The selection process is conducted by Federation of Universities

(FedUni) on behalf of the ICFAI Foundation for Higher

Education (IFHE) Deemed University, the Icfaian Foundation
ICFAI Australia and ICFAI Britannica, UK. The respective

Selection Process University / institute offers the admission based on specific

selection criteria.

2011 Candidates who have been shortlisted on the basis of their

performance in IBSAT 2010/GMAT® are called for the selection
process at IBS Hyderabad. The date allotted to each candidate
is indicated in the call letter and on the website www.ibsat.org.

This booklet covers the following aspects of the selection process:

1. Arrival at Hyderabad
2. Accommodation at IBS Hyderabad
3. How to reach the Selection process venue
4. Facilities at the Selection process venue
5. Selection Process Schedule
6. Registration for the Selection Process
7. Selection Process
- Group Discussion
- Personal Interview
- Criteria for selection
- Score Card
- Choosing the campus
- Payment of Admission Fee
8. Eligibility criteria
9. Preparatory Classes
10. Registration and Regular classes
11. Address for correspondence
12. Fee Schedule
13. Financing your education.

Selection Process 1
2011
■ Arrival at Hyderabad
Hyderabad is well connected by airlines, trains and buses. By air, you will arrive at the
Rajiv Gandhi International Airport, Shamshabad. By train, you will alight at one of the
following railway stations depending on the train by which you are arriving: Secunderabad,
Hyderabad (Nampally) or Kachiguda. By bus, you will alight at the Jubilee Bus Station
(Secunderabad) or at the Mahatma Gandhi Bus Station (Imlibun) at Gowliguda (Hyderabad).
At the airport, you can hire prepaid/metered taxis. At the railway stations and bus terminals
too private taxis and auto-rickshaws are available.
In the past, it has been observed that outstation candidates who arrive at Hyderabad on
the day of the Selection Process are often unable to reach the venue on time. Hence all
candidates are strongly advised to arrive in Hyderabad a day prior to the allotted
date of the selection process. The details of the Selection Process and the venue are
given in subsequent pages. All candidates are advised to read the contents carefully and
prepare accordingly.

■ Accommodation at IBS Hyderabad

Student hostels at IBS Hyderabad campus are available to the applicants and the persons
accompanying them for a night stay at a charge. The details of accommodation available
is provided below:
Type Accommodation Charges Suitable
Type per day*
A Room with single bed ` 1200 For candidates arriving alone.
and common wash Girls will be accommodated in
room/toilet Girls hostel and Boys in Boys hostel
B Room with two beds ` 2000 For candidates (girls or boys)
and attached wash who are accompanied by parent/
room/toilet guardian
*Does not include food expenses.
To and Fro bus Facility to campus is provided for the candidates who have booked accommodation.
Details are given in subsequent pages.

Selection Process 2
2011
Please note the following with respect to the hostel accommodation:
● The rooms are provided only for one night.
● The candidates can check into the rooms from 9.00 am onwards one day prior to their selection process date.
● The candidates have to check out of hostel by 1.00 pm on the selection day.
● Canteen facilities offering breakfast, lunch, dinner, coffee/tea, snacks etc. are available on payment basis.
Type A accommodation:
● The facilities in the room include a single bed, table, chair, cupboard and a common washroom/toilet.
● Men and Women candidates will be provided accommodation in separate hostel blocks.
Type B accommodation:
● Candidates accompanied by parent/Guardian only will be provided accommodation in rooms with extra bed.
● The facilities include two beds, table, chair, cupboard and attached washroom/toilet. Only two persons can be
accommodated.
As the availability of rooms is limited, candidates who wish to use this facility are advised to book in advance using
the "Online Form for booking accomodation at IBS Hyderabad" on the website www.ibsat.org before
January 26, 2011. This facility will be made available only to those who book and pay online. Accommodation
coupons will be issued online only and should be produced on demand at the campus. Please note that fee paid
towards booking accommodation is non refundable.

