Vidya Lakshmi Portal
RNGPIT is a recognized institution under AICTE and affiliated to GTU. All our students are eligible to apply for education loans via the government's centralized portal.
Visit Vidya Lakshmi PortalEligible Banks
State Bank of India
SBI Scholar Loan
Bank of Baroda
Baroda Vidya
Union Bank of India
Union Education
Punjab National Bank
PNB Saraswati
Canara Bank
Canara Vidya Shakti
HDFC Bank
Education Loan
General Loan Features
- Loan up to Rs. 10 Lakhs without collateral (varies by bank).
- Repayment starts 1 year after graduation or 6 months after job.
- Flexible interest rates typically between 8.5% - 11% p.a.
- Covers tuition, hostel, books, and equipment fees.
Interest Subsidy (CSIS)
Students from families with annual income up to Rs. 4.5 lakhs are eligible for the Central Sector Interest Subsidy Scheme. This covers 100% of the interest during the course duration plus one year.