Programme Expenses

Below is the Fee Structure for PGP 2020-21. The new fee structure for the next batch will be updated shortly:

Particulars

 

Shared Accommodation

 

Studio Accommodation
Amount in INR
ADMISSION FEE 
Admission Fee (non-refundable)* 2,50,000 2,50,000
     
Add: GST @ 18% 45,000 45,000

 Total

2,95,000 2,95,000
 (Payable at the time of accepting the offer of admission)
TUITION & OTHER COSTS
Tuition Fee 24,54,000 24,54,000
Campus Accommodation 2,89,000 4,16,000
One time contribution for use of ISB library & recreation center 15,000 15,000
Alumni Association Membership Deposit (transferable to Alumni association fund upon graduation) 25,000 25,000
GST @ 18% (current applicable rate) 5,00,940 5,23,800
Total Fees Payable (inclusive of taxes) 35,78,940 37,28,800
OTHER EXPENSES 
Security Deposit ( Interest free refundable at the end of the academic year) 20,000 20,000
Total Amount Payable (in INR)* * 35,98,940

37,48,800

*Admission fee is partly refundable as per the refund policy, if the student does not enroll.
*Admission fee remitted, deferral deposit and tuition waiver awarded (if any) to be deducted from the total amount payable at the time of enrolment.
Insurance premium towards hospitalization insurance policy will be charged at actuals

 

Other Estimated Expenses for PGP per student on Campus:

Sl.no

Particulars

Amount IN INR  (approx.)

1

Books

20000

2

Laptop

50000

3

Meal Plans

75000

Download the Fee Payment Schedule here

Scholarships

Note:

*All applicants are considered for Merit scholarships by default.

*All tuition waivers will be adjusted against the payable tuition fee and will not be disbursed directly to the student. 

*Each applicant will be eligible to receive only one of the tuition waivers. 

*The information provided aims to be accurate as far as possible at the time of publication. The school reserves the right to add, withdraw or modify any of the criteria, amount and count for all the tuition waivers cited above at any time.

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Maximum loan amount

Need-based subject to maximum of Rs.30.00 lakhs or 95% of course cost whichever is lower

Interest rate

1 year RLLR+0.3% i.e. 8.40% at present floating(No further concession for girl child/Merit student

Repayment period

Maximum repayment period is 10 years. The accrued interest during the moratorium period is to be added to principal while repayment in EMI is fixed.

Moratorium

Course period+1 year or 6 months after getting job whichever is earlier

EMI Option

Option 1: Standard
Option 2: Remittance of only interest during the first two years and balance interest and principal to be adjusted and collected within the remaining period

Collateral Security

NIL

Co-obligation

Co-obligation of earning parents/spouse suitable third party in case parents/spouse has no earning

Payment of Interest

Will be collected as a part of the EMI after moratorium, whenever the repayment  commences

Pre-payment Charges

NIL

Insurance Cover

Mandatory liability Insurance on the loan amount availed

Contact point

Hyderabad Branch:
Andhra Bank, Hitech City Branch,Q-4, A-2,
Cyber towers, Madhapur,Hyderabad-500081
Phone: 040-23421106/107/109
Email Id: bm1070@andhrabank.co.in
 
Contact
1. Mr. U. Veerabhadra Rao, Chief Manager, Mobile: 9490741852
2. Mrs.Y.Renuka, Asst.Manager, Mobile: 9491266662

 

 

 

 

 

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Maximum loan amount

Upto 34 lacs without security 

Margin Money 

Not Required

Repayment Period

10 years

Moratorium period

12 months course + 6 months grace period ( Simple Interest to be paid during moratorium)

Rate of Interest

9.75%

Repayment Options 

EMI/ SI/ Part simple interest (2,000 p.m.)

