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.
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Maximum loan amount | Need based loan limit upto Rs 30.00 lakh |
Interest rate | 1 Year MCLR at present 8.35% pa (No other Interest concession available for girl students) |
Repayment period | Maximum repayment period is 15 years excluding moratorium period |
Moratorium period | Course Period + 1 Year (or) after getting Job whichever is earlier |
Collateral security | NIL (Parent / Guardian / Spouse will have to stand as co-applicant) |
Pre payment charges | NIL |
Insurance cover | Life Insurance Policy is mandatory for the loan limit sanctioned covering the entire loan period |
Contact point | Hyderabad, Gachibowli branch
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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: 8.50% (floating rate linked with Repo Rate) |
Margin | 5% Margin on loan amount Above 4 Lakhs |
Processing Charges | NIL |
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 | Hyderabad: Mr. Lakshmikanth Samaya +91-8297133888 lakshmikanth.samaya@axisbank.com
Bangalore: Agilan +91-9379192495
Mumbai: Mr Dinesh Saraswat +91-9323898554
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 | Minimum Rs. 1 lakh and maximum up to 40 lakhs |
Interest rate | 11.50% |
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 |
Contact:
Vicky Francis
Mobile: +91 9823736643
Email: vickyf@credila.com
Customer Service
Toll-Free: 1-800-209-3636
Email: loan@credila.com
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Maximum loan amount | Rs. 40 Lakhs |
Course Duration | Should be minimum 1 year |
Maximum Age of the applicant | 40 Year |
Co-applicant | Mandatory (either Spouse or Parents) |
Interest rate | One Year MCLR + 2.25 % per annum floating Presently applicable ROI is 9.50% |
Repayment period | Servicing the interest during course Period & Moratorium Period to be Mandatory. Moratorium Period: Upto 1 month Post Course Completion. Repayment Period: Upto 10 years Post Course Completion. |
Security | NIL |
Pre-payment Charges | NIL |
Processing Charges | NIL |
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 |
Mr. Kiran Bharadkar
Number: 91 9930844034/ 022-61331830
Email: Kiran.bharadkar@avanse.com
Working Hours
Monday to Friday, 10:00 to 16:00