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Maximum Loan |
Rs.50.00 Lakh |
Rate of Interest |
EBLR-1.10% (Presently: 8.15%) (New EBLR-9.25%) |
Repayment Period |
15 years (Excluding moratorium period) |
Moratorium |
NIl |
Security |
NIL |
Pre-payment Charges |
NIL |
Collateral Security |
NIL |
Processing Charges |
NIL |
Insurance Cover |
Mandatory |
Co-Borrower |
Not Required. |
Contact |
Hyderabad Mr. Koka Srinivas Chief Manager, RLP Head (M): 9704222591 Email: ubin0577332@unionbankofindia.bank Mr. Moru Radha Krishna Chief Manager, RLP Head (M): 9391040525 Email: ulp.saifabad@unionbankofindia.bank Mr. Mylavarapu Hemanth Kumar Chief Manager, RLP Head (M): 9000965370 Email: ulp.gachibowli@unionbankofindia.bank Mr. Anil Kumar Chief Manager, RLP Head (M): 8897411055 Email: ulp.hyderabadkoti@unionbankofindia.bank Mrs. D. Shakeela Chief Manager, RLP Head (M): 8333942416 Email: ulphyderabad@unionbankofindia.bank Mr. Y. Maruthi Chief Manager, RLP Head (M): 9963335664 Email:rlp2.secunderabad@unionbankofindia.bank Ms. G Jareena Begum Chief Manager, RLP Head (M): 9908768091 Email: ulp.secunderabad@unionbankofindia.bank Chennai: Mr. Mahesh Kumar Chief Manager, RLP Head (M): 9899688723 Email: ulpchennaib@unionbankofindia.bank Delhi: Mr. Vikas Chandra Singh Chief Manager, RLP Head (M): 9899199062 Email: ulpdelhimb@unionbankofindia.bank Kolkata: Mr. Dipak Kumar Tiwari Chief Manager, RLP Head (M): 9717777790 Email: ubin0556203@unionbankofindia.bank |
Contact (Mumbai & Bengaluru )
|
Mumbai Mr.Noorul Haque Sheikh Chief Manager, RLP Head (M):7042839083 Email: ulpmumbaib@unionbankofindia.bank Mr. Amit Chourey Chief Manager, RLP Head (M): 9644433369 Email: ulpmumbaik@unionbankofindia.bank Bengaluru Mr. Dhanasekar K. Chief Manager, RLP Head (M): 9840840218 Email: ubin0563285@unionbankofindia.bank To Apply for the Loan: https://instaloan.unionbankofindia.co.in/online/educationlanding |
Availment of Loan |
The student can avail the loan from nearest RLPs (Retail Loan Points) across the country or any of the nearest Union Bank of India Branch. |
Sanctioning Authority |
Any Branch Head |
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Eligibility |
Student should be an Indian National & have secured admission on merit basis through entrance test/selection process of the Institute. |
Unsecured Loan Amount |
Unsecured Loan Amount up to Rs. 40 Lakhs |
ROI / Repayment Type / Repayment Tenure |
Repayment Type: Immediate EMI Repayment Tenure: 10 yrs ROI: 8.25% Repayment Type: Moratorium Applicable (Course period + 6 months) Repayment Tenure: 15 yrs ROI: 8.25% (floating rate linked with Repo Rate) |
Margin |
5% Margin on loan amount Above 4 Lakhs |
Processing Charges |
Applicable as per bank norms |
Pre-payment Charge |
NIL |
Pre Closure Penalty |
NIL |
Loan Disbursement |
To the Institute (Indian School of Business) |
Co-Applicant |
Applicable as per Axis Bank norms for Principal Moratorium cases* |
Insurance |
Max Life Insurance |
Axis Bank Contact |
Mr. Lakshmikanth Samaya +91-8297133888 lakshmikanth.samaya@axisbank.com
+91-9959681469 patlolla1.reddy@axisbank.com You can also give a missed call on 1800-258-7171 to avail education loan and our representative will get in touch with you. |
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Maximum loan amount |
Min ₹ 1 Lakh and Max Up to ₹ 1 Crore |
Interest rate |
10.25% (REPO+ 3.75%) |
Processing Fee |
0.75% + GST |
Margin |
No Margin |
Repayment Type |
Simple Interest / EMI /Full Moratorium |
Repayment period |
10-12 Years after Moratorium |
Moratorium |
Course Period + Up to 12 Months (Case to Case basis) |
Collateral / Security |
House, Flat, Fixed Deposit and Existing HL with ICICI Bank can be Cross collateral |