Processing Fee Amount

5000 + tax

Insurance Cover

Required

Collateral Security

Not Required

Co-borrower

Relationship Self (applicant) as primary co-borrower
Parents/Siblings/Spouse as additional co-borrower

Pre-payment Charges

No pre payment and part payment charges

Contact Point

Venkata Rao Pallanti
Mobile No.: 8142400094
E-mail ID: venkatarao.pallanti@avanse.com

Toll-free : 1800-833-6333 | SMS: AVANSE to 56677

 

Loan Application | Checklist

 

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Maximum loan amount

Salaried Individuals: Up to Rs. 1 crore
Self-employed: Up to Rs. 3 crore with suitable collateral

Interest rate

Starting from 9.6%, with a loan against 75% of the property value

Repayment period

Maximum tenor up to 20 years

Moratorium   

Pay only interest as EMI. Repay the principal at the end of the tenor.

Collateral

Mortgage property.

Security

Co-borrower required, Property on name of self, Parents, Spouse.

EMI Payment option

Flexi Payment option with a long tenor ranging from 2 to 20 years. By adding the Flexi Hybrid feature to the loan, withdraw and borrow from the credit limit multiple times and pay only interest as EMI. Repay the principal at the end of the tenor.

Pre-payment/ pre-closure charges

No charge on part pre-payment, managing and repaying the loan becomes more cost-effective.

Insurance Cover

Not compulsory.

Processing Fees

Processing Fees Maximum upto 1%** of the disbursal amount

Contact point

Salaried Customer 
salaried.lap1@bajajfinserv.in

Self-employed Customer
loanagainstproperty@bajajfinserv.in

Customer Care Number
18002091999

 

Loan Application

 

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Maximum loan amount (Collateral security Free)

Maximum up to Rs. 40 lakhs

Interest rate

@BRLLR i.e. 8.10%

Processing Fee

Nil for loan up to Rs. 40 lakhs

Margin

Nil

Repayment Type

EMI/Simple Interest/Token Amt/Complete Moratorium

Repayment period

- For loans up to Rs. 7.50 lakhs: Maximum 10 years (excluding moratorium)
- For loans above Rs. 7.50 lakhs: Maximum 15 years (excluding moratorium)

Moratorium   

Course period + 1 year

Collateral / Security

- Up to Rs. 40.00 lakhs: Co-obligation of parents/guardian and assignments of future income.
- Above Rs. 40.00 lakhs: Tangible collateral security equal to 100% of the loan amount plus assignment of future income

Pre-payment charges

NIL

Contact point

Hyderabad
Bank of Baroda, Hitech City Branch, 291/14/6/1, Ground floor, Bhaskar Empire - 500081
Contact No. 040-23118828 040-23421647 / 646 | Email: cybhyd@bankofbaroda.com
 
Point(s) of Contact:
Mr. J.V.Durga Prasad Rao

Contact Number. +91-9030133315

Mr. Rahul Reddy R
Senior Manager, SMS Hyderabad
Contact No. +91-8905442984

Mr. T V V S Sarma
Chief Manager
Contact No. +91-7993316545

Mohali
Point(s) of Contact:
Mr. Yogesh Kumar Solanki

Chief Manager
Contact No. +91-8558846415, 0172-5063468

 

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Maximum loan amount

20 Lakhs
(inclusive of insurance cover on the loan amount)

Interest rate

10.75% (Floating) and 0.50% special concession for female students

Repayment period

10 years upto Rs. 7.5 Lakhs
15 Years above Rs. 7.5 Lakhs

Moratorium

Course period +1 Year or 6 months or soon after placement, whichever is earlier

EMI Option

Standard

Security

1) Co-applicant OR
2) Personal Guarantor (preferably parent or spouse)
Acceptable by the bank

Payment of Interest

Included in the EMI

Pre-payment Charges

NIL

Insurance Cover

On the loan amount availed (Required)

Contact point

Hyderabad:
Ms. Khushboo Vaishnav
Marketing Manager
vaishnav.jagdishchandra@bankofindia.co.in
Hyderabad.marketing@bankofindia.co.in

 

Loan Application | Checklist

 

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Eligibility

All Nepalese Students admitted for Post Graduate Programme in Management Course offered by ISB