■ How to Reach the Selection Process Venue

IBS Hyderabad campus is located 40 km from the Shamshabad Airport, 40 km from Secunderabad Railway Station
and 37 km from Nampally (Hyderabad) Railway Station and 40 km from Kachiguda Railway Station. The travel
time from Punjagutta to the campus is about one hour for the 33 km journey. The route map to the campus is given
on last page.
The to and fro bus facility from IBSAT Office Punjagutta to IBS Hyderabad campus is provided for the
candidates who have booked the accommodation online. The bus facility will be provided for one person for
Type A accommodation and two persons for Type B accommodation.
Pick up Point: IBSAT Office, Behind Himalaya Book World, Near Punjagutta cross roads
The buses to IBS Hyderabad campus will operate from IBSAT Office, Punjagutta every 2 hours starting from
8.00 am till 6.00 pm. The pick up point is IBSAT Office, Behind Himalaya Book World, next to Punjagutta
petrol pump, Punjagutta, Hyderabad. Those who reach the pick-up point after 6 p.m. have to make their own
travel arrangements. The buses for the return trip from IBS Hyderabad campus to Punjagutta will operate from
1.00 pm to 5.00 pm and will drop the candidates back at the IBSAT Office, Punjagutta.
Please note:
● This facility will be made available only to those who book and pay online for accommodation and
confirm for bus facility. Others will not be allowed to use the facility.
● The candidates will be permitted to avail the bus facility from Punjagutta to IBS Hyderabad campus one
day prior to their selection process date.
● Candidates have to carry the selection process call letter, a photo ID and the accommodation confirmation
coupon (issued online) to use the bus facility.
● To reach IBSAT Office: The candidates/ accompanying persons have to alight at Himalaya Book World, near
Punjagutta cross roads and reach IBSAT Office.

Selection Process 3
2011
■ Facilities at the Selection Process Venue
● Seating arrangements

● Canteen facilities offering breakfast, lunch, dinner, coffee/tea, snacks etc. on payment basis.

● A medical officer and first-aid facilities.

● Counselors at the information desk to provide information.

● Financial Aid Facilitation Cell

■ Selection Process Schedule

Activity Timings
Registration 7.30 a.m.- 8.30 a.m
Group Discussion 9.00 a.m. onwards
Personal Interview 9.00 a.m. onwards

■ Registration for the Selection Process

All the candidates have to register for the Selection Process at 7.30 a.m. at the IBS Hyderabad Campus on the date
allotted to them.
Submission of Documents
Candidates have to submit the following documents at the registration counters on the day of selection process, in
the sequence given below:
● Application Form 2011 (duly filled in enclosing relevant enclosures)
● Program Option Form
● Work experience certificate (if applicable).
Please do not bring any original or photocopies of the marks sheets or other academic certificates.
They are not required at this stage. Please carry the selection process call letter with you as you have
to produce it on demand at the pick-up point and at the registration counters.
Application Form
Candidates are required to fill in the application form completely and carefully. They must give a complete and true
picture of themselves in terms of their accomplishments, academic abilities and plans for the future as their
applications are carefully reviewed, and the admission decision is made only after assessing all the information
provided.
Program Option Form
Candidates can select one or more programs in the program option form depending on their eligibility for the
program. After selection they can decide which program and campus to join. For the 2 year full time management
programs candidates are advised to indicate their order of preferences for all campuses.
Issue of Registration Card
Candidates who submit the above documents will be registered and issued a registration card which gives the
details of events for the day. The Registration Card should be retained by the candidates till they leave the campus.

■ Selection Process
The selection process comprises of Group Discussion and Personal Interview.

