Educational loans

Vijaya Bank

Bank Type : Goverment Bank
No. Of Branches : 1520

About Bank

Vijaya Bank, was founded on 23rd October 1931 by late Shri A.B.Shetty and other enterprising farmers in Mangalore, Karnataka. The objective of the founders was essentially to promote banking habit, thrift and entrepreneurship among the farming community of Dakshina Kannada district in Karnataka State. The bank became a scheduled bank in 1958.

Vijaya Bank steadily grew into a large All India bank, with nine smaller banks merging with it during the 1963-68. The credit for this merger as well as growth goes to late Shri M.Sunder Ram Shetty, who was then the Chief Executive of the bank. The bank was nationalised on 15th April 1980. The bank has built a network of 1512 branches, 48 Extension Counters and 1528 ATMs, that span all 28 states and 4 union territories in the country.

Each branch provides effective and efficient services and significantly contributes to the growth of the individual, and the nation

Loan Procedures


Loans for Indian nationals- meritorious students for pursuing higher education in India or abroad.

Eligible courses:

Studies in India:

Graduation, Post-graduation including regular technical and professional Degree/Diploma courses conducted by colleges/universities approved by UGC/ AICTE/IMC/Govt./AIBMS/ICMR. Etc

Regular Degree/ Diploma Courses conducted by autonomous institutions like IIT, IIM, NIFT, IISc etc

Regular Degree/Diploma Courses like Aeronautical, pilot training, shipping etc. approved by Director General of Civil Aviation/Shipping.

Courses like ICWA, CA, CFA etc.

Studies abroad:

Job oriented professional/ technical Graduation Degree courses/ Post Graduation Degree and Diploma courses like MCA, MBA, MS, etc offered by reputed universities and Courses conducted by CIMA-London, CPA in USA etc.

Expenses considered for loan:

Fees payable to college/school/hostel.

Examination/Library/Laboratory fees.

Purchase of Books/Equipment/Instruments/Uniforms, Purchase of computers- essential for completion of the course (maximum 20% of the total tuition fees payable for completion of the course).

Caution Deposit/Building Fund/Refundable Deposit (maximum 10% tuition fees for the entire course).

Travel Expenses/Passage money for studies abroad.

Fee payable to college for Indian School of Business.

Quantum of loan,Repayment,Margin,Rate of interest,Processing charges,Security,Education Loan Application Form  Can Be Downloaded From Documents Below.


Vijaya Bank 41/2, Trinity Circle, M.G. Road, BANGALORE - 560001

080 -25584066

Banking Exams