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The programme fee for the academic year 2024-25 is ₹ 42,13,000 (plus GST).
FEE ITEM | FEE (₹) |
---|---|
Admission Fee | 3,00,000 |
Programme Fee | 39,13,000 |
Total Amount Payable | 42,13,000 |
*It includes accommodation, food, and all course related material
*Accommodation during the international immersion is also included in the fees
*Travel costs from your home location to both the ISB Campuses & International location are not included
*Tuition Fee includes One-Time Fee for ISB Alumni for use of LRC and RC
A refundable security deposit of ₹20,000 has to be paid in addition to the amounts mentioned above.
This amount is refundable after deduction of any dues payable to the School.
The Alumni membership fee of ₹25,000 is paid at the beginning of the programme.
This fee could be fully refundable for participants who do not graduate from the programme either due to withdrawal or failing to clear the examinations.
A senior member from the participant’s family can attend a 3-day executive education programme ‘Family Business: Managing Growth and Transformation (MGT)’* free of cost.
The programme is offered by Centre for Executive Education, ISB. This offer is valid only for the MGT programme offered in the years
2024-25
*The programme name, fee, duration etc. may change.
Notes:
The tuition fee is payable in 4 equal installments over 12 months
The ISB reserves the right to revise the programme fee
The refund of any fee is subject to the refund policy prevailing at the time of seeking a refund
Service tax rate applicable will be as notified by the Government from time to time
It is mandatory to live in accommodation provided by the School during the days of classes
Participants may be required to purchase other electronic aids (iPad etc.) as per programme specifications
Additional costs:
Travel for classes at ISB-Hyderabad/Mohali
Travel (airfare/local conveyance) for the international immersion
Accommodation during field trips and travel associated with field trips
Purchase of laptops and other electronic aids recommended by the programme office
Other miscellaneous expenses like mini bar, laundry, beverages, meals outside campus etc.
Maximum loan amount |
Rs.50 Lakhs (incl GST) |
Margin Money |
0 |
Course Period |
18 Months |
Repayment Period |
180 Months |
Moratorium period |
Course Period+1 month moratorium |
Rate of Interest (EBLR+CRP+BSP=8.55% + CRP+BSP) |
8.00% Floating (co-borrower mandatory) after 0.60% concession |
Repayment Options |
Servicing the interest during course period and Moratorium Period to be mandatory. |
Processing Fee Amount |
NIL |
Insurance Cover |
Life Insurance of the student will be covered under Rinn Raksha scheme or any other scheme in vogue in SBI from time to time. Premium will be a part of the expenses considered for total loan amount |
Collateral Security |
NIL |
Co-borrower |
Mandatory for Part Time Course |
Pre-payment Charges |
NIL |
Contact point |
SBI HUC Br Hyderabad 05916: 1. Mr. Balla Dayakar, Chief Manager: 9949031301 2. Mr. A Harinath, Manager: 8008179998 3. Miss. Anmol Mohan, Field Officer: 7032659200 4. Mr. Likhith, Special Point of Contact: 7893879124 |
Branch Address |
STATE BANK OF INDIA, EMAIL: sbi.05916@sbi.co.in |
Maximum loan amount |
Up to 45 Lakhs (Unsecured/Secured options available) |
Interest rate |
8.25% |
Repayment period |
Up to 168 months. |
Acceptable Security/Collateral |
Immovable Property, Fixed Deposit. |
Co-borrower |
Father, Mother, Spouse. |
Repayment |
Immediate EMI |
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. |
Insurance |
For Unsecured Loans |
Contact point |
HDFC CREDILA ‘s Dedicated Relationship Managers – Mr. Pradeep Nag Singh – 7799834111 Email : pradeepnags@hdfccredila.com Mr. Dibyananad Behera – 7391058833 Email : dibyananda.behera@hdfccredila.com OR Email: prasadr@hdfccredila.com For any Queries Elink: https://hdfccredila.viewpage.co/mba_ISB |