Selection Process 4
2011
Group Discussion
In the group discussion a topic will be announced to a group of 6 candidates. The candidates will be given
15 minutes for the group discussion. After discussion each candidate will be given an opportunity to summarize his/
her opinion in a minute.
Depending on the individual contribution the candidates attributes are assessed on various parameters like expression,
initiative, communication, analytical skills and behavior in group.
Personal Interview
The personal interview is the final stage in the selection process. The interview panel members are Directors,
Deans, Senior Faculty Members and Alumni. They will interview the candidates for about 10 - 15 minutes. The
questions during the personal interview will focus assessing the attitude, aptitude and aspirations of the applicant.
The interview panel will also evaluate the candidate's general knowledge, communication skills, clarity of thought
and expression, and aptitude for a career in management.
Criteria for selection and allotment of seats
Admissions are strictly based on merit. A composite score out of 100 is arrived based on various parameters. The
weightages allotted to different components in the selection process are given in the table below:

Criteria Weightage (%)

Past Academic Record :

}
X Class Marks - 12
XII Class Marks - 12 40
Degree Marks - 16
Group Discussion 30
Personal Interview 30
Total Score 100

Selection Process 5
2011
Score Card
The detailed score card indicating the marks secured in past academic record, Group Discussion and Personal
Interview will be provided on the IBSAT website www.ibsat.org in the first week of March 2011.
The candidates can view their eligibility for selection or waitlist for the programs and campuses by logging in with
the admit card number as login id and date of birth as password. The candidates may be eligible for selection or
waitlist for more than one program and campus. A candidate may be selected for one campus and waitlisted for
another campus. The waitlist allotments will be done from March 28, 2011 onwards.
Choosing the Program and Campus
Based on the eligibility for the programs and campuses the candidate has the option to choose the program and
campus. The candidates have to indicate their choice of the program and campus in the online Program and
Campus Selection Form. On selecting the program and campus the candidates will be provided an option to
download the selection letter and the fee remittance form.
Payment of Admission Fee
The candidates have to send the admission fee in the form of demand draft with the fee remittance form to the
IBSAT office by March 26, 2011. The payment of fee within the due date is for reserving your seat in the program
and the fee paid is non refundable. The fee received after the due date will not be accepted.
No campus transfers
Candidates are requested to note that there is no facility for change of program and campus.
No canvassing
There are no management or NRI quotas. Candidates and parents are strictly advised not to resort to any canvassing
directly or indirectly to support their application.
Canvassing or recommendation in any form will be a serious disqualification.

■ Eligibility Criteria
MBA Program at IBS Hyderabad (2011-13)
Post Graduate Program in Management (PGPM) at IBS Ahmedabad, IBS Bangalore,
IBS Gurgaon, IBS Mumbai, IBS Kolkata and IBS Pune (2011-13)
● Graduation in any discipline with a minimum of 50% marks; with medium of instruction as English.
● Candidates not meeting the eligibility criteria of English medium at undergraduation level have to submit the
TOEFL/NELT/IELTS score by June 01, 2011.
● Minimum 15 years of regular education (10 + 2 + 3 or 10 +2 + 4). Candidates who have completed their
bachelor degree on a one-time sitting basis or on a 2-year basis are not eligible for admission into the program.
For the purpose of determining eligibility based on the percentage of marks, the procedure used by the
respective university in award of the degree will only be taken into consideration.
● Candidates who are in their final year bachelor's degree courses are eligible to participate in Selection Process,
provided they complete their graduation requirements (including practical examinations/viva/assignments) on
or before May 31, 2011.
● For candidates whose degree results are not yet declared, the admission will remain provisional until they
produce marks sheets and degree certificates establishing their eligibility. The last date for submitting proof of
graduation is October 01, 2011. Candidates who do not meet the eligibility criterion of scoring a minimum of
50% in graduation can apply for refund of 75% of the first installment of tuition fee paid.
● Eligibility criteria will be checked only during July-August, 2011. Hence, the onus of ensuring that they satisfy the
eligibility criteria rests solely with the candidates.

Selection Process 6
2011
Master Degree Programs in Management at IBS Hyderabad (2011 - 13)
❐ Master of International Business (MIB)

❐ Master of Finance and Control (MFC)

❐ Master of Investment and Financial Analysis (MIFA)

● Graduation in any discipline with a minimum of 60% marks; with medium of instruction as English.

● Candidates not meeting the eligibility criteria of English medium at undergraduation level have to submit the
TOEFL/NELT/IELTS score by June 01, 2011.

