Education Aid

To motivate repatriates students to excel in their higher studies Educational Scholarships are awarded every year from Under Graduation to Doctorate Programme. The Scholarships awarded to various studies are appended below:

S.No

Name of the Course

Eligible Amount (in Rs. )

1 M.D., M.D.S., M.V.Sc., Ph.D.

Rs.15,000/-

2 M.B.B.S., B.D.S., B.V.Sc., B.N.Y.S.

Rs.12,000/-

3 M.E., M.Tech., M.L., MSc (Nursing), MSc (Agriculture)., M.B.A., M.C.A., M.Pharm.

Rs.9,000/-

4 M.Phil., and All other Post Graduate Courses

Rs.7,000/-

5 B.E., B.Tech., B.L., BSc (Nursing)., BSc (Agriculture), B.Pharm. & C.A

Rs.7,500/-

6 M.Ed., M.P.Ed., & M.P.T

Rs.6,500/-

7 Engineering Diploma courses

Rs.6,000/-

8 B.Ed., B.P.Ed., & Physiotherapy courses

Rs.5,000/-

9 All other undergraduate courses

Rs.4,500/-

10 All other 3 year Diploma courses

Rs.4,500/-

11 All other 1 year Diploma courses

Rs.4,500/-

Top Scorer CashAward

Higher Secondary Board Examination (12th Standard)

Position

Awards

1st Place

15,000/-, Memento and Certificate

2nd Place

12,500/-, Memento and Certificate

3rd Place

10,000/-, Memento and Certificate

Students securing 500 marks & above

8,500/- and Certificate

Higher Secondary Board Examination (11th Standard)

Position

Awards

1st Place

Rs. 13,000/-, memento & certificate

2nd Place

Rs. 11,000/-, memento & certificate

3rd Place

Rs. 9,000/-, memento & certificate

Students securing 500 marks & above

Rs. 7,000/- and certificate

S. S. L. C Board Examination:

Position

Awards

1st Place

12,500/-, Memento and Certificate

2nd Place

10,000/-, Memento and Certificate

3rd Place

7,500/-, Memento and Certificate

Students securing 400 marks & above

6,000/- and Certificate

Higher Education Sponsorship

Higher Education Sponsoring for college education expenses of the Repatriate students who secure the first three ranks in Tamil Nadu and first rank holders in Kerala, Karnataka, Pondicherry and Andhra Pradesh in the Government Higher Secondary Board Examinations (+2) upto a maximum amount of Rs.50,000/- p.a for M.B.B.S/Engineering Courses and Rs.40,000/- p.a for other UG Courses.

Economically Poor Sponsorship Scheme (UG Course):

Sponsoring the Higher Education Expenses (UG courses) of those students who have performed well in 12th Standard Public Exam, but belong to economically poor Repatriate families. As per the scheme, totally 18 students i.e. 11 students from Tamil Nadu, 2 students each from Kerala & Karnataka and 1 student each from Andhra Pradesh, Telangana and Pudhucherry (UT) will be selected for reimbursement of education expenses. The maximum sponsorship amount of Rs.50,000/- p.a for M.B.B.S/Engineering Courses and Rs.40,000/- p.a for other UG Courses.

Economically Poor Sponsorship Scheme (Higher Secondary Education):

Sponsoring the Higher Secondary Education Expenses (+1,+2,PUC) of those students who have performed well in 10th Standard Public Exam, but belong to economically poor Repatriate families. As per the scheme, totally 18 students i.e. 11 students from Tamil Nadu, 2 students each from Kerala & Karnataka and 1 student each from Andhra Pradesh, Telangana and Pudhucherry (UT) will be selected for reimbursement of education expenses. The maximum sponsorship amount of Rs.15,000/- p.a..

Education Loan

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

Loan Amount ( Rs. )

Rate of Interest

Collateral Security Needed

Upto 1,00,000 4.75%

No

Above 1,00,000 to 2,00,000 4.75%

Yes

Above 2,00,000 9.25%

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, N0:33, North Usman Road ,T.Nagar, Chennai - 600017

Ph No - 044-28340715

Email - ho@repcobank.co.in

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