Special Scheme for students of Premier Management & Technical Institutes for Academic Year 2024-2025

---

Details of Special Education Loan Scheme for students of Premier Management & Technical Institutes: (Tier-I)

Feature	Details
Eligibility	Students who secure admission in full time courses in the following institutes for the academic year 2024-25
	Category ‘A’ Institutes ROI @8.10%(EBLR-1.15%) for IITs under Category ‘A’ Institutes: SN Institute Course 1 Indian Institute of Technology (IIT) Madras, Delhi, Mumbai, Kanpur, Kharagpur, Roorkee, Guwahati, Varanasi (BHU) Bachelor of Technology (All Streams)/BE (All Streams) Dual Degree Programmes with B.Tech/BE (All Streams) 2 Indian Institute of Technology (IIT) Hyderabad, Dhanbad (ISM), Indore, Ropar, Mandi, Patna, Jodhpur, Gandhinagar, Goa, Bhubneswar, Palakkad, Jammu, Bhilai, Dharwad, Tirupathi Bachelor of Technology, Dual Degree Programmes with B Tech. in CIVIL, Mechanical, Electrical, Information Technology, Computer Science, Electronics & Communications streams 3 Indian Institute of Technology, Dhanbad (IIT Dhanbad) Bachelor of Technology, Dual Degree Programmes with B Tech. in Mining, Mining Machinery Engineering & Petroleum Engineering 4. IIT Kanpur B. Sc. (Mathematics & Scientific Computing, Physics, Statics and Data Science, Chemistry, Economics, CCE, ECE) ROI @8.55%(EBLR-0.70%) for Other Institutes under Category ‘A’ Institutes: 5. S. P. Jain Institute of Management & Research (SPJIMR), Mumbai Post Graduate Diploma in Management (PGDM) 6. Faculty of Management Studies - University of Delhi (FMS), New Delhi MBA (Full Time) 7. Narsee Monjee Institute of Management Studies (NMIMS), Mumbai & All other campuses MBA MBA (Tech.) Integrated Program (B.Tech + MBA) 8. International Institute of Information Technology, Hyderabad B. Tech 9. Institute of Rural Management Anand (IRMA) Programme in Rural Management 10. Institute of Management & Technology (IMT), Ghaziabad Post Graduate Diploma in Management (PGDM) 11. Birla Institute of Technology & Sciences (BITs) at Pilani, Goa, Dubai & Hyderabad B Tech/BE 12. Indian School of business (ISB) AMPBA, AMPH, AMPI, AMPOS, AMPPP 13. Xavier Labour Relations Institute (XLRI) Delhi-NCR campus MBA, PGDM, PGDHRM, PGDBM, PGDM-General Management 14. Indian Institute of Foreign Trade (IIFT), New Delhi & Kolkata MBA IB Category ‘B’ Institutes: Rate of Interest for Category ‘B’ Institutes is @9.25%( i.e.@EBLR): SN Institute Course 1. Indian Institute of Technology (IITs), B.Tech/BE courses other than mentioned under category ‘A’ M. Tech. 2. Birla Institute of Technology & Sciences (BITs) at Pilani, Goa, Dubai & Hyderabad B Tech/BE. Dual Degree Programmes with B.Tech/BE. 3. National Institute of Technology (NITs) B. Tech/ BE/ M. Tech Dual Degree Programmes with B.Tech 4. Indian Institute of Science (IISc), Bangalore Master of Technology (M.Tech) Master of Engineering (ME) Master of Design (M.Des) 5. National Institute of Design (NID), Ahmedabad / Bengaluru / Gandhinagar Bachelor of Design (B.Des) Master of Design (M.Des) 6. Indian Institute of Information Technology (IIIT) Allahabad B.Tech & Dual degree programmes with B.Tech 7. International Institute of Information Technology (IIIT)Bhubaneshwar/Bengaluru B Tech. (CSE, EEE, ECE, IT) M Tech (CSE, ECE) Integrated M Tech 8. Institute of Management & Technology (IMT), Hyderabad/Nagpur MBA ,PGDM 9. Department of Management Studies - IIT Delhi, New Delhi MBA (Full Time) 10. Jamnalal Bajaj Institute of Managemen Studies (JBIMS), Mumbait MMS 11. Shailesh J Mehta School of Management - IIT Bombay, Mumbai Master of Management 12. Vinod Gupta School of Management - IIT Kharagpur, Kharagpur MBA 13. Industrial and Management Engineering - IIT Kanpur MBA 14. Department of Management Studies - IIT Madras, Chennai MBA (full time) 15. Tata Institutes of Social Science (TISS) Mumbai M A in HR Management & Labour Relations. 16. Welingkar Institutes Management Development & Research Mumbai PGDM/MMS 17. Xavier's Institute of Management Bhubaneshwar (XIMB) MBA – BM (Business Management) 18. Xavierl of Human Resource Management Bhubaneshwar (XSHRM) MBA - HR 19. Mudra Institute of Communication Ahmedabad (MICA) PGDM - C 20. Symbiosis Center for Management & Human Resources Development (SCMHRD), Pune MBA 21. TA Pai Management Institute (TAPMI) Manipal PGDM 22. Great Lakes Institute of Management Chennai and Gurgaon PGDM/PGPM only 23. International Management Institute (IMI), Delhi PGDM/PGDM-BFS/PGDM-HR 24. S P Jain School of Global Management, Mumbai (Note: to be considered for students taking admission at Mumbai campus even going overseas campus for course study) MGB (Master in Global Business) & GMBA (Global MBA) 25. Goa Institute of Management MBA 26. Fore School of Management (FSM), New Delhi PGDM 27. BITS School of Management (BITSOM), Mumbai MBA 28. Institute of