● Minimum 15 years of regular education (10 + 2 + 3 or 10 +2 + 4). Candidates who have completed their
bachelor degree on a one-time sitting basis or on a 2-year basis are not eligible for admission into the program.
For the purpose of determining eligibility based on the percentage of marks, the procedure used by the
respective university in award of the degree will only be taken into consideration.

● Candidates who are in their final year bachelor's degree courses are eligible to participate in Selection Process,
provided they complete their graduation requirements (including practical examinations/viva/assignments) on
or before May 31, 2011.

● For candidates whose degree results are not yet declared, the admission will remain provisional until they
produce marks sheets and degree certificates establishing their eligibility. The last date for submitting proof of
graduation is October 01, 2011. Candidates who do not meet the eligibility criterion of scoring a minimum of
50% in graduation can apply for refund of 75% of the first installment of tuition fee paid.

● Eligibility criteria will be checked only during July-August, 2011. Hence, the onus of ensuring that they satisfy the
eligibility criteria rests solely with the candidates.

Executive MBA Program at IBS Hyderabad (2011 - 12)

● Graduate in any discipline with medium of instruction as English; with a minimum of 50% marks.
● Candidates not meeting the eligibility criteria of English medium have to submit the TOEFL/NELT/ IELTS score
by May 31, 2011.
● Minimum 15 years of regular education (10 + 2 + 3 or
10 +2 + 4). Candidates who have completed their
bachelor's degree on a one-time sitting basis or on a
2-year basis are not eligible for admission into the
program. For the purpose of determining eligibility based
on the percentage of marks, the procedure used by the
respective university in award of the degree will only be
taken into consideration.
● Three years or more of work experience at executive
level as on May 31, 2011.
● Minimum 25 years of age as on May 31, 2011.
● Eligibility criteria will be checked only during July-August,
2011. Hence, the onus of ensuring that they satisfy the
eligibility criteria rests solely with the candidates.

Selection Process 7
2011
PhD Program in Management at IBS Hyderabad (2011-15)
● Post Graduate in management or Two year Masters degree in Economics, Engineering, Commerce, Statistics,
Mathematics and Psychology with 60% and above marks or minimum CGPA of 6.00 or
● Professional qualifications like CFA, CA, ICWA and CS.
● However candidates without post graduate qualification in management will be required to do some pre
requisite courses suggested by committee depending on the background of the candidate.
● Candidates not meeting the eligibility criteria of English medium have to submit the TOEFL/NELT/ IELTS score
by May 31, 2011.
● Minimum 17 years of regular education (10 + 2 + 3 + 2 or 10 +2 + 4 + 2). Candidates who have completed
their bachelor's or post graduate degree on a one-time sitting basis or on a 2-year basis are not eligible for
admission into the program. For the purpose of determining eligibility based on the percentage of marks, the
procedure used by the respective university in award of the degree will only be taken into consideration.
● Eligibility criteria will be checked only during July-August, 2011. Hence, the onus of ensuring that they satisfy the
eligibility criteria rests solely with the candidates.

The Global MBA Program at IBS Adelaide, Australia (2011-13)

● Graduation in any discipline with a minimum of 60% marks, with medium of instruction as English. Candidates
should be graduates having degree certificates at the time of selection process.
● However candidates who have obtained 50% and above marks in graduation from selected universities
( list available on website www.ibsadelaide.edu.au ) are also eligible.
● Candidates not meeting the eligibility criteria of English medium at undergraduation level have to submit the
TOEFL/NELT/IELTS score by April 01, 2011.
● Minimum 15 years of regular education (10 + 2 + 3 or 10 +2 + 4). Candidates who have completed their
bachelor degree on a one-time sitting basis or on a 2-year basis are not eligible for admission into the program.
For the purpose of determining eligibility based on the percentage of marks, the procedure used by the
respective university in award of the degree will only be taken into consideration.
● Candidates who are in their final year bachelor's degree courses are not eligible.
● The onus of ensuring that they satisfy the eligibility criteria rests solely with the candidates.

