Public Bank
Sethu Cooperative Bank
Regional public bank with simple documentation for domestic professional courses.
Loan terms at a glance
- Interest rate
- 8.4% – 11.2%
- Maximum sanction
- ₹ 50 L
- Collateral-free up to
- ₹ 4 L
- Moratorium
- 12 months
- Maximum tenure
- 12 years
- Processing fee
- 0.25%
- Processing time
- 10 – 15 working days
- Study abroad
- Not covered
Terms shown are demonstration values maintained in the admin dashboard. Confirm current rates and charges with the lender.
About this lender
Sethu Cooperative Bank offers education loans for domestic programmes.
Interest rates range from 8.4% to 11.2% per annum, with a maximum sanction of ₹50 lakh and repayment tenure up to 12 years.
Demonstration data — figures shown are illustrative samples for development and must be replaced with verified information before production use.Eligibility
Indian national with a confirmed admission to a recognised institute, along with a co-applicant (parent or guardian) meeting the income criteria.
Loan products
| Product | Purpose | Rate | Amount | Collateral-free |
|---|---|---|---|---|
| Sethu Cooperative Bank Domestic Study Loan | Domestic Study | 8.4% – 11.2% | ₹ 50 K – ₹ 35 L | No |
FAQs
Is collateral mandatory?+
Collateral is generally required above ₹4.0 lakh.
How long does sanction take?+
Typical processing time is 10 – 15 working days.
Applying to Sethu Cooperative Bank?
Get your document set reviewed before you submit — it avoids most rejections.
