Bank Loans

Financial assistance in the form of tuition fee loans are available to participants . The sanction of loans is at the complete discretion of the financial institutions concerned. You may contact the below financial institutions for student loans.
Axis Bank Ltd

Binita Dasgupta
91 9538020909/ +91 22 43252396 or

Union Bank of India

  •  Maximum quantum of loan Rs.38.62 lakhs
  •  Interest rate @1 yr- MCLR+0.20, at present 8.40%
  • No collateral security
  • Maximum repayment period tenure after course will be 15 years or up to the 60 yrs age of borrower whichever is earlier

QUANTUM OF LOANRs. 38.62 LAKHS 15% Margin to be taken on total programme fee of Rs 45.44 Lakh
INTEREST RATE1 yr- MCLR+0.20, at present 8.40% for both male & female student. No further concession/ rebate for serving interest during course/ moratorium period. If the loan is taken over by other bank/FI, then normal interest, as applicable on the date of sanction, to be charged ab-initio.
REPAYMENT PERIODUp to Rs. 7.50 lakhs- 10 years
Above Rs.7.50 lakhs- 15years
MORATORIUMCourse period
CO-APPLICANTParents or spouse to be made co-applicant or personal guarantor.
SECURITYNo collateral or third party guarantee is required, irrespective of the income/means of the applicant.
However, in cases where spouse / parents are not there, third party guarantee with adequate means to be obtained
INSURANCETerm life insurance policy to be obtained and assigned in favor of bank.
The premium of insurance can be included in the loan amount if requested by the student.
Contact point
Hyderabad Campus
Chavali S Srinivas, 
Cheif Manager, CAG Team, Regional Office, Hyderabad
Contact No. +91-8807005185 / +91-9444215185 | Email:
Mohali Campus
Mr. Bhaskar Jha
Cheif manager, Union Loan Point,SSS-06, PHASE-6, Opp. JainMandir,S.A.S NAGAR, Mohali
Contact No. 8725029734 | Email :-
Addresses & Contact Details

Avanse Financial Services Limited
Mr. Venkata Rao Pallanti   
Number: 8142400094

Mr. Kiran Bharadkar
Number:  91 9930844034/ 022-61331830

Applicable Year/s2017 – 2019 (15 Months Course)
Max Loan AmountUnsecured: Upto 34 lakhs Fully Secured: Above 34 lakhs
Margin Money RequiredNo
Repayment ModeEMI SI
Costs CoveredTuition, Fees, Visa, Hostel, Books, Insurance, Meals, Travel, Laptop, etc
Product Tenure10 years max
Rate Of Interest9.75%
Processing Fee5,000 + Tax
Co-borrower RelationshipsFinancial co-borrower as co-applicant with self-owned residence Borrowers or co-borrowers income min Rs 90,000/- pm (net after all liabilities) and eligibility determined on the basis of co-borrowers income
Insurance CoverYes
Collateral Security TypeNo collateral required upto 34 lakhs
Co-Borrower LocationsDHFL Locations
Co-Borrower's OccupationSalaried/SEP/SENP*
Pre-payment/Foreclosure ChargesNil
Contact DetailsName: Kiran Bharadkar Mobile No.: +91 9930844034/ 022-61331830 E-mail ID:
Additional Details*SENP 0.25% extra RoI

Credila Financial Services Ltd

Vicky Francis                

Customer Service