Maximum loan amount

NPR 6.0 Million or 90% of the total cost, whichever is lower

Interest rate

12% p.a. or as prescribed by Central Bank or Bank time to time

Moratorium

None

EMI 

Standard - NPR 1,435.00 Per one hundred thousand
EMI starts from the next month from the date of disbursement

EMI Repayment Source

Income of the student's Parents/Sponsors

Security

Registered mortgage over real estate - land/Building
Personal guarantees of Students/Parents/Sponsors
Insurance of Building  

Contact point

Key Branches for Loan Processing

Bank of Kathmandu Limited, P.O. Box 9044,
Kamal Pokhari, Kathmandu, Nepal
SWIFT: BOKLNPKA
Telex: 2820 BOK NP
Tel: (977 1) 4414541
Fax: (977 1) 4418990
Email: info@bok.com.np

 

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Application type

Online / offline application

Eligibility

Resident students of ISB Hyderabad / Mohali
Students should be Indian nationals

Quantum of loan

Up to Rs. 40 Lakhs.

Rate of interest

8.30%
 

Processing fee

NIL

Margin            

 NIL

Security

1. No Collateral Security or Guarantor is required.
2. Loan will be given jointly to student and parent/guardian as co-applicant.
3. Joint borrowership can be waived, but Rate  of interest to be charged 0.60% extra.(RLLR+0.60)

Repayment tenure

Repayment period is upto 15 years 

Maximum processing time

48 hours

Moratorium 

1.     Study Period plus 1 year or 6 months after getting job, whichever is earlier.

2.     Simple interest till completion of course and moratorium period. 

Repayment Penalty 

No prepayment penalty and Pre-Closure Charges

Other Details 

All Educational loans under Vidya Turant can be covered under CSIS Scheme (Central Scheme for interest Subsidy for ELs up to 10 Lakhs for those students whose parental /family income upper limit is Rs.4.50 Lakhs). The interest subsidy is equal to the interest debited   to the account during the course period moratorium period (1year+1year).
Life insurance coverage is mandatory under vidya surakasha yojana scheme.

Contact point

Canara Bank, Madhapur

Plot no: 20 & 21, Behind Bata Showroom
Megha hills,  Madhapur,
Hyderabad 500081.
Phone: 040-23110210
Mobile: 7382932209, 9396715778.
Cb3091@canarabank.com

Documents

Canara Loan Application | Checklist

 

Print

Maximum loan amount

25 Lakhs (Above 25 lakhs with suitable collateral)

Interest rate

11.95% (floating) with full moratorium during course
11.75% (floating) with interest repayment during course

Repayment period

10 years

EMI Option

Standard
 

Moratorium

18 Months from the commencement of the programme or placement whichever is earlier

Security

Co-borrower is required as Father, Mother, Brother, Sister, Spouse, Brother-in-LawPaternal Uncle as acceptable by Credila

Collateral

None up to 25 Lakhs

Pre-payment Charges

None after 2 years from the first date of disbursement

Insurance Cover

On the loan amount availed (Required) from HDFC Ergo General Insurance.

Processing Fees

Rs.5000/- Flat Inclusive of Taxes

Contact point

Vicky Francis
Mob: 9823736643
vickyf@credila.com
Landline: 0253 3249276
Toll Free: 1-800-209-3636, or loan@credila.com
http://messenger.providesupport.com/messenger/credila.html

 

Loan Application Form

 

 
 

Scheme

IB Educational Loan Prime Under IBA for Co-21 in Mohali & Hyderabad Campus

Maximum loan amount

40.00 Lakhs

Rate of Interest

(Repo Based- Floating)

With Co Applicant -8.05%

Without Co Applicant – 8.15%

Security

No Collateral Security

Margin

No Margin

Repayment Period

15 Years (180 Months) - Maximum

Moratorium  Period 

Course Period (12Months) + One year = 24 Months

Simple Interest During Moratorium 

Pre Payment, and processing charges 

NIL

Insurance

Cost effective Single Premium Policy

Sanctioning Time

24 hours 

Living Expenses

Covered

Reimbursements

Admission Fee(295000), Laptop Cost, Books Cost, Deferral Admission Fee, Student Exchange Program Expenses, Study Trek expenses, additional course expenses

