan

To avail a loan under Asomi Gyandeep Loan Scheme, the student must fulfill the eligibility criteria, which are as follows: 

1. Students applying for AGVB Education Loan under the Asomi Gyandeep Loan Scheme must be Indian Nationals. 

1. Students must secure admission through entrance test or selection process  

Loan Amount Limits for Assam Gramin Vikash Bank Education Loan

The maximum loan amount granted by AGVB under Asami Gyandeep Loan Scheme is as follows: 

1. For students opting for a course in India, the loan amount may be granted upto Rs.7.5 lakh  

1. For students opting for a course abroad, the loan amount may be granted upto Rs.15 lakhs  

Margin Requirements for Assam Gramin Vikash Bank Education Loan

The required margin to secure an education loan under Asami Gyandeep Loan Scheme is as follows:   

1. For loans up to Rs.4 lakh, there is no margin required.  

1. For loans above Rs.4 lakh, the margin is 10% for courses in India and 15% for courses abroad.  

Security Requirements for Assam Gramin Vikash Bank Education Loan

The required security for various loan amounts is as follows:   

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