Insurance |
ICICI Prudential/Lombard |
Pre-payment and Part payment |
Available |
Pre-payment/ pre-closure charges |
NIL |
Contact point |
Hyderabad Prabhuchand Renukuntla ICICI Bank, Indian School of Business, Gachibowli, Hyderabad - 530032 Contact No: +91-9182827488 Email: prabhuchand.renukuntla@icicibank.com
Chandigarh Gajendra Bisht ICICI Bank, Plot 143, City Emporium Mall, 3rd floor, Industrial Area Phase 1, Chandigarh – 160002 Contact No: +91-8146608224 Email: gajendra.bisht@icicibank.com Central Contact Mr. Chakravarthy MVSK (North and East India) Mobile: +91 9321900686 Email: chakravarthy.mvsk@icicibank.com Mr. Vineet Singh (West and South India) Mobile: +91 8879769632 Email: singh.vineet@icicibank.com |
Loan Limit |
Up to 40 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 |
Income Tax Benefit |
Yes, Under section 80E of the Income Tax |
Repayment |
Immediate EMI |
Margin |
NIL |
Key Benefits |
Loan covers 100% of the cost Co-borrower Flexibility – Multicity Co-Borrower Accepted Education loan at your Doorstep 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 : HYDERABAD CAMPUS Mr. Pradeep Singh - 7799834111 Email : pradeepnags@hdfccredila.com MOHALI CAMPUS Mr. Dibyananad Behera - 7391058833 Email: dibyananda.behera@hdfccredila.com Or Email @prasadr@hdfccredila.com For Any Queries |
Terms |
Details |
Eligibility |
Indian National |
Rate of Interest |
8%* |
Max Loan Amount |
As per eligibility* |
Tenor |
Up to 144 month |
Costs Covered |
Tuition fees and ancillary expenses* |
Processing Fees |
Rs. 5000 + Taxes* |
Foreclosure Charges |
NIL |
Repayment Type |
EMI / SI / Partial SI / Moratorium* |
Co-applicant Required |
Yes |
Insurance Covered |
Yes |
Type of Loan |
Unsecured |
Contact Details |
Rajesh Modem Mobile: 9550765234, Email: rajesh.modem@idfcfirstbank.com Mumbai Dhiraj Kumbhare 9923930861 dhiraj.kumbhare@idfcfirstbank.com Pune Vishal sasulkar 9049873109 vishal.sasulkar@idfcfirstbank.com Gujarat Dhaval Shah 7862917737 dhaval.shah3@idfcfirstbank.com Indore Bhushan Popli 7879666000 bhushan.popli@idfcfirstbank.com Hyderabad & Bangalore Rajesh Modem 9550765234 Rajesh.modem@idfcfirstbank.com Chennai Siva Kumar 9962596990 sivakumar.k1@idfcfirstbank.com Delhi Anuj Kumar 9718193604 anuj.kumar9@idfcfirstbank.com Kolkata Charwak Kumar 8810240492 kumar.charwak@idfcfirstbank.com Chandigarh Uday Kumar 8288982606 uday.kumar1@idfcfirstbank.com |
*TnC - Approval, Sanction & Disbursement and Repayment subject to Banks internal policy checks, process and eligibility *TnC - Approval, Sanction & Disbursement and Repayment subject to Banks internal policy checks, process and eligibility |
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 |
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Maximum loan amount |
Max Unsecured up to 90% of the total cost or 50 lacs whichever is less Note: YES Bank account needs to be opened |
Margin Money |
10% |
Course Period |
18 Months |
Repayment Period |
Immediate EMI - Maximum 10 Years |
Rate of Interest |
Starting at 9.00%* P.A. floating rate (Repo rate + 3.1% Spread) |
Moratorium period |
NIL |
Repayment Options |
Servicing the interest during course period and Moratorium Period to be mandatory. |
Processing Fee Amount |
1% (inclusive of GST) |
Insurance Cover |
As Applicable |
Collateral Security |
NIL |
Co-borrower |
Parents / Grandparents / Spouse / Brother / Sister / Legal Guardian |
prepayment Charges |
NIL |
Contact Point |
North & East – Ankit Jain – +91-9654611713 South – Pramod Shetty – +91-9538397788 West – Prashant Singh - +91-7045359707 Central Team – Sandeep Date - +91-9819502354 |
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 |
Phone
Working Hours
Monday to Friday, 10:00 AM IST to 05:00 PM IST