Co-Applicant 

Parent / Guardian / Spouse will have to stand as co- applicant

Contact point

Hyderabad:
Mr. Prasanna Kumar
(AGM- Branch Manager)
M- 9848172875 (Whatsapp) | gachibowli@indianbank.co.in
 Address- Plot No. 12-16, Cyber Apartments,  
Indira Nagar, Gachibowli PO, Rangareddy Dist
Hyderabad – 500 032 
040 – 23000889; 23002820

 



Mohali:
Mr. Sukhdeep Singh
Branch Manager
8427688011 (Whatsapp) | isbmohali@indianbank.co.in
indianbankisbmohali@gmail.com (for large attachments only)
Branch Address- Indian School of Business, Sector-81, Mohali, Punjab 160062
0172-4591632, 33

 

 

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Maximum loan amount

Rs. 40 Lakhs

Interest rate

One Month MCLR  + 0.05 % per annum fixed

Presently applicable ROI is 7.00%

Repayment period

13 Years (excluding moratorium period)

Moratorium

1 Year (course period) + 1 year or 6 months after getting job whichever is earlier

Security

Nil

Payment of Interest

Will be collected as a part of the EMI after the moratorium

Pre-payment Charges

NIL

Collateral Security

NIL 

Processing Charges

NIL 

Documentation Charges

NIL 

Insurance Cover

Not mandatory 

Co-Borrower

Either Parents or Spouse

Contact point

Hyderabad
State Bank of India, HUC Branch, Gachibowli,  Hyderabad - 500019

Branch Email : sbi.05916@sbi.co.in

Contact Persons :

Surya Prakash Rao, Chief Manager : +91- 9949031301

V Bharathi, Deputy Branch Manager : +91-9985531122

Thushar Kowshik, Deputy Manager : +91-
9849811382

Mohali
State Bank of India, Phase - I Branch, Mohali - 160055

Branch Email: sbi.1828@sbi.co.in

Contact Persons :
Mr. Jivan Sharma, Branch Manager : +91- 9779585007

 

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Maximum loan amount

Maximum Rs. 30.00 lakhs.

Guarantor/Surety/ Collateral

Guarantee of parent.

Margin

5%

Interest rate

BR+ 0.50 (Presently 10.20%) If interest is served during Moratorium period, otherwise 1% additional interest. 0.5% concession to girl students.

Add ons

Student is eligible to

·         Open self introduced SB A/c with Debit-cum-ATM Card.

·         Avail Additional Loan up to Rs. 3.00 lakhs if selected to go abroad under student exchange scheme during the second year of the course in Management, up to the maximum loan of Rs. 20.00 lakhs.

Processing & Documentations charges.

Nil

Repayment period

Loans Upto   7.50 lakhs –  Up to 10 years(exclusive of moratorium period)

Loans Above 7.50 lakhs –  Up to 15 years(exclusive of moratorium period)

 

Moratorium

Course period+1 year or 6 months after getting job whichever is earlier

Expenses Considered

·         Fee payable to college/hostel (reasonable cost will be considered if student prefers outside accommodation)

·         Examination/Library/Laboratory fee

·         Insurance premium, if applied.

·         Caution deposit, building fund/refundable deposit supported by institution bills/receipts (ceiling 10% of tuition fee , if refundable deposit undertaking by student  agreeing to credit to loan proceeds after completion of course)

·         Study tours, equipments, computers and any other(ceiling of 20% of the tuition fee)

Contact point

HMWS & SB Building, West Block, 2nd Floor,
Khairatabad,  Hyderabad,
Tele-Phone No : 040-23394095/6363
E-mail ID:  ro.hyderabad@syndicatebank.co.in

Mrs. C Padma,                                                  

 Asst. Gen Manager ,

+91 - 9440905228

Mrs. Anuradha S Karunaker

Manager- Retail Credit

+91-9849668663

 

Mr. Praveen kumar.

