#2
| |||
| |||
Re: Indian Bank ISB Loan
As you are asking me for ndian bank Education Loan scheme for the students of Indian School of Business (ISB), so here I am telling about the same : Scheme Special Scheme Under IBA for Hyderabad & Mohali Campus Maximum loan amount Need based loan limit Upto 40 Lakhs Interest rate At MCLR 1 Year which is currently 8.25 % p.a (No further concessions are available for woman students) Security No Collateral Security. Co-Applicant Parent or Spouse required Repayment Period Max repayment period is 15 Yrs excluding moratorium period Moratorium Period Course Period ( 12 Months ) + 1 Year or 6 Months after getting a job whichever is earlier. (i.e) 12 + 12 = 24 Months ) Margin, Pre Payment, and processing charges NIL Insurance Cover Life Insurance Policy is mandatory for the loan limit sanctioned covering the entire loan period. (i.e. Study Period, Holiday / Moratorium Period and Repayment Period). It can be done under the group life insurance policy i.e., New IB Jeevan Vidya (offered by LIC) /IB Vidyarthi Suraksha (offered by IB Met Life) or under any other policy, as desired by the student borrowers. The premium payable for the policy may be considered as an element, eligible for finance. Contact info Shr N Prasanna Kumar Indian Bank Plot No 12-16 Cyber Apartments, Indira Nagar Gachibowli, Hyderabad Contact No: 040-23000889 Mobile No:9848172875 E-mail: gachibowli@indianbank.co.in Mrs.Bhavani Indian Bank, Zonal Office, 4th Floor, Liberty Plaza Himayatnagar, Hyderabad Contact No: 7036248811 E-mail: bavani.s@indianbank.co.in Mohali: Mr. Sukhdeep Singh Infinity Corridor, Indian School of Business Knowledge City, Sector-81, Mohali Punjab 140306 Mobile:8427688011 E-mail:isbmohali@indianbank.co.in / indianbankisbmohali@gmail.com |
|