Sai University Scholarship Details

Vedika Dubey

Sai University Scholarship is dedicated to providing students from all backgrounds with access to its distinct higher education programs. Undergraduate and graduate admission to Sai University is based on applicants' academic performance and extracurricular involvement. Additionally, Sai University Chennai offers need-based financial aid to worthy individuals and merit-based scholarships to candidates who demonstrate their merit. Below mentioned are the details about Sai University Chennai scholarship.

• Education Loan

Sai University Education Loan

• Loan Amount: Rs 10 lacs (Max)
• Margin-5 %
  Rate of Interest- 11.15 % p.a (linked to EBLR: 9.15 + 2.00)
• Girl Students will get a 0.50% interest concession.
• Rinn Raksha Insurance cover will get an additional 0.50% concession.
• Security- Up to Rs 4.00 lacs – NIL
  Above Rs 4.00 lacs Up to Rs 7.50 lacs – Third Party Guarantee.
  Above Rs 7.50 lacs – Acceptable collateral security (100%)
• Repayment- 15 years after completing the course period.
• Moratorium- 6 months on getting a job OR 12 months, whichever is early.
• Interest Subsidy- Central Govt. Interest Subsidy as per the eligibility.