Educational Aid

To motivate repatriate students to excel in their higher studies, Educational Scholarships are awarded every year, from undergrad to doctorate Programme. The scholarships awarded for various studies are appended below:

S.No

Name of the Course

Eligible Amount (in Rs. )

Top Scorer CashAward

Top scorer cash awards in Higher Secondary Board examination.

Position

Awards

1st Place

Rs.13,000/-, memento & certificate

2nd Place

Rs. 11,000/-, memento & certificate

3rd Place

Rs.8,500/-, memento & certificate

Students securing 500 marks & above

Rs.7,500/- and certificate

Top scorer cash awards in S.S.L.C examination (SSLC).

Position

Awards

1st Place

Rs.10,000/-, memento & certificate

2nd Place

Rs.7,500/-, memento & certificate

3rd Place

Rs.5,500/-, memento & certificate

Students securing 400 marks & above

Rs.5,000/- and certificate

Higher Education Sponsorship

Higher Education Sponsoring the college education expenses of the repatriate students who secure the first three ranks in Tamil Nadu and first rank holders in Kerala and Karnataka in the Govt. HR Secondary Board of Examination (+2), up to a maximum amount of Rs. 35,000/- p.a. Economically poor sponsorship. The Trust also sponsors the educational expenses of eleven meritorious students in Tamil Nadu and two students each from Kerala and Karnataka, totaling fifteen who are economically poor, up to a maximum amount of Rs. 35,000/- p.a. for B.E./M.B.B.S. and Rs. 25,000/- for other courses.

Sponsorship for Orphaned children of Repatriates

Sponsoring the higher education expenses up to Rs. 35,000 per year for the children of repatriates who
lost their both parents due to the COVID-19 pandemic or some other eventualities.

Educational Loan

Educational loans to repatriates students who pursue graduate or postgraduate professional courses in accredited institutions in India at a nominal rate of interest

Loan Amount ( Rs. )

Rate of Interest

Collateral Security Needed

Upto 1,00,000 4.00%

No

Above 1,00,000 to 2,00,000 4.00%

Yes

Above 2,00,000 8.50%

Yes

Download Application for Educational Aid

கல்வி உதவித்தொகை விண்ணப்பம்
Application for seeking Education Aid

[Last date for receipt of Application for seeking Education Aid is 30th September.]

Repatriates Cooperative Finance and Development Bank Ltd. (REPCO BANK) was registered on November 19, 1969, as a Cooperative Society under the relevant provisions of the Madras Cooperative Societies Act, 1961, with jurisdiction over the State of Tamil Nadu, Andhra Pradesh, Karnataka, Kerala and the Union Territory of Puducherry.

Repco Towers, No : 33, North Usman Road,
T.Nagar, Chennai - 600017

Ph No - 044-28340715

Email - ho@repcobank.co.in

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