Double Masters Program in Management at IBS Luton, UK (2011-13)

● Graduation in any discipline with a minimum of 50% marks, with medium of instruction as English. Candidates
should be graduates having degree certificates at the time of selection process.
● Candidates not meeting the eligibility criteria of English medium at undergraduation level have to submit the
TOEFL/NELT/IELTS score by April 01, 2011.
● Minimum 15 years of regular education (10 + 2 + 3 or 10 +2 + 4). Candidates who have completed their
bachelor degree on a one-time sitting basis or on a 2-year basis are not eligible for admission into the program.
For the purpose of determining eligibility based on the percentage of marks, the procedure used by the
respective university in award of the degree will only be taken into consideration.
● Candidates who are in their final year bachelor's degree courses are not eligible.

● The onus of ensuring that they satisfy the eligibility criteria rests solely with the candidates.

Selection Process 8
2011
■ Preparatory Classes
MBA program
MIB program
MFC program
MIFA program
at IBS, Hyderabad
} June 01, 2011

PGPM program at IBS Ahmedabad,

IBS Bangalore, IBS Gurgaon,
IBS Mumbai, IBS Kolkata and IBS Pune
} June 15, 2011

The preparatory classes are organized on topics like Case methodology, Business mathematics, Basics of accounting,
Computer skills, Communication and Presentation skills and other activities pertaining to business studies to bring
all the students on to a common platform.
In case of any genuine difficulty (like final year examinations) in attending the preparatory classes, you should
immediately send a written request to the campus head (of your allotted campus) requesting for exemption.

■ Registration and Regular Classes

IBS Hyderabad

}
MBA program
MIB program
June 13, 2011
MFC program
MIFA program
Executive MBA program
PhD program } June 01, 2011

IBS Ahmedabad, IBS Bangalore, IBS Gurgaon, IBS Mumbai, IBS Kolkata and IBS Pune
PGPM program : June 27, 2011
All the selected candidates are mandatorily required to report at the allotted campus on the scheduled date.
Candidates have to complete the following formalities at the time of registration:
● Payment of 1st installment of fee
● Submit self-attested photocopies of Class X, Class XII and graduation/Post graduation certificates and marks
sheets and show original certificates and marks sheets for verification.
● Submit Work experience certificates (if any)
The candidates who are in their final year of graduation and whose results have not yet been declared have to
submit the marks sheets of the previous years of study.
The candidates who are not able to report for registration due to graduation examinations or any exigency are
permitted to register within two weeks from the registration date with prior permission of campus head.
Global MBA program at IBS Adelaide, Australia
The classes will commence in the first week of July 2011. The additional formalities (like visa etc) to be completed
by the candidates will be intimated separately.

Double Masters Program in Management at IBS Luton, UK

The classes will commence on September 30, 2011. The additional formalities (like visa etc) to be completed by
the candidates will be intimated separately.

Selection Process 9
2011
■ Address for Correspondence
Candidates are required to address all their correspondence to:
Admissions Officer
IBSAT Office
Behind Himalaya Book World, Hindi Nagar, Punjagutta
Hyderabad - 500 034, Andhra Pradesh, India.
Phone: + 91-40-2338 5000 ; Fax: + 91-40-2338 5100
E-mail: info@ibsat.org

Correspondence sent to any other address may not elicit any response

■ Fee and Bank Loans

IBS Hyderabad programs

MBA / MIB / MFC / MIFA Programs

Due Date Installment Amount in `

March 26, 2011 Admission Fee 80,000
June 13, 2011 I 1,74,000
October 17, 2011 II 1,74,000
March 01, 2012 III 1,74,000
June 11, 2012 IV 1,74,000
October 15, 2012 V 1,74,000
TOTAL 9,50,000
Living Expenses: This is a fully residential program. The students have to pay hostel accommodation fee of
` 50,000 per annum. The mess expenses will be extra.

The Executive MBA Program

Due Date Installment Amount in `

March 26, 2011 Admission Fee 80,000

June 01, 2011 I 3,85,000

October 01, 2011 II 3,85,000

TOTAL 8,50,000

Living Expenses : This is a fully residential program. The students have to pay hostel accommodation fee of
` 50,000. The mess expenses will be extra.

