Assured^* Bank Loan

The students are the national wealth. There are 'n' number of schemes formulated by the nationalized and commercial banks according to the directives issued by the reserve bank and Finance Ministry, Government of India. Unfortunately, the students are not aware of their rights arising out of the said schemes and policies.

This is one-of-a-kind facility that is offered to all St. Mary's students. Today, the cost of education is more of a burden than afford ability. The process of procuring an educational loan from both government and private sector banks are not only time consuming but also mind-numbing.

We, at St. Mary's take the responsibility in making the process of securing bank loan easy and hassle free by educating & assisting both the students and parents about assured educational loan up to Rs. 4 lakhs to all students. In this scheme, students will be covered with the cost of education for tuition / finishing school / hostel / bus / books / computer etc. If not, the above cost will not be collected.

St. Mary's has also entered into a strategic collaborative agreement* with Central Bank of India for providing educational loans and the St. Mary's stands as a guarantor for the said loans.