Management – NIRMA University, Ahmedabad MBA 29. Management Development Institute (MDI), Murshidabad MBA 30. Symbiosis Institute of Business Management (SIBM), Pune / Indore MBA 31. Xavier School of Rural Management (XSRM), Bhubaneshwar MBA- RM (Rural Management) 32. CEPT (Center for Environmental Planning & Technology) University, Ahmedabad MBA 33. Delhi Technological University, Delhi B Tech (CSE/IT/ECE) 34. Indira Gandhi Delhi Technical University for Women, New Delhi B Tech CSE 35. Indian Institute of Engineering, Science & Technology, Shibpur – Howrah B Tech/B. Arch 36. Birla Institute of Technology & Sciences (BITs) Ranchi BE/B.Tech. (CSE, ECE, EEE) 37. BMS College of Engineering, Bengaluru BE/ B.Tech(CSE, ECE, EEE, IT) 38. Harcourt Butler Technical University, Kanpur B.Tech. (CSE, ECE, EEE, IT) 39. Manipal Institute of Technology (MIT), Manipal B.Tech. (CSE, ECE, EEE, IT) 40. PSG College of Technology / PSG Institute of Advanced Studies Coimbatore B.Tech. (CSE, ECE, EEE, IT) 41. RV College of Engineering, Bengaluru B.Tech. (CSE, ECE, EEE, IT) 42. Vellore Institute of Technology (VIT), Vellore/Chennai/ Amaravati B Tech. (CSE, EEE, ECE, IT) 43. Punjab Engineering College, Chandigarh B.Tech. (CSE, EEE, ECE, IT) 44. Thapar University, Patiala B.E./B.Tech Courses for study in India. International Engineering Program in Collaboration with Trinity College, Dublin, Ireland. International Engineering Program in exchange program with University of New South Wales, Australia University of Queensland, Australia University of Toledo, Ohio United States University of Leeds, UK 45. Birla Institute of Technology & Science -Pilani B. Pharma 46. Institute of Chemical Technology, Mumbai B. Pharma 47. Jamia Hamdard, New Delhi B. Pharma 48. Symbiosis Law School, Pune BA LLB, BSWLLB, BSCLLB, BCOM LLB, BBALLB, LLM 49. National Law University, Delhi BA LLB, BSWLLB, BSCLLB, BCOM LLB, BBALLB, LLM 50. National Law University, Bengaluru BA LLB, BSWLLB, BSCLLB, BCOM LLB, BBALLB, LLM 51. National Law University, Hyderabad BA LLB, BSWLLB, BSCLLB, BCOM LLB, BBALLB, LLM 52. National Law University, Jodhpur BA LLB, BSWLLB, BSCLLB, BCOM LLB, BBALLB, LLM 53. Gujrat National Law University, Gandhinagar BA LLB, BSWLLB, BSCLLB, BCOM LLB, BBALLB, LLM 54. Government Law College, Mumbai BA LLB, BSWLLB, BSCLLB, BCOM LLB, BBALLB, LLM 55. Indian Institute of Corporate Affairs (IICA), Manesar BA LLB, BSWLLB, BSCLLB, BCOM LLB, BBALLB, LLM and Graduate Insolvency Programme (GIP) 56. Indra Gandhi Rashtriya URAN Akademi Commercial Pilot License (CPL) coupled with instrument and Multi engine endorsement along with an option for BSc (Aviation degree) 57. IIM Rohtak Five-year integrated Programme in Law (IPL) awarded with integrated degree (BBA+ LLB) 58. National Institute of Agriculture Extension Management Hyderabad PGDM-ABM 59. L N Mittal Institute of Information & Technology (LNMIIT), Jaipur B Tech (CSE,CCE,ECE) 60. Symbiosis University Hyderabad MBA 61. National Institute of Fashion Technology (NIFTs) 4- years undergraduate course / 2- years post graduate diploma course in areas of Design, Management & Technology
Purpose	To meet tuition fees, cost of books, caution deposit*, hostel charges, mess charges, equipments such as desktop/laptop**, living expenses, insurance premium, expense for student exchange programme, admission acceptance fee etc. *Student to deposit the 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
Quantum of Loan	Rs.40 Lakh. (inclusive of Rs. 1.50 lakh for purchase of new two-wheeler)
Margin	Nil
Interest Rate	EBLR-0.70% (floating) for Category ‘A’ Institutes EBLR (floating) for category “B” Institutes
Processing Charge	Nil
Repayment Period	180 Months (15 Years)
Moratorium Period	Course period + 1 year
Co-Applicant /Guarantor	Either of the parents or spouse to be made co-applicant / guarantor
Security	No collateral security or third-party guarantee
Insurance	Term life insurance policy to be obtained & assigned in favour of the bank. The policy should be in the name of student, for an amount not less than the loan amount and for the tenure covering course, moratorium and repayment period
Other Terms & Condition	NRI students are not covered under the scheme
Loans to Student in Subsequent years	The loan can also be granted to the students, who seek a loan in the subsequent years / terms and who have not availed educational loan from other bank / FI for the initial years. The earlier year fees and desktop/laptop expenses would not be reimbursed. The loan will include tuition fees, cost of books, hostel charges, mess charges, living expenses, insurance premium etc. for the subsequent years. If the student is selected for the Student Exchange programme abroad, then the expenses for the same may be included in the loan. All other terms & conditions will be as per the Union Education scheme for inland studies