The Ph.D Program in Management

All the candidates who join the program are given 100% Tuition Fee waiver subject to certain regulations and
service agreements. However, they have to pay admission fee of ` 40,000 on or before March 26, 2011.
Living Expenses: This is a fully residential program. The students have to pay hostel accommodation fee of
` 50,000 per annum. The mess expenses will be extra.
Laptop Computers (All programs)
Laptops are not provided. The candidates are expected to get their own laptops when reporting at the campus.

Selection Process 10
2011
Post Graduate Program in Management (PGPM) at IBS Ahmedabad, IBS Bangalore, IBS Gurgaon,
IBS Mumbai, IBS Kolkata and IBS Pune
Due Date Installment IBS Bengaluru, IBS Gurgaon, IBS Ahmedabad, IBS Kolkata
IBS Mumbai ( ` ) IBS Pune ( ` )

March 26, 2011 Admission Fee 80,000 80,000

June 27, 2011 I 1,04,000 84,000
November 01, 2011 II 1,04,000 84,000
March 12, 2012 III 1,04,000 84,000
June 25, 2012 IV 1,04,000 84,000
October 29, 2012 V 1,04,000 84,000
Total 6,00,000 5,00,000

Living Expenses: Hostel facility is not available at these campuses. However campus administration will assist the
students in getting a suitable off campus PG hostel accommodation near by the campus. The living expenses in these
cities vary from ` 5,000 - ` 10,000 per month.
Laptop Computers
Laptops are not provided. The candidates are expected to get their own laptops when reporting at the campus.

Global MBA Program at IBS Adelaide

The fee for the 2 year MBA program is AUD 27000. Estimated living expenses per year are AUD 15000 - 18000.
The details are provided in the IBS Adelaide Global MBA program brochure.

Dual Masters Program in Management at IBS Luton

The fee for the 2 year MBA program is GBP 12500. Estimated living expenses per year are GBP 4800 per annum.
The details are provided in the IBS Luton Double Masters Program in Management brochure.

■ Financing your education at IBS

The time, effort and money you spend in earning a postgraduate qualification in management can be one of the most
important investments you will ever make. The returns from this investment can be measured in terms of enhanced
career opportunities, self-confidence and success in life. Clearly, it is an investment with the potential for high
returns for a long time to come.
Obtaining the required finance for postgraduation in management education may be a source of anxiety unless it is
carefully planned. This booklet describes the various options available for financing your education at IBS campuses.
Bank Loans
Most of the students pursuing programs at IBS have financed their education through educational loans from
various public sector and private sector banks and financial institutions which are listed below:
Private Banks / Financial Institutions:
● HDFC Bank
● CREDILA Financial Services
IBS has entered into MOU (Memorandum of Understanding) with HDFC Bank and CREDILA Financial
Services for providing educational loans to students in India and abroad.
Public Sector Banks
State Bank of India, Punjab National Bank, Andhra Bank, Oriental Bank of Commerce, Bank of Baroda,
Canara Bank, Corporation Bank, Syndicate Bank, Central Bank of India, State Bank of Bikaner &
Jaipur, State Bank of Hyderabad, Bank of Maharashtra, Bank of India, UCO Bank, Allahabad Bank.