Asst. Manager -Marketing

+91-8332996884
 

Mr. Yogendra Kr Singh,

Asst. Manager- Marketing

+91-9440905220

 

Loan Application Form   |   Check-list

 

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Maximum loan amount

Up to 30 Lakhs

Interest rate

12.00% p.a.
Rate of interest will be charged on daily reducing balance at monthly rests

Loan Tenure

5 Years

Repayment/ Moratorium

No Repayment Holiday/ Moratorium Period

Security

Security Cover in the form of immovable property to the extent of 80% of distress value.
Following points will be considered :
a) Security - Constructed property.
In case of Plot - it can be accepted in exceptional meritorious cases.
Plot should be collector N.A. and duly fenced.
b) Age of the property should not be more than 30 Years for commercial property and 25 Years in case of residential Property. Residual life of the property should be more than the Loan Tenure. The Property should have a completion certificate from the competent authority.
c) Property can be mortgaged by way of registered mortgage.
d) Banks charge acknowledgement copy registered on the property will have to be kept on record.
e) Security shall be free from any previous charges

Payment of Interest

Will be collected as a part of the EMI after the moratorium

Pre-payment Charges

NIL

Insurance Cover

Life Insurance cover is optional but highly advisable

Contact point

Hyderabad

3-5-798, Prathima Schalass,
New No. 248, Street No. 8,
Hyderguda, King Koti Road,
Pin :500 029
Tel : 040 - 23231705 Fax : 040-23231694

 

Chief Manager, C. Ramesh

Mob: 8886666012

Emailramesh.cheenepalli@cosmosbank.in

Land line : 040- 23231705

 

 

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Maximum loan amount

Up to 20 lakhs
(inclusive of insurance cover on the loan amount)
More than 20 lakhs
(on case to case basis with collateral as security)

Interest rate

8.50% p.a. (One year MCLR presently)

Repayment period

15 Years after moratorium

Moratorium

18 Months or soon after placement, whichever is earlier

EMI

Standard

Security

1) Co-applicant OR
2) Personal Guarantor (preferably parent or spouse)
Acceptable by the bank
3) Collateral required for loans more than 20 lakhs

Payment of Interest

Will be collected as a part of the EMI after the moratorium, whenever the repayment commences.

Pre-payment Charges

NIL

Insurance Cover

On the loan amount availed (Required)

Contact Details

1) Gachibowli: Contact No. 040-23004347

    Email : bm4131@vijayabank.co.in

2) RACPC –Hyderabad: Contact No. 040-23220940, 7036794300 (Mr. Srinivas Dasari)
    Email : hydracpc@vijayabank.co.in

 

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Maximum loan amount

INR 30 Lakhs or 100% of the total cost of the programme whichever is lower (inclusive of insurance cover)

Interest rate

FLOATING RATE OF INTEREST
All amounts: 8.25% 

Co-Applicant

Co-applicant is mandatory for all the loans. The loan documents should be executed by both, the student and the co-applicant/s

Repayment period

Repayment of loan will be in equated monthly installments for a period of upto 15 years after completion of moratorium period 

Moratorium

Course period + 1 year or soon after placement, whichever is earlier

Security

No security for loans upto INR 30 lakhs for students who have secured admission to ISB Hyderabad and Mohali Campuses

Insurance Cover

Insurance of Borrower/s is optional as per the requirement of the Borrower/s

Documents

(a) Applicant:
- Age proof
- ID proof
- Address proof
- Marksheets of last qualifying examination
- Proof of admission (before disbursement), scholarship, etc.
- Schedule of expenses for the specified course

(b) Co-applicant:
- Age proof
- ID proof
- Address proof
- Signature proof
- Employment or Business or Income proof

Contact point

Sudheshna Rangu, Assistant Manager
IDBI Bank Ltd, Gachibowli Branch
Near IIIT junction, JNIBF Campus
Gachibowli, Hyderabad - 500032 
Mob: 9094553246

 

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Maximum loan amount

Up to Rs.30.00 lacs
Loans above Rs..30.00 lacs shall be considered on case to case basis.

