Fee and Financing

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Loans

Axis Bank

✔ Collateral free loan
✔ No prepayment charges/foreclosure charges
✔ Repayment tenure as long as 15 years with a very low EMI
✔ 100% tax benefit for interest paid under Sec (80E)

AXIS BANK EDUCATION LOAN-TERM AND CONDITIONS*
INDIAN SCHOOL OF BUSINESS, HYDERABAD
S No	Parameters	Details
1	Eligibility	Student should be an Indian national & have secured admission on merit basis through entrance test/selection process of the Institute
2	Course Name	PGP
3	Unsecured Loan Amount	Unsecured loan amount up to Rs 50 lakh
4	Repayment Type/ Repayment Tenure/ROI	Immediate EMI, 10 yrs, 8.25% Moratorium Applicable (Course period + 6 months), 15 yrs, 8.25%
5	Margin	5% margin on loan amount above 4 lakh
6	Processing Charges	Applicable as per bank norms
7	Loan Disbursement	To the institute (Indian School of Business)
8	Co-Applicant	Applicable as per Axis Bank norms for Principal Moratorium Cases*
9	Insurance	Max Life Insurance
10	Axis Bank Contact	Jagadishwar Reddy +91-9959681469 patlolla1.reddy@axisbank.com Mr. Lakshmikanth Samaya Mobile No: +91-8297133888 Email ID: lakshmikanth.samaya@axisbank.com

*Approval, sanction and disbursement subject to bank's internal policy checks, process and eligibilty

Bank of Baroda

Maximum loan amount	Rs. 40 lacs
Margin Money	Nil
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 period	Course period + 1 year
Rate of Interest	Starting from @ BRLLR - 1.00% i.e 8.15%
Repayment Type	EMI/Simple Interest/Token Amt/Complete Moratorium
Processing Fee Amount	Nil
Collateral Security	- Up to Rs. 40.00 lakhs: Co-obligation of parents/guardian and assignments of future income.
Mode of Application	1. Digital Lending Platform (*https://dil2.bankofbaroda.co.in/el/*) 2. Manually through the nearest Bank of Baroda - Branch
Pre-payment Charges	Nil
Contact Point	Hyderabad- ELSC, # 1-8-664, 2nd floor, Plot No. 21/1, M. H. Bhavan, Azamabad, Near RTC Kalyana Mandapam, Hyderabad-500020. Email: *elsc.hyderabad@bankofbaroda.com* Point(s) of Contact: for Sales Mr D Satyanarayana Raju Chief Manager, ELSC Hyderabad Mobile No: 9030912231 Mr D Ranjit Darahas, Manager Mobile No: 8297687339

Central Bank

Maximum loan amount	50 lacs
Margin Money	Nil
Repayment Period	15 Years(Excluding Moratorium i.e. Course Period+1 Year)
Moratorium period	Course period + 1 Year
Rate of Interest	For Loan Amount Up to Rs.20 Lakhs Repo (6.50) +1.55% i.e.8.05% For Loam Amount above Rs.20 Lakh Repo (6.50) +1.60% i.e.8.10%
Processing Fee Amount	Nil
Insurance Cover	Insurance Cover included Equivalent to Loan Amount for repayment Period.
Collateral Security	No collateral security, except assignment of present as well as future income of the student
Co-borrower	No Co- Borrowers
Pre-payment Charges	Nil
Contact Point	1.Gachibowli -Branch Mr.Sourabh Shulka-Chief Manager,Branch Head : Mobile No:6304903723. Mail ID : bmhyde3811@centralbank.co.in 2.Kukatpally Branch Mr.T.Vivekanand-Senior Manager,Branch Head Mobile No:6304903731 Mail ID : bmhyde3856@centralbank.co.in 3.Credit Dept./RAC Mr.Sameer Ghormade,Chief Manager,RAC/Credit Incharge Mobile No: 7262081444 Mail Id : : rachydero@centralbank.co.in

