Corp Skill Loan Scheme is a product brought to you by Corporation Bank, specifically designed to provide finance to individuals looking to take up courses to increase their skill and join the skilled labour force on the country.
The Corp Skill Loan Scheme is meant for the raise finance for them to pursue a technical education courses to increase their skill.
In order to be able to apply for this loan, the applicant needs to be match these criteria
This loan will be considered in the form of a Term Loan
The loans will range between an amounts of Rs. 5000 to Rs. 1, 50, 000
The interest rate is a floating rate based, the base rate of interest will be 9.65% per annum effective from 8th October 2015. The rate for this loan scheme is the Base Rate + 2.25% making the interest rate 11.9%.
Fill in the application form which is available on the website of the bank, along with 2 passport sized photographs and attached all other document required by the bank. And contact your nearest branch.