Details of Post Graduate Programme in Management for Executives (PGPX) of IIM – Ahmedabad :

S.N.	Feature	Details
1	Institute & Course	Institute	Course
		Indian Institute of Management, Ahmedabad (IIM A)	Post Graduate Programme in Management for Executives (PGPX)
2	Eligible Individuals	A bachelor’s degree in any discipline Minimum completed age of 25 years A valid GMAT / GRE score Minimum 4 years of full-time work experience after completion of graduation.
3	Margin	Nil.
4	Quantum of Loan	Maximum up to Rs.35.00 Lakh
5	Interest rate	EBLR + 0.10% (floating) EBLR prevailing on the date of disbursement (whether partial or full) shall be applicable. The External Benchmark shall be reset at least once in three months or any other frequency as prescribed by Bank / RBI. The spread will remain fixed for 3 years for the borrower. The first reset will be 3 years from the date of sanction and subsequent resets will be every 3 years from the last reset date. The premium component will remain fixed till maturity of the loan.
6	Repayment period	Maximum repayment period is 15 years (after completion of the course) or up to 60 years of age of the borrower, whichever is earlier.
7	Moratorium period	Moratorium up to course period only. Repayment to start from the next month of completion of course.
8	Other Terms and Conditions	§ Life insurance cover equivalent to the loan amount is mandatory, preferably to be done with our channel partners under tie-up arrangement with our Bank. § All other terms and conditions as per Special Education Loan Scheme for Premier Management & Technical Institutes to be complied with.

