Bengaluru, nfapOST: Canara Bank signed an MoU with Indian Institute of Science (IISc) at IISc, Bengaluru to provide loans for students without any collateraols.
The MoU was signed by Canara Bank General Manager R P Jaiswal and IISc, Bengaluru Registrar Captain Sridhar Warrier (Retd.) and exchanged MoU for granting Vidya Turant Educational Loans to student of IISc.
Canara Bank CGM Debananda Sahoo H T Bhaviskar and IISc Dean Prof. Anil Kumar P S and other officials from Canara Bank and IISc were also present on this occasion.
Under this scheme student can avail hassle free education loans without collaterals, with 100% finance on the project cost with flexible repayment period of up to 15 years.
Students of IISc will have the option to avail collateral free Education Loan either from their place of Domicile or from the place where they got admission in IISc.