Syndicate Bank has announced a liberalised educational loan scheme - Synvidya - to enable students to pursue higher education in India and abroad.
The new scheme covers those pursuing school education including plus two stage, graduation, post graduation and professional courses.
Financial assistance under the scheme is also available for students of job-oriented professional courses offered by reputed universities.
The maximum amount for studies in India is Rs 7.5 lakh and for those abroad is Rs 15 lakh.
It can be repaid in five to seven years after completion of studies. Loans upto Rs 4 lakh are extended at bank
