State Bank of India

Maximum loan amount 7.5 Lacs (without collatral)
Collatral if loan exceeds Rs. 7.5 Lacs
Interest rate 11.75% to 13.75%
Repayment period 10 years
Payment of Interest Will be collected as a part of the EMI after the moratorium, whenever the repayment commences.
Security Nil
Upto Rs. 4 lacs loan amount Only Parent/ Guardian as co-borrower
Above Rs. 4 lacs to Rs. 7.50 lacs loan amount Parent/ Guardian as co-borrower and Collateral security in the form of suitable third party guarantee*.
*Third Party Guarantee can be replaced with Parent/Guardian as co-borrower provided the Gross Annual Income of Parent/Guardian (co-borrower) as given in latest Income Tax Return is 3 times of the loan amount.
Above Rs. 7.50 lacs loan amount Parent/ Guardian as co-borrower and tangible collateral security
Contact point Mr. NC Jain – 9910299375
 Downloads  Education Loan Offer for IILM PGDM Students by SBI
Loan Application Form Document Required

 

Panjab National Bank

Maximum loan amount 7.5 Lacs (without collatral)
Collatral if loan exceeds Rs. 7.5 Lacs
Interest rate 11.75% to 13.75%
Repayment period 10 years
Payment of Interest Will be collected as a part of the EMI after the moratorium, whenever the repayment commences.
Security Nil
Upto Rs. 4 lacs loan amount Only Parent/ Guardian as co-borrower
Above Rs. 4 lacs to Rs. 7.50 lacs loan amount Parent/ Guardian as co-borrower and Collateral security in the form of suitable third party guarantee*.
*Third Party Guarantee can be replaced with Parent/Guardian as co-borrower provided the Gross Annual Income of Parent/Guardian (co-borrower) as given in latest Income Tax Return is 3 times of the loan amount.
Above Rs. 7.50 lacs loan amount Parent/ Guardian as co-borrower and tangible collateral security
Loan Application Form Document Required

 

Credila

Maximum loan amount 1000000
Interest rate 13.95%
Repayment period 10 years
Payment of Interest Will be collected as a part of the EMI after the moratorium, whenever the repayment commences.
Insurance Cover Yes for Unsecured Loan
Contact point Mr. Aditya Patial
8588813293
adityap@credila.com
Shasanka Sahoo
9654739311
Shasankas@credila.com
Loan Application Form Document Required