HDFC Credila

Maximum loan amount	Up to 45 Lakhs (Unsecured/Secured options available)
Interest rate	8.95% Onwards
Repayment period	Up to 168 months.
Acceptable Security/Collateral	Immovable Property, Fixed Deposit.
Co-borrower	Father, Mother, Spouse.
Income Tax Benefit	Yes, possible under section 80E of the Income Tax
Margin	NIL
Key Benefits	Loan covers 100% of the cost Co-borrower Flexibility – Multicity Co-Borrower Accepted Education loan at your Door Step Repayment tenor up to 14 years Preserve your family savings for emergencies and you may get better returns by investing. Empower you to take your own financial responsibilities and also build a good credit history.
Contact point	HDFC CREDILA ‘s Dedicated Relationship Managers – Mr. Dibyananad Behera – 7391058833 Email : dibyananda.behera@hdfccredila.com Mr. Nitesh kumar – 7799834111 Email : nitesh.kumar@hdfccredila.com

Indian Bank

Loan Amount	Need based to meet expenses for completion of the course. Reimbursement is allowed for fee paid by the student if any, for the 1^st semester.
Margin	(PGP- 1 year full time/ Residential programme): -15% However loan upto 100% (With Nil margin) can be considered.
Rate of Interest	ROI 8.10
Security	NIL for Loan uptoRs. 40.00 Lac
Moratorium period	for PGP -1 year full time/ Residential Program: Course Period + 1 Year For Executive Management Program/ Executive MBA (viz. on Part time/ Distance Education mode to working professionals): NIL
Repayment	For PGP -1 year full time /Residential Program: 180 EMIs/PMIs after the moratorium period Executive Management Program/ Executive MBA (on Part time/ Distance Education mode to working Professionals): 120 EMIs commencing from the next month after first disbursement.
Processing Fee	NIL
Insurance	Group Life Insurance Policy for the Loan amount sanctioned covering the entire period of loan is mandatory [ IB VidhyarthiSuraksha (PNB Met Life)/ New IB JeevanVidya (LIC)] or under any other policy as desired by the student.
Co borrower	Co borrower is optional
Income Tax benefit	Yes, Under Section 80E of the Income Tax Act
Contact	Hyderabad Deepak Singh Chief Manager - 9848172875/9444218960 Smt. Prohelee Das, Loan officer -040-2300 0889 Gachibowli Branch, Hyderabad. Email: gachibowli@indianbank.co.in Mohali Smt. Smriti , Senior Manager– 9161875222 Smt.Bhumika Rathre ,Assistant Manager- 9872547443 Email: isbmohali@indianbank.co.in ISB Mohali Campus branch, Mohali

State Bank of India

Maximum loan amount	Rs.50 Lakhs only
Margin Money	Not applicable
Course Period	12 Months
Repayment Period	180 months apart from moratorium
Moratorium period	For full time courses: 12 months For part-time courses: Course period + one month
Rate of Interest	8.10% Floating
Repayment Options	Standing Instruction with SBI and OR ECS mandate with other bank’s salary account
Processing Fee Amount	NIL
Insurance Cover	Optional
Collateral Security	NIL
Co-borrower	Optional
Pre-payment Charges	NIL
Contact point	Mrs. Jayashree Nirmalaya (Deputy Branch Head) Phone No: 8247869002 Mr. K Sekhar (Field Officer) Phone No: 9133175935 Mrs Jyothi S Phone No: 8688284732 sbi.05916@sbi.co.in
Branch Address	STATE BANK OF INDIA, ( Hyderabad) Hyderabad University Campus Branch(05916) opp: University of Hyderabad, Gachibowli, Serilingampally Mandal, Ranga Reddy District, Telangana-500019 EMAIL: sbi.05916@sbi.co.in SBI Mohali Campus, SCO 35, Near Franco Hotel, Phase 1, Mohali

Punjab National Bank

Maximum loan amount	35.00 Lacs*
Margin Money	NIL
Repayment	15 years(Excluding Course Period and moratorium period of 1 Year)
Moratorium period	Course period+1 year
Rate of Interest	8.10% (for loans above Rs.7.50 Lacs) The change in applicable rates will be effective from the next working day as and when RBI amends the repo rate.
Repayment Options	EMI (After moratorium period)
Processing Fees	NIL
Insurance cover	Mandatory
Collateral security	NIL
Co Borrower	Parent/Guardian as Co-Borrower
Pre-Payment Charges	NIL
Contact person	Mr.Sundeep Katchi - 8121530510 , Email ID: cac8384@pnb.co.in Mrs. Neha Kumari - 8076477668

