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Cent Vidyarthi Scheme

Education term loan for recognised higher studies in India or abroad, covering tuition, living, travel, equipment and other course expenses up to ₹2 crore.

Interest concessionUp to 1% interest concession may be provided during study if interest is serviced during study and the subsequent moratorium before repayment starts; the base rate is linked to the latest table.Maximum financeMaximum loan amount ₹2 crore. Margin is nil up to ₹4 lakh; 5% in India above ₹4 lakh; 15% abroad above ₹4 lakh.Maximum amountMaximum loan ₹2 crore.
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Quick eligibility check

Cent Vidyarthi Scheme

0 of 4 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Do you meet this requirement: Indian national admitted to a recognised higher-education course in India or abroad through entrance-test or merit selection after HSC (10+2 or equivalent)?

Published source: Eligibility

2Do you meet this requirement: nationality, recognised admission and merit/entrance selection are the stated eligibility conditions?

Published source: Minimum income

3Are you this type of customer: Student must be an Indian national and admitted through entrance test or merit selection after HSC (10+2 or equivalent) to a recognised institution?

4Document checkDo you have this required document or proof: Admission and fee documents, identity/KYC, co-borrower and collateral documents where applicable; comprehensive life policy assigned to the bank?

Published source: Eligibility
0 of 4 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 6 Sept 2026 · active
Offered byCentral Bank of India

India and eligible overseas study

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Loan typeCent Grih Lakshmi uses the underlying Cent Home Loan facility; the variant page does not define a separate facility type.View source
The page says all other Cent Home Loan terms and conditions apply.
Source
Cent Grih Lakshmi
Page / section
All other terms
Accessed
6 Sept 2026
Confidence
high
Open official source ↗
EligibilityIndian national admitted to a recognised higher-education course in India or abroad through entrance-test or merit selection after HSC (10+2 or equivalent).View source
Central Bank lists nationality, admission, institution and selection conditions.
Source
Cent Vidyarthi Scheme
Page / section
Eligibility
Accessed
6 Sept 2026
Confidence
high
Open official source ↗
Maximum financeMaximum loan amount ₹2 crore. Margin is nil up to ₹4 lakh; 5% in India above ₹4 lakh; 15% abroad above ₹4 lakh.View source
The page publishes the ₹2 crore cap and India/abroad margin bands.
Source
Cent Vidyarthi Scheme
Page / section
Maximum loan amount and margin
Accessed
6 Sept 2026
Confidence
high
Open official source ↗
Repayment and moratoriumRepayment up to 15 years after a moratorium equal to the course period plus one year.View source
The published repayment row specifies 15 years after course-plus-one-year moratorium.
Source
Cent Vidyarthi Scheme
Page / section
Repayment
Accessed
6 Sept 2026
Confidence
high
Open official source ↗
Security and insuranceUp to ₹4 lakh must be covered under the NCGTC guarantee scheme. Above ₹7.50 lakh, parent/guardian is joint borrower and tangible collateral of at least the loan amount is required. Comprehensive student life insurance equal to loan amount is assigned to the bank.View source
Central Bank publishes the guarantee, collateral and life-policy rules.
Source
Cent Vidyarthi Scheme
Page / section
Security and insurance
Accessed
6 Sept 2026
Confidence
high
Open official source ↗
Interest concessionUp to 1% interest concession may be provided during study if interest is serviced during study and the subsequent moratorium before repayment starts; the base rate is linked to the latest table.View source
The page publishes the conditional 1% concession but links rather than states the base rate.
Source
Cent Vidyarthi Scheme
Page / section
Incentive and rate
Accessed
6 Sept 2026
Confidence
high
Open official source ↗
APRNot published as a separate APR calculation on the Cent Grih Lakshmi page.View source
No calculation is shown.
Source
Cent Grih Lakshmi
Page / section
Complete rate review
Accessed
6 Sept 2026
Confidence
high
Open official source ↗
Maximum amountMaximum loan ₹2 crore.View source
The page publishes Rs. 200 Lakh maximum loan amount.
Source
Cent Vidyarthi Scheme
Page / section
Maximum loan amount
Accessed
6 Sept 2026
Confidence
high
Open official source ↗
BenchmarkThe Cent Vidyarthi page links the latest Central Bank rate table but does not name a benchmark.View source
No benchmark is named on the page.
Source
Cent Vidyarthi Scheme
Page / section
Rate of interest
Accessed
6 Sept 2026
Confidence
high
Open official source ↗
Minimum incomeNo minimum income amount is published for the student; nationality, recognised admission and merit/entrance selection are the stated eligibility conditions.View source
The page sets student/admission conditions but no income threshold.
Source
Cent Vidyarthi Scheme
Page / section
Eligibility
Accessed
6 Sept 2026
Confidence
high
Open official source ↗
Processing feeNo processing-fee amount is published on the reviewed Cent Vidyarthi page.View source
The page publishes margin, security and insurance but no processing-fee row.
Source
Cent Vidyarthi Scheme
Page / section
Complete fee review
Accessed
6 Sept 2026
Confidence
high
Open official source ↗
Prepayment / foreclosureNot published on the reviewed Cent Vidyarthi page.View source
The complete page contains no prepayment or foreclosure row.
Source
Cent Vidyarthi Scheme
Page / section
Complete fee and foreclosure review
Accessed
6 Sept 2026
Confidence
high
Open official source ↗
Geographic limitsIndian national admitted to a recognised higher-education course in India or abroad through entrance-test or merit selection after HSC (10+2 or equivalent).View source
The manually reviewed product record states: “Indian national admitted to a recognised higher-education course in India or abroad through entrance-test or merit selection after HSC (10+2 or equivalent).”.
Source
Cent Vidyarthi Scheme — official product page
Page / section
Published product metadata
Accessed
6 Sept 2026
Confidence
high
Open official source ↗

