PGP MFAB Fees and scholarships
PGP MFAB
Fees and Scholarships
Programme Fee
PGP MFAB programme fee for the academic year 2025-26 is ₹42,13,000 plus taxes. This fee includes the programme fees, course material, meals, accommodation, as well as lodging facilities for the international immersion programme. It also includes a one-time fee for lifetime usage of our Learning Resource Centre (LRC) and the recreation centre.
It does not include travel costs from your home location to both ISB campuses or travel to the international site for the immersion programme
IDFC FIRST Bank Education loan will carry unique features and conveniences like:
- Unsecured loans of up to Rs. 40 lakh*
- Faster Approvals
- Up to 100% financing (with living expenses)
- Income Tax benefits under section 80E
- Widest range of pre-approved courses
- Personalized loan solutions
- Attractive & competitive interest rates
| 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 Mohali Main Branch: Mr. Deepak Kumar (Branch Head) Phone No: 9766939993 Ms. Konica Sharma (Deputy Branch Head) Phone No: 9816650471 Mr. Ajay Sood (Coordinator Ed. Loans) Phone No: 7508128080 Email ID: SBI.01828@SBI.CO.IN |
| 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 |
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 |
|
Maximum Loan Amount |
Rs. 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 Loans upto Rs. 20Lakhs: 8.05% For Loans above Rs. 20Lakhs: 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 4. Madhapur Branch K. Shailesh Manager Mobile No: 9494929829 |