Details of MBA Programme for working executives of IIM Kozhikode:

S.N.	Feature	Details
1	Institute & Course	Institute	Course
		Indian Institute of Management, Kozhikode (IIM K)	MBA Programme for working executives. [Name changed from Executive Post Graduate Programme in Management (EPGP)]
2	Eligible Individuals	Working executives
3	Margin	10% (total cost of the course at present is Rs.14.00 Lakh)
4	Quantum of Loan	Maximum up to Rs. 14.00 Lakh
5	Interest rate	EBLR + 0.75% (floating)
6	Repayment period	Maximum repayment tenure (after course completion) will be 15 years (180 months) or up to 60 years of age of borrower, whichever is earlier.
7	Moratorium period	Moratorium up to course period only. Repayment to start from the next month of completion of course. Interest to be serviced during moratorium as the students will be working professionals and earning income.
8	Other Terms and Conditions	Only working executives are covered under the Scheme. Letter of consent / NOC from Employers to be obtained to pursue the programme. Life insurance cover equivalent to the loan amount is mandatory, preferably to be done with our channel partners under tie-up arrangement with our Bank. IT return/salary certificate/employment certificate to be obtained to assess the present earnings. All other terms and conditions as per Special Education Loan Scheme for Premier Management & Technical Institutes to be complied with.

Details of e-Post Graduate Diploma in Advance Business Analytics (ePGD-ABA) of IIM-Ahmedabad:

S.N.	Feature	Details
1	Institute & Course	Institute	Course
		Indian Institute of Management, Ahmedabad (IIM A)	e-Post Graduate Diploma in Advanced Business Analytics (ePGD-ABA) [Name changed from Post Graduate Programme in Advanced Business Analytics (PGP-ABA)]
2	Eligible Individuals	Students must have undergraduate degree A valid test score (GMAT / GRE / CAT / GATE or the PGP – ABA) qualifying-cum-aptitude test Minimum of 2 years of work experience (preferably in the domain of Business Analytics)
3	Margin	10% (total cost of the course at present is Rs.12.00 Lakh)
4	Quantum of Loan	Maximum up to Rs. 12 Lakh
5	Interest rate	EBLR + 0.25%(floating)
6	Other Terms and Conditions	Life insurance cover equivalent to the loan amount is mandatory, preferably to be done with our channel partners under tie-up arrangement with our Bank. All other terms and conditions as per Special Education Loan Scheme for Premier Management & Technical Institutes to be complied with.

Details of MBA Programme for working executives of IIM Jammu:

S.N.	Feature	Details
		Institute	Course
1.	Institute & Course	Indian Institute of Management, Jammu (IIM JAM)	MBA Programme for working executives
2.	Eligible Individuals	Working Executives
3.	Margin	10% (total cost of the course at present is Rs.9.50 Lakh)
4.	Quantum of Loan	Maximum up to Rs.9.50 Lakhs
5.	Moratorium Period	Moratorium up to course period only. Repayment to start from the next month of completion of course. Interest to be serviced during moratorium as the students will be working professionals and earning income.
6.	Interest rate	EBLR + 0.75% (floating)
7.	Repayment Period	Maximum repayment tenure (after course completion) will be 15 years (180 months) or up to 60 years of age of borrower, whichever is earlier.
8.	Other Terms & Conditions	Only working executives are covered under the scheme. Letter of consent/NOC from Employers to be obtained to pursue the programme. Life insurance cover equivalent to the loan amount is mandatory, preferably to be done with our channel partners under tie-up arrangement with our Bank. IT return/salary certificate/employment certificate to be obtained to assess the present earnings. All other terms and conditions as per Special Education Loan Scheme for Premier Management & Technical Institutes to be complied with.

Detail of Post Graduate Programme in Management for Working Executives (PGPMX) of IIM, Indore:-

S.N.	Feature	Details
		Institute	Course
1.	Institute & Course	Indian Institute of Management, Indore	Post Graduate Programme in Management for Working Executives (PGPMX)
2.	Eligible Individuals	1. Bachelor’s degree or its equivalent. 2. The percentage of marks obtained at the bachelor’s degree or the preceding degree should be minimum 50 or equivalent CGPA. 3. Completed at least 5 years of full time managerial/professional experience after bachelor’s degree
3.	Margin	Nil
4.	Quantum of Loan	Maximum up to Rs.17.60 Lakh
5.	Moratorium Period	Moratorium up to course period only. Repayment to start from the next month of completion of course. Interest to be serviced during moratorium as the students will be working professionals and earning income.
6.	Interest rate	EBLR + 0.10% (floating)
7.	Repayment Period	Maximum repayment tenure (after course completion) will be 15 years (180 months) or up to 60 years of age of borrower, whichever is earlier.
8.	Other Terms & Conditions	Only working executives are covered under the scheme. Letter of consent/NOC from Employers to be obtained to pursue the programme. Life insurance cover equivalent to the loan amount is mandatory, preferably to be done with our channel partners under tie-up arrangement with our Bank. IT return/salary certificate/employment certificate to be obtained to assess the present earnings. All other terms and conditions as per Special Education Loan Scheme for Premier Management & Technical Institutes to be complied with.

