Canara Bank
Vidya Turant

1. KEEP ALL YOUR DOCUMENTS LISTED HERE READY IN PDF FORMAT WITH YOU BEFORE APPLYING.
2. THE DETAILS ARE AUTO FILLED FROM VIDYALAXMI/JANSAMARTH PORTAL. KINDLY RE-VERIFY THE DETAILS AND ENSURE ALL DETAILS ARE CORRECT.
3. KEEP YOUR RECENT COLOR PHOTOGRAPH (NOT EXCEEDING 100KB AND 3.5X4.5 CM) AND SIGNATURE (NOT EXCEEDING 50KB AND 3.5X1.5 CM) IN BLUE/BLACK INK READY IN JPEG/PNG FORMAT.
4. MAKE SURE YOUR MOBILE NO IS REGISTERED WITH YOUR ADHAAR CARD. THE SAME WILL BE REQUIRED FOR DIGITAL DOCUMENTS EXECUTION.

1. PAN CARD
2. ADHAR CARD
3. PROOF OF RESIDENCE (ELECTRICITY BILL/TELEPHONE BILL/LPG CONNECTION ETC)
4. CASTE CERTIFICATE, IF QUALIFIED UNDER CATEGORY
5. PAN CARD OF PARENT/GUARDIAN JOINING AS CO-BORROWER
6. ADHAR CARD OF PARENT/GUARDIAN
7. INCOME CERTIFICATE OF PARENT/GUARDIAN (ITR FOR NON SALARIED AND SALARY SLIP FOR SALARIED PERSON)

1. CLASS X MARKSHEET AND PASS CERTIFICATE
2. CLASS XII MARKSHEET AND PASS CERTIFICATE
3. GRADUATION MARKSHEET AND DEGREE/PROVISIONAL DEGREE (IF APPLYING FOR PG COURSES)
4. MARKSHEET/SCORECARD OF QUALIFYING ENTRANCE EXAMINATION
5. ADMISSION OFFER LETTER FROM INSTITUTE/ COUNSELLING LETTER FOR ALLOTMENT OF INSTITUTE
6. DETAILED FEE STRUCTURE OF COURSE

01. Lending Service Providers (LSP): In-house Details of the activities:
LSP facilitates Customer Journey with the below process:

• Applying online in Digital platform
• Customer information validation
• Run Business Rule Engine
• Credit Underwriting
• Integrated with LMS

02. Loan Product details:
VIDYA TURANT PRODUCT FEATURES:

Purpose	To assist the needy and meritorious students who are in need of education loans who are pursuing their higher studies in reputed institutions viz., 176 Select IIMs/IITs/NITs/IISc /ISB (Hyderabad & Mohali) and other reputed institutes only.
Eligibility	1. Student should be an Indian National. 2. Students should have cleared the previous qualifying exam and selected through Entrance Test conducted by Competent Authorities.
Margin	NIL
Quantum	Category Institutions Max. Limit Eligible A Students of ISB, Hyderabad & Mohali (2 nos). Limit up to Rs 50.00 lacs. B Students of IIMs (19 nos), IITs (23 nos), Symbiosis Groups (5 nos), BITS (4 Nos) IIFT (2 nos), IMI (1 Nos), IRMA (1 Nos), ISM (1 Nos) IMT(1 Nos), IMT (1Nos), KJSIMSR (1 Nos), MDI (1 Nos), SPJINMR (1 Nos), NMIMS(1 Nos),RGIIM (1 Nos) XIM(1 Nos), XLRI (1 Nos). Limit up to Rs 40.00 lacs. C All other institutions other than A and B (109 nos) Limit up to Rs 30.00 lacs.
Rate of Interest	One year ongoing RLLR (Additional 0.5%, if opted for waiver of co-obligant, valid for select 80 institutes)
Nature of Loan	Term Loan
Repayment Period	Up to 15 years excluding Moratorium period, irrespective of loan amount: Uniform one-year moratorium period is available for repayment after completion of studies in all cases, i.e., Repayment holiday consists of Course period + (1 year after completion of course). Repayment of the loan is to be in equated monthly installments for a period of 15 years for all loans irrespective of loan amount.
Security	Assignment of future income of the student. No Security up to specified limits for institutions as per the Maximum limit specified.
NTH	NA
Processing Charges & Other Charges	NIL

03. Important Links:
https://sachet.rbi.org.in/
https://canarabank.net.in/cpgrs/login.aspx

04. Nodal Grievance redressal officer details:
Name: Smt K B GEETHA
Designation: General Manager
Contact No. 080-22533864
E-mail: gmcss@canarabank.com

05. Toll Free No.(24x7):
1800 1030