Benefits and features

  • Maximum loan ₹2 crore
  • No margin up to ₹4 lakh
  • 5% margin in India and 15% abroad above ₹4 lakh
  • Up to 1% interest concession when interest is serviced during study and moratorium
  • Repayment up to 15 years after moratorium

Eligibility

  • Student must be an Indian national and admitted through entrance test or merit selection after HSC (10+2 or equivalent) to a recognised institution.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • Admission and fee documents, identity/, co-borrower and collateral documents where applicable; comprehensive life policy assigned to the bank

Related official documents

Cent Vidyarthi Schemeofficial-product-page · current · accessed 6 Sept 2026
↗

Plan before applying

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Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

Cent Home Double Plus · Eligibility / limitAge 18+; regular identified income

This value is copied from Central Bank retail-loan variants. Check the table notes before relying on it.

Source: Central Bank retail-loan catalogue · Housing, education and loan-against-property variant pages Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 4 rows · 5 columnsCentral Bank retail-loan variantsPublished numerical terms transcribed from each official variant page.View tableHide table

Scroll sideways to view every column

Central Bank retail-loan variants
ProductEligibility / limitTenure or validityFeesSecurity / special terms
Cent Home Double PlusAge 18+; regular identified incomeCent Home terms apply0.50% + , max ₹20,000; waiver through 31 Dec 2026; documentation ₹1,350 + Equitable mortgage; overdraft; guarantee waived for salaried and up to ₹20 lakh for self-employed/others
Cent Grih LakshmiWoman sole/first borrower; woman named in propertyValid through 31 Mar 20270.50% + , max ₹20,000; waiver through 31 Dec 2026All Cent Home terms apply
Cent VidyarthiIndian national admitted to recognised higher study; max ₹2 crore; margin 0–15%15 years after course + 1-year moratoriumRate linked to latest table; up to 1% concession if interest serviced cover up to ₹4 lakh; collateral above ₹7.50 lakh; student life cover
Cent MortgageAge 21+; gross annual income ₹12 lakh; ₹5 lakh–₹7.50 croreTerm 180 months; renewal 120 months1% + max ₹50,000 term; 0.5% max ₹5,000 renewal; documentation ₹2,500/₹5,000Mortgage of eligible self-occupied residential property; thresholds
  • Numeric rates and are not embedded on these pages; each links the bank's latest rate table.
Central Bank retail-loan catalogue · Housing, education and loan-against-property variant pages · accessed 6 Sept 2026Open official source ↗

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