MYSORE BANK PROFESSIONAL COURSE SCHEME FOR DOCTORS


SBM, Founded by Sir.M.Visweahwaraya, has framed a scheme for the Professional in the field of medicine for pursuing higher studies in recognized university / institutions in India/Abroad.

To Meet :

Tuition and other fees.
Maintenance Cost / Hostel Fees.
Cost of Books and Equipment.
Cost of Passage (for studies abroad).

Pre Requisite :

Admission offer from any Recognized University .
Details of income of Parent / Guardian.

Margin :

10% of the total cost.

Interest :

Compounded at quarterly intervals on reducing balance.

Repayment :

The loan to be repaid in 48 months installments after completion of the course or securing a Job whichever earlier.

Security :

Security consisting of any of the following:
Government securities, UTI Bonds, NSC's, LIC Policies, Bank Deposits of equitable Mortgage of immovable property. Third party guarantee, if is insufficient.

Website: www.statebankofmysore.co.in