Interest rate

One year MCLR + 0.10 % presently 8.55%

Repayment period

15 years

Moratorium

Course period +1 year or 6 months after getting job, whichever is earlier

Security

·         Parents to be co-obligants

·         No Collateral security required 

Payment of Interest

Course period + 1 year        or        6 months after getting job, whichever is earlier

Charges

Upfront/Processing fee: Nil

Documentation Charges: Rs. 450 + ST only
TAT: 2-3 working days after submission of all the documents along with application

Reimbursement of fees already paid will be allowed within 6 months.

Documents Required

1. Loan application with Passport size photograph of borrowers & guarantor
2. Proof of age
3. Residence proof of Applicant and Co-obligants
4. PAN No. of Applicant and Co-obligants with 3years ITRs & Latest salary slip
5. Proof having passed the last qualifying examination
6. Letter of admission
7. Prospectus of the course and Fee Schedule
8. Details of Assets & Liabilities of Applicant and Co-obligants along with proofs
9. Receipt for the amount of fee already paid 10. Any other document/ information, depending upon the case

Contact point

CONTACT:
Mohd. Maqsud Ali, AGM – 9848384195
V. Satyanarayana, Chief Manager – 9676729292 

Punjab National Bank, Bank Street, Abids, Hyderabad
Landline: 040-24744534, 24741205, 24605688  email: bo0207@pnb.co.in

 

Loan Application Form   |   Check-list

 

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Maximum loan amount

Up to Rs.10.00 lacs.

Interest rate

12.%

Repayment period

10 Years

Moratorium

Course period +1 year or 6 months after getting job, whichever is earlier

Security

Loans Above 4 Lakhs need to be secured by way of one or two guarantors acceptable to the bank.
Loans above 7.5 Lakhs are required  to be secured by tangible collateral equivqlent to 12.5 % of the loan amount.

Payment of Interest

Course period + 1 year        or        6 months after getting job, whichever is earlier
 

Charges

Processing Fees         :     NIL
Prepayment Charges :     NIL

Documents Required

1.     Loan application with Passport size photograph of borrower and co-borrower

2.     Proof of age

3.     Residence proof of borrower and co-borrower;

4.     PAN no. of  the Co-Borrowers with 3years ITRs & Latest salary slip

5.     Proof having passed the last qualifying examination.

6.     Letter of admission

7.     Course fee details

8.     Documentary Evidence of the Assets and Liabilities of the Borrowers

9.     Any other document/ information, depending upon the case and purpose of the loan.

Contact point

Mustaq Ahmed

Branch Manager

Handheld: + 91 9866366900

Landline: + 91 4064631258

Email: mustaq.ahmed@dcbbank.com

Salima Dosania

Mobile:09819413101

Email:salimadossani@dcbbank.com

 

Loan Application Form   |   Check-list

 

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Maximum loan amount

Maximum Rs. 30 lakhs. Without any collateral Security

Guarantor/Surety/ Collateral

Guarantee of Spouse/parent/Parents-in-law/Guardian/close relatives acceptable by the Bank.
No Collateral Security required.

Margin

10%

- Company Sponsorship / assistantship to be included in margin
- Margin may be brought in as and when disbursements are made on a pro-rata basis at applicable rates

Interest rate

@ MCLR for loans up to 20 lacs which is 9.60 %    Only Simple interest charged during moratorium period

MCLR + 1% for loans above 20 lacs ( Negotiable )

Special Offer to ISB Student

Student is eligible to

·         Open self introduced SB A/c with Debit-cum-ATM Card, Internet banking etc.

Processing Fee

Nil for Loan up to 20.0 Lacs                     

 Rs 2500 + Service Tax for Loans above 20 Lacs

Repayment period

Up to 10 years

Moratorium

Course period + 6
Course period + 3 months in case of working professionals.

