SPECIAL SCHEME FOR PGPM & EXECUTIVE COURSES AT ISB

• Students who secure admission in Indian School of Business at Hyderabad for Post Graduate Programme in Management (PGPM), Post Graduate Programme in Management for Working Professionals (PGP-PRO) and Post Graduate Programme in Management for Senior Executives (PGP-MAX) for the academic year 2020-21 only:

Note: The scheme does not cover any other executive courses / short duration course/programmes at the above institutes.

• Maximum quantum of loan is as under:

• Tuition fees, cost of books, caution deposit, hostel charges, mess charges, equipment such as desktop/laptop, living expenses, insurance premium, expense for student exchange programme (PGPM only), admission acceptance fee etc.

Note:

• Student to deposit the caution deposit money in the loan account immediately on refund from the institute. An undertaking to be obtained from the student in this respect.
• Laptop/desktop cost can be reimbursed to the student if it is purchased for the purpose of study at these institutes.

• Reimbursement of admission acceptance fee (AAF) and term fee if paid by the student from the own sources.
• The student-exchange programme expenses viz. tuition fee payable at the institute abroad along with lodging & boarding expenses, travel expenses for passage abroad and living expenses included (PGPM only).

Note: All the above facilities are permitted within maximum proposed limit for the respective course

• The maximum repayment tenure will be 15 years (excluding moratorium).
• Moratorium of Course period + 1 year.
• The accrued interest during the moratorium period (if not serviced) will be added to the principal amount while calculating Equated Monthly Installments (EMI) for repayment.

Note: Repayment should end up to the age of 60 years for PGP-PRO & PGP-MAX courses.

• EBLR prevailing on the date of disbursement (whether partial or full) shall be applicable

• Nil

• Nil

• Life insurance of the student is mandatory to the tune of the loan amount.

• Loan would be disbursed directly to the institute.