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Union Bank of India

Maximum loan amount	Rs.50.00 Lakh
Margin Money	Nil
Interest rate	EBLR-1.10% (Present EBLR-9.25%)
Repayment Options	Serving the interest during course period +Moratorium period is optional
Processing Fee	Nil
Repayment period	15 Years (Excluding Moratorium Period)
Moratorium	Course period + 1 Year
Collateral / Security	Nil
Insurance Cover	Mandatory- Premium can be a part of the expenses considered for total loan amount
Payment of Interest	Servicing of Interest during course/moratorium period is optional.
Pre-payment charges	Nil
Co-Borrower	Nil
Contact point	To Apply for the Loan: https://instaloan.unionbankofindia.co.in/online/educationlanding Hyderabad: Anil Kumar Kongala- Assist General Manager 8897411055 Retail Loan Point Punjaguta Mail ID- rlp.punjaguta@unionbankofindia.bank Hemant Kumar – Chief Manager 9000965370 Retail Loan Point Gachibowli Mail ID- rlp.gachibowli@unionbankofindia.bank Radhakrishna Moru -Chief Manager 9391040525 Retail Loan Point Koti Mail ID- rlp.koti@unionbankofindia.bank Mohali Vahid Khan -Chief Manager 9672991064 Retail Loan Point Mohali Mail ID rlp.mohali@unionbankofindia.bank Mumbai Amit Chourey- Assist General Manager 9644433369 Retail Loan Point Kandivali Mail Id- rlp.kandivali@unionbankofindia.bank Kalyan Kumar- Chief Manager 9628371818 Retail Loan Point Bandra Mail Id- rlp.bandra@unionbankofindia.bank Ajay Masand- Assist General Manager 9718202061 Retail Loan Point Andheri Mail ID- rlp.andheri@unionbankofindia.bank Delhi: Atul Raj – Chief Manager 9022436196 Retail Loan Point Delhi North Mail Id- rlp.delhinorth@unionbankofindia.bank Swagatika Bal – Chief Manager 9717216479 Retail Loan Point Motibagh Mail Id- rlp.motibagh@unionbankofindia.bank Amit Kumar Sinha- Chief Manager 9888410812 Retail Loan Point Karolbagh Mail ID- rlp.karolbagh@unionbankofindia.bank Bengaluru: Devesh Bansal- Chief Manager Retail Loan Point Whitesfield 7018357223 Mail ID- rlp.whitesfield@unionbankofindia.bank Anil Kumar Tomar- Chief Manager 7500327173 Retail Loan Point Bengaluru North Mail ID- rlp.bengalurunorth@unionbankofindia.bank Uppara Nagaraju -Chief Manager 9030001248 Retail Loan Point Jayanagar Bengaluru Mail ID- rlp.jayanagarbengaluru@unionbankofindia.bank

ICICI Bank

No.	Parameters	Details
1	Loan Amount	Min ₹ 1 Lakh and Max Up to ₹ 1 Crore
2	Unsecured loan amount	₹ 1 Crore
3	Rate of Interest*	10.25% (REPO+ 3.75%) Current Repo as on date is 6.50% https://www.rbi.org.in/
4	Type of Interest	Floating Rate of Interest linked to RBI’s Repo.
5	Processing fee	0.75% + GST
6	Margin	No margin
7	Repayment Type in Moratorium	Simple Interest / EMI /Full Moratorium
8	Repayment Period after Moratorium	10-12 Years after Moratorium
9	Principal /Moratorium period	Course Period + Up to 12 Months (Case to Case basis)
10	Pre-payment Charges	NIL
11	Part Payment Charges	NIL
12	Fore Closure Charges	NIL
13	Collateral/Security for Secured loan	House, Flat, Fixed Deposit and Existing HL with ICICI Bank can be Cross collateral
14	Insurance available (Optional)	ICICI Prudential/Lombard
15	Disbursement frequency	As per Institute, fee payment schedules.
16	Disbursement of Loan	Fees will be transferred directly to the Official Institute Payment Fee Account.
17	Co-borrower Relationships Accepted	Father/Mother/Spouse/Brother/Sister/Parents In Law /Grand parents
18	Co Applicant (Financial) Not Required	For Applicants with 2 years or more work experience, financial coapplicant is not required.
19	Co-Borrower Locations Accepted	As per the Bank’s Listed Location
20	Sapphiro Credit Card Offer	Get 20,000 Reward Point every anniversary year 2 Complementary International Airport Lounge per year 4 Complementary Lounge access per quarter at select airport lounges Up to 4 complementary rounds of Golf every month Reward Points for domestic and international spends.