Insurance Cover

·         Single premium policy covering Loan Amount. Insurance amount can be included in the loan amount.

Contact point

Sh. Rajiv Chauhan,
Manager & Br.Head, 
Branch- Mohali
Ph. No: +91-8146080349
01722216183
01722216182
www.federalbank.co.in

Contact
Mr. Satish                 9908947960
Mr. A Siva Prasad   9849782409

 

Loan Application Form   |   Check-list

 

 

Logo
Maximum loan amount Minimum Rs. 1 lakh and maximum up to 40 lakhs
Interest rate 10.50%
Processing Fee Nil
Margin No Margin for Loan Up to Rs 20 L, Above Rs 20L-15%
Repayment Type EMI/Simple Interest/Token Amt/Complete Moratorium
Repayment period EMI repayment up to 8 years after moratorium
Moratorium    Course period + 6 months
Collateral / Security No collateral security required
Insurance Applicable
Pre-payment and Part payment Available
Pre-payment/ pre-closure charges NIL
Contact point Hyderabad
Ashwin BM 
ICICI Bank, Indian School of Business, Gachibowli, Hyderabad - 530032
Contact No. +91-9985784567 | Email: ashwin.bm@icicibank.com
 
Chandigarh
Amarjit Singh Sodhi
ICICI Bank, Plot 143, City Emporium Mall, 3rd floor, Industrial Area Phase 1, Chandigarh – 160002
Contact No. +91-9988003498 | Email: amamrjit.sodhi@icicibank.com

Central Contact
Balaji CS
Mumbai
Contact No. +91-9941504900 | Email: balaji.cs@icicibank.com
Documents Checklist

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Logo logo.png
Maximum loan amount Maximum up to 30 lakhs
Interest rate UCO Float Rate + 0.15% i.e. 8.20% (8.05+0.15=8.20) currently
Processing Fee Nil
Margin Nil
Repayment  Repayment of the loan will be in maximum 180 equated monthly installments (EMIs*) i.e. 15 years after repayment holiday/moratorium period
Moratorium Period Course period + 1 year after completion of study
Security No security required
Insurance Maximum loan amount Rs. 30 lacs (inclusive of group credit life insurance premium)
Contact point Hyderabad
M Srinivass Chary, 
Branch Head, Suryanagar Branch
Contact No. 040-23563006, 23560989
 
Hyderabad
Manoj Kumar Bhukya, 
Branch Head, Gachibowli Branch
Contact No. 040-23005022

Hyderabad
B Murali Krishna, 
Branch Head, Madhapur Branch
Contact No. 040-23110118

Chandan Bandha, 
Manager- Marketing
Contact No. 9337355588
 
Logo union bank of india.gif
Maximum loan amount Rs.42.74 Lakh
Interest rate EBLR (Presently  -  7.20%)
Processing Fee Nil
Repayment period 15  Years (Excluding Moratorium Period)
Moratorium    1 year (Course Period) + 1 year or 6 months after getting employment whichever earlier
Collateral / Security Nil
Insurance Cover Mandatory
Payment of Interest  Servicing of Interest during course/moratorium period is optional.
Pre-payment charges Nil
Co-Borrower Nil
Contact point Hyderabad
Mr. Chavali S Srinivas
Chief Manager, ULP Head, Saifabad
Hyderabad-500004
(M):88070 05185 | 94442 15185
Email: ulphyderabad@unionbankofindia.comcss@unionbankofindia.com

 

Mohali
Mr. Bhaskar Jha, Chief Manager, Union Loan Point,
SSS-06, PHASE-6, Opp. Jain Mandir,S.A.S NAGAR,
Mohali - 160056
(M):87098 68892 | 94713 49684

Email:ulpmohali@unionbankofindia.com ; bhaskarjha@unionbankofindia.com

Availment of Loan The Student can avail the loan from nearest ULPs(Specialized Retail Loan Branches)  across the Country or any of the nearest Union Bank of India, Bank Branch

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Working Hours (IST)

Monday to Friday, 10:00 to 17:00