Details of Post Graduate Programme in Management for Working Executive (PGP-WE) of IIM- Lucknow (Noida Campus):

S.N.	Feature	Details
		Institute	Course
1.	Institute & Course	Indian Institute of Management, Lucknow (Noida Campus)	Post Graduate Programme in Management for Working Executive (PGPWE)
2.	Eligible Individuals	Graduation/ Bachelor’s degree in any discipline or an equivalent academic pursuit (i.e.10+2+3), with a minimum of 50% marks or equivalent CGPA (Cumulative Grade Point Average). A valid GMAT/ GRE score  Minimum 3 years of full-time work experience after completion of graduation
3.	Margin	Nil
4.	Quantum of Loan	Maximum up to Rs.11.00 Lakhs
5.	Moratorium Period	Moratorium up to course period only. Repayment to start from the next month of completion of course. Interest to be serviced during moratorium as the students will be working professionals and earning income.
6.	Interest rate	EBLR + 0.10% (floating)
7.	Repayment Period	Maximum repayment tenure (after course completion) will be 15 years (180 months) or up to 60 years of age of borrower, whichever is earlier.
8.	Other Terms & Conditions	Only working executives are covered under the scheme. Letter of consent/NOC from Employers to be obtained to pursue the program. Life insurance cover equivalent to the loan amount is mandatory, preferably to be done with our channel partners under tie-up arrangement with our Bank. IT return/salary certificate/employment certificate to be obtained to assess the present earnings. All other terms and conditions as per Special Education Loan Scheme for Premier Management & Technical Institutes to be complied with.

Details of International Programme in Management for Executive (IPMX) of IIM- Lucknow (Noida Campus):

S.N.	Feature	Details
		Institute	Course
1.	Institute & Course	Indian Institute of Management, Lucknow (Noida Campus)	International Programme in Management for Executives (IPMX) One Year MBA
2.	Eligible Individuals	Executives with Graduation/ Bachelor’s degree in any discipline or an equivalent academic pursuit (i.e.10+2+3), with a minimum of 50% marks or equivalent CGPA (Cumulative Grade Point Average). A valid GMAT/ GRE score  Minimum of 5 years full-time post qualification (after graduation) work experience
3.	Margin	Nil
4.	Quantum of Loan	Maximum up to Rs.26.00 Lakhs
5.	Moratorium Period	Moratorium up to course period only. Repayment to start from the next month of completion of course. Interest to be serviced during moratorium as the students will be working professionals and earning income.
6.	Interest rate	EBLR + 0.10% (floating)
7.	Repayment Period	Maximum repayment tenure (after course completion) will be 15 years (180 months) or up to 60 years of age of borrower, whichever is earlier.
8.	Other Terms & Conditions	Only working executives are covered under the scheme. Letter of consent/NOC from Employers to be obtained to pursue the program. Life insurance cover equivalent to the loan amount is mandatory, preferably to be done with our channel partners under tie-up arrangement with our Bank. IT return/salary certificate/employment certificate to be obtained to assess the present earnings. NRI students are not covered under the scheme All other terms and conditions as per Special Education Loan Scheme for Premier Management & Technical Institutes to be complied with.

Details of Executive Post Graduate Programme in Management (EPGP) of IIM- Bangalore:

S.N.	Feature	Details
		Institute	Course
1.	Institute & Course	Indian Institute of Management, Bangalore	Executive Post Graduate Programme in Management (EPGP)
2.	Eligible Individuals	Graduation/ Bachelor’s degree in any discipline or an equivalent academic pursuit (i.e.10+2+3), with a minimum of 50% marks or equivalent CGPA (Cumulative Grade Point Average). A valid GMAT/ GRE score  Minimum 5 years of full-time work experience after completion of graduation
3.	Margin	Nil
4.	Quantum of Loan	Maximum up to Rs.31.00 Lakhs
5.	Moratorium Period	Moratorium up to course period only. Repayment to start from the next month of completion of course. Interest to be serviced during moratorium as the students will be working professionals and earning income.
6.	Interest rate	EBLR + 0.10% (floating)
7.	Repayment Period	Maximum repayment tenure (after course completion) will be 15 years (180 months) or up to 60 years of age of borrower, whichever is earlier.
8.	Other Terms & Conditions	Only working executives are covered under the scheme. Letter of consent/NOC from Employers to be obtained to pursue the program. Life insurance cover equivalent to the loan amount is mandatory, preferably to be done with our channel partners under tie-up arrangement with our Bank. IT return/salary certificate/employment certificate to be obtained to assess the present earnings. All other terms and conditions as per Special Education Loan Scheme for Premier Management & Technical Institutes to be complied with.

