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Loan Facility for Students

Due to the variation of employability and pay scales in different sectors, all parents are not able to afford the fees in cash payment. MEFGI, being committed to the development of every student provides educational loan facilities to the students belonging to the families having tight finance expenditure capabilities so that the right of equal education is given to all the applicants regardless of their religious and financial status.

Students can avail the Bank Loan facility from leading banks for pursuing their professional education. As per the policy announced by Govt. Of India, Banks will facilitate the Educational Loans up to Rs. 4 lakh without any collateral security at the concessional rates of interest announced by Reserve Bank of India*, from time to time.

Loans are sanctioned by the banks only after compliance of required norms and procedural formalities.

MEFGI has made special arrangements with State Bank of India, Bank of India, Central Bank of India, HDFC Bank and other private Banks for speedy sanctioning and dispersal of Educational Loan to students taking admission.