• ARE

EDUCATIONAL LOAN SCHEME

This scheme is for providing financial assistance in pursuing full-time Professional/Technical courses.

For students within India

Loan Amount : Upto Rs.10.00 Lakhs

Interest Rate per annum chargeable to (SCAs - 1.5%)

(Student - 4% (0.5% rebate for women beneficiaries)


For abroad students

Loan Amount : Upto Rs.20.00 Lakhs

Interest Rate per annum chargeable to (SCAs - 1.5%)

(Student - 4% (0.5% rebate for women beneficiaries)


Repayment Period:

Up to 10 years (for loans up to Rs.7.50 lakh) & Up to 15 years (for loans above Rs7.50 lakh)


Moratorium Period:

6 months after course completion or getting employment, whichever is earlier.


Professional/Technical Courses Covered:

Educational Loan shall be provided to eligible students for pursuing regular full time Professional / Technical recognized courses approved by the Government in the following fields in India or abroad:

  1. Engineering (Diploma/ B.Tech /B.E, M.Tech/M.E.)

  2. Architecture (B.Arch/M.Arch)

  3. Medical (MBBS/MD/MS)

  4. Biotechnology/Microbiology/Clinical Technology (Diploma/Degree)

  5. Pharmacy (B.Pharma/M.Pharma)

  6. Dental (BDS/MDS

  7. Physiotherapy (B.Sc./M.Sc.)

  8. Pathology (B.Sc/M.Sc.)

  9. Nursing (B.Sc./M.Sc.)

  10. Information Technology (BCA/MCA)

  11. Management (BBA/MBA)

  12. Hotel Management & Catering Technology (Diploma /Graduation/Post Graduation)

  13. Law (LLB/LLM)

  14. Education (CT/NTT/B.Ed/M.Ed)

  15. Education (CT/NTT/B.Ed/M.Ed)

  16. Physical Education (C.PEd./B.PEd/ M.PEd)

  17. Journalism & Mass Communication (Graduation/Post Graduation)

  18. Geriatric Care (Diploma/Post Graduate Diploma)

  19. Midwifery (Diploma)

  20. Laboratory Technician (Diploma)

  21. Chartered Accountancy (CA)

  22. Cost Accountancy (ICWA)

  23. Company Secretaryship (CS)

  24. Actuarial Sciences (Graduation/ Post Graduation/FIA)

  25. Associate Member of Institute of Engineers (AMIE) and Institute of Electronics & Telecommunication

  26. Higher education like Doctoral Studies leading to M.Phil/PhD from recognized institutions.

DETAILED PROJECT REPORT AND BUSINESS PROPOSAL FOR BANK LOANS RELATED BUSINESS ENTREPRENEURSHIP DEVELOPMENT PLEASE CONTACT….


Project Manager

ARE (Arms for Rural Entrepreneurs)

Karunagappally, Kollam-690544

Mail: areklm0076@gmail.com, Tel: +91-7907048573

UDYAM-KL-06-0000419, Reg. No: SH020500060479

Web : www.areklm.com

Link : www.areklm.org

FB : www.facebook.com/areklm0076/

FB Page: www.facebook.com/kollam.kerala.917907048573

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