Details of Master of Business Administration for Executives (MBAEx) of IIM- Calcutta:

S.N.	Feature	Details
		Institute	Course
1.	Institute & Course	Indian Institute of Management, Calcutta	Master of Business Administration for Executives (MBAEx)
2.	Eligible Individuals	Graduation/ Bachelor’s degree in any discipline or an equivalent academic pursuit (i.e.10+2+3) A valid GMAT/ GRE score  Minimum 5 years of full-time work experience after completion of graduation
3.	Margin	Nil
4.	Quantum of Loan	Maximum up to Rs.31.00 Lakhs
5.	Moratorium Period	Moratorium up to course period only. Repayment to start from the next month of completion of course. Interest to be serviced during moratorium as the students will be working professionals and earning income.
6.	Interest rate	EBLR + 0.10% (floating)
7.	Repayment Period	Maximum repayment tenure (after course completion) will be 15 years (180 months) or up to 60 years of age of borrower, whichever is earlier.
8.	Other Terms & Conditions	Only working executives are covered under the scheme. Letter of consent/NOC from Employers to be obtained to pursue the program. Life insurance cover equivalent to the loan amount is mandatory, preferably to be done with our channel partners under tie-up arrangement with our Bank. IT return/salary certificate/employment certificate to be obtained to assess the present earnings. All other terms and conditions as per Special Education Loan Scheme for Premier Management & Technical Institutes to be complied with.

Details of Executive Post Graduate Programme in Management (ePGP) of IIM Raipur:

S.N.	Feature	Details
		Institute	Course
1.	Institute & Course	Indian Institute of Management, Raipur	Executive Post Graduate Programme in Management (ePGP)
2.	Eligible Individuals	Working Executives
3.	Margin	10% (Total cost of the course is 13.25 lakh i.e. Total Programme Fee Rs. 10.75 lakh & Laptop/Video Conferencing Peripherals/study material other than online Library- Rs 2.50 lakh)
4.	Quantum of Loan	Maximum up to Rs.13.25 lakh
5.	Moratorium Period	Moratorium up to course period only. Repayment to start from the next month of completion of course. Interest to be serviced during moratorium as the students will be working professionals and earning income.
6.	Interest rate	EBLR + 0.75% (floating)
7.	Repayment Period	Maximum repayment tenure (after course completion) will be 15 years (180 months) or up to 60 years of age of borrower, whichever is earlier.
8.	Other Terms & Conditions	Only working executives are covered under the scheme. Letter of consent/NOC from Employers to be obtained to pursue the programme. Life insurance cover equivalent to the loan amount is mandatory, preferably to be done with our channel partners under tie-up arrangement with our Bank. IT return/salary certificate/employment certificate to be obtained to assess the present earnings. All other terms and conditions as per Special Education Loan Scheme for Premier Management & Technical Institutes to be complied with.

Details of Post Graduate Programme for Executives (PGPEx) of IIM- Shillong:

S.N.	Feature	Details
		Institute	Course
1.	Institute & Course	Indian Institute of Management, Shillong	Post Graduate Programme for Executives (PGPEx)
2.	Eligible Individuals	Graduation/ Bachelor’s degree in any discipline or an equivalent academic pursuit (i.e.10+2+3) A valid GMAT/ CAT score  Minimum 5 years of full-time work experience after completion of graduation
3.	Margin	Nil
4.	Quantum of Loan	Maximum up to Rs.23.00 Lakhs
5.	Moratorium Period	Moratorium up to course period only. Repayment to start from the next month of completion of course. Interest to be serviced during moratorium as the students will be working professionals and earning income.
6.	Interest rate	EBLR + 0.10% (floating)
7.	Repayment Period	Maximum repayment tenure (after course completion) will be 15 years (180 months) or up to 60 years of age of borrower, whichever is earlier.
8.	Other Terms & Conditions	Only working executives are covered under the scheme. Letter of consent/NOC from Employers to be obtained to pursue the program. Life insurance cover equivalent to the loan amount is mandatory, preferably to be done with our channel partners under tie-up arrangement with our Bank. IT return/salary certificate/employment certificate to be obtained to assess the present earnings. All other terms and conditions as per Special Education Loan Scheme for Premier Management & Technical Institutes to be complied with.

Details of PGPM Programme for working executives of SPJIMR:

S.N.	Feature	Details
		Institute	Course
1.	Institute & Course	S. P Jain Institute of Management & Research (SPJIMR), Mumbai	Post Graduate Programme in Management (PGPM)
2.	Eligible Individuals	Working Executives
3.	Margin	10% (Total cost of the course at present is Rs.19.90 Lakh excluding living expenses, books, laptop etc.)
4.	Quantum of Loan	Maximum up to Rs.20.00Lakh
5.	Moratorium Period	Moratorium up to course period (15 months) only. Repayment to start from the next month of completion of course. Interest to be serviced during moratorium as the students will be working professionals and earning income.
6.	Interest rate	EBLR + 0.75% (floating)
7.	Repayment Period	Maximum repayment tenure (after course completion) will be 15 years (180 months) or up to 60 years of age of borrower, whichever is earlier.
8.	Other Terms & Conditions	Only working executives are covered under the scheme. Letter of consent/NOC from Employers to be obtained to pursue the programme. Life insurance cover equivalent to the loan amount is mandatory, preferably to be done with our channel partners under tie-up arrangement with our Bank. IT return/salary certificate/employment certificate to be obtained to assess the present earnings. All other terms and conditions as per Special Education Loan Scheme for Premier Management & Technical Institutes to be complied with.

Detail of International Engineering Program of Thapar University, Patiala:

S.N.	Feature	Details
		Institute	Course
1.	Institute & Course	Thapar University, Patiala	International Engineering Program in exchange program with University of New South Wales, Australia University of Queensland, Australia University of Toledo, Ohio United States University of Leeds, UK
2.	Eligible Individuals	University of Queensland, Australia Students must achieve the required Grade Point Average of 7.0/10.0 for admission to the Bachelor of Engineering (Honors) at the end of 2 years at Thapar Institute of Engineering &Technology. Academic Module IELTS score of 6.5 overall with no individual sub-band score less than 6.0; OR Internet based TOEFL minimum total score of 87 with at least 21 in writing and at least 19 in speaking, listening and reading. University of New South Wales, Australia Students with Successful completion of the first four (4) semesters of approved study at Thapar Institute of Engineering &Technology with a minimum CGPA of 7.30 on a 10-point scale in the courses they studied. Students, who have completed Academic IELTS with a score of 6.5 overall, with no subtests below 6.0, will be eligible to have the University of New South Wales, Australia; English Language Proficiency Requirements waived. Internet-based test (iBT) with an overall minimum score of 90 with a minimum in Writing of 23. University of Toledo, Ohio United States Students must achieve the required Grade Point Average of 7.0/10.0 for admission to the Bachelor of Engineering at the end of 2 years at Thapar Institute of Engineering &Technology. University of Leeds, UK Students who have passed all the elements of Year 1 and 2 of Thapar Institute of Engineering &Technology’s programmes within overall cumulative GPA of 7.0/10.0. An overall score of 70 % in Indian Standard XII and studied in English medium, OR an overall IELTS (Academic) score of 6.0(with no less than 5.5 in all components – reading, listening, writing, and speaking components); AND The relevant test above must have been taken within the relevant validation period; AND in accordance with United Kingdom (UK) immigration regulations that are applicable to student migrants, remain valid at the time of issuance of Confirmation of Acceptance for Studies (CAS) and at time of registration at University of Leeds.
3.	Margin	Nil
4.	Quantum of Loan	Maximum up to Rs.40.00 Lakhs
5.	Moratorium Period	Course Period + 1 year
6.	Interest rate	EBLR
7.	Repayment Period	Maximum repayment tenure will be 15 years (180 months)
8.	Other Terms & Conditions	Life insurance cover equivalent to the loan amount is mandatory, preferably to be done with our channel partners under tie-up arrangement with our Bank. All other terms and conditions as per Special Education Loan Scheme for Premier Management & Technical Institutes to be complied with.

EDUCATION LOAN EMI CALCULATOR

- Please Click here for EMI Calculator

**Conditions Apply**

**Contact our nearest Branch for more details**