Loans

Financial assistance in the form of loans may be available to participants of this programme. Interested applicants may directly contact the financial institutions for details.

Indian Bank
Logo
 
Maximum loan amountNeed based loan limit upto Rs 30.00 lakh
Interest rate1 Year  MCLR at present 8.50% pa  (No other Interest concession available for girl students)
 
Repayment periodMaximum repayment period is 15 years excluding moratorium period
Moratorium periodCourse Period + 1 Year (or) after getting Job whichever is earlier
Collateral securityNIL (Parent / Guardian / Spouse will have to stand as co-applicant)
Pre payment chargesNIL
Insurance coverLife Insurance Policy is mandatory for the loan limit sanctioned covering the entire loan period
Contact pointHyderabad, Gachibowli branch
Shri N Prasanna Kumar
Indian Bank
H.NO 2-29/1/14/C, Plot No 12-16
Cyber Apartments, Indira Nagar
Gachibowli, Hyderabad
Contact No: 040-23000889
Mobile No:9848172875
E-mail: gachibowli@indianbank.co.in
 
Zonal office 
Smt. S Bavani
Indian Bank, Zonal Office
4th Floor, Liberty Plaza
Himayatnagar, Hyderabad
Contact No: 7036248811
E-mail: bavani.s@indianbank.co.in
 

Axis Bank Ltd
Contact:
Pramod Shetty
+91 953 839 7788
 
 
 
Credila Financial Services Ltd
Contact: 
Chakravarthy
+91 77998 23111
Email: chakravarthym@credila.com

Vicky Francis
+91 98237 36643
vickyf@credila.com
 
Customer Service
1800-209-3636
loan@credila.com