SPECIAL SCHEME FOR PGPM & EXECUTIVE COURSES AT ISB

ELIGIBILITY

• Students who secure admission in Indian School of Business at Hyderabad/Mohali & Mumbai 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 2021-22 only:

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

CO-APPLICANT

QUANTUM

• Maximum quantum of loan is as under:

EXPENSES CONSIDERED

• 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.

SPECIAL FEATURES

• 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

MARGIN I.E. YOUR SHARE

• Scholarship / assistance to be included in margin

Margin may be brought-in on year-to-year basis as and when disbursements are made on a pro-rata basis

REPAYMENT TENURE

• The maximum repayment tenure will be 15 years (excluding moratorium).
• 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.
• Moratorium
• PGPM- Course Period + 1 year
• PGP-PRO & PGP-MAX- Course Period

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

QUANTUM OF LOAN

• Scholarship / assistance to be included in margin
• Margin may be brought-in on year-to-year basis as and when disbursements are made on a pro-rata basis

RATE OF INTEREST

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

SECURITY

• Nil

PROCESSNG FEES

• Nil

INSURANCE

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

OTHER CONDITIONS

• Loan would be disbursed directly to the institute.

**Conditions apply.
**Contact our nearest branch for further details**