The Pan IIT Alumni Reach for India Foundation (PARFI) is a part of promoting its development agenda set up to provide vocational industry specific training to create a talent pool of industry ready workers based on the demand. NABFINS as a strategic partner extends credit to these candidates to meet their training cost. Post-employment these candidates are expected to repay the loan at customized EMIs with adequate time for their placement and commencement of earnings.
| Borrower Category | Loan Amount | Interest rate (%) | Penal Charges |
|---|---|---|---|
| *Individuals | Up to Rs.25000 | 6% | Nil |