Selection Process 11
2011
Bridge Loan Facility
IBS offers a bridge loan to students admitted into the programs in India till they receive the sanction and disbursement
of an educational loan from a bank. Students are required to pay the admission fee by the specified date from their
own resources. The bridge loan facility is available for the first installment of tuition fee and not for any subsequent
installments due on future dates.
Under the bridge loan facility, IBS will accept four postdated cheques (PDCs). IBS Students may utilize the bridge
loan facility until the sanction of bank loan. The details would be provided in the selection letter.
Stipendiary Assignment Program
The Stipendiary Assignment Program is a unique program designed for the benefit of students admitted to programs
in India to obtain practical work experience while studying. Students who are interested in joining this program will
be given required training prior to being inducted into the program. Students get an opportunity to work on a part-
time basis, promoting various knowledge products (flexible learning programs, full-time programs and publications).
Stipendiary Assignment Program is a voluntary program and offers practical exposure, skill-development
opportunities, and regular monthly stipend with attractive performance-based incentives. Over 2,000 students are
currently in the Stipendiary Assignment Program.
Student Assistantship
IBS grants limited financial aid in the form of student assistantships to students studying at Indian campuses who are
meritorious and have financial constraints. Students are allocated pre-determined and well-defined tasks like case
development, computer lab maintenance, assisting the faculty in academic work, etc. Payment is made up to `6,000
per month depending on the quantum of work done by the student. The details would be provided in the student
handbook.

Selection Process 12
2011
Loan Scholarships
Loan scholarships up to ` 2.00 lakhs will be provided to students studying in India who after utilizing other sources
of funds like bank loans, etc., still fall short of funds to continue their studies.
The need-based loan scholarships are offered in the second academic year for the 4th and 5th fee installment of
tuition fee due in June and October 2012. These scholarships are offered to students subject to their maintaining a
minimum CGPA of 6.0 (out of 10) during their course of study. Students can apply for loan scholarships at the end
of the summer internship program. The loan scholarship is offered as an adjustment of the fee in the 4th and
5th installment. The interest rates and other terms and conditions will be provided in the student handbook.
Steps in Financing Your Education
Step 1: Do the calculations
● Start, by figuring out, how much your program will cost.
● Consider the sources of funds available to you for financing your study.
● Determine how much your family can contribute.
● The difference between the estimated cost of your education and your family's expected contribution is the
amount of financial aid you will need.
Step 2: Consider your options for obtaining financial aid
● Student loan from a bank.
● Other sources of financial aid such as the Stipendiary Assignment Program, student assistantships etc.
● Loan Scholarship.
Step 3: Apply for financial aid
● Identify the source of funding and submit application.
Example
The following table gives an indication of the estimated expenditure for a fee of ` 9.50 lakhs and sources of funds
available for financing post graduation education.
Estimated Expenditure Sources of Funds
Details Amount (`) Details Amount (`)
Total Fee 9,50,000 Bank loan up to 10,00,000
Other expenses for two years 2,00,000 Loan Scholarship up to 2,00,000
(Living expenses, books &
stationary) - Estimated
Stipendiary Assignment 1,00,000
Program (Indicative)
Total Estimated Expenditure 11,50,000 Total Sources of Funds 13,00,000

From this, it is evident that to supplement students’ resources to finance their study, there are more than
adequate sources of funds available to cover the total estimated expenditure.
The details of terms & conditions and interest rates offered by various Public and Private Sector Banks are provided in
subsequent pages. If you have any questions related to bank loans, please feel free to contact: Deputy General
Manager, Financial Aid Facilitation Cell, IBSAT Office, Behind Himalaya Book World, Hindinagar,
Punjagutta, Hyderabad 500034. Tel: +91-40-2338 5000, (D) 2338 5120/121; Fax: +91-40-2338 5100;
E-mail: finaidcell@ibsat.org

Selection Process 13
2011
Student Eligibility
Loan Amount
Rate of Interest
Margin
Security
Moratorium &
Repayment Period
EMI per lakh
Processing Charges
Prepayment Charges
Co-borrower
Documents Required
* Hyderabad & Dehradun
Students admitted for 2 PGPM/ MBA program, One year Executive MBA Program
in IBS at various campuses in India and Abroad.
Minimum of `1 Lakh - Maximum of ` 20 Lakhs
A special rate of 11.5% p.a.
Nil - upto ` 4 lakhs. 5% for loans above ` 4 lakhs
No Security up to ` 7.5 lakhs of loan. For more than ` 7.5 lakhs, Security must be
in the form of Residential Property / Fixed Deposit with HDFC Bank/NSC/KVP.
Full Time Courses -The students can have a moratorium during course period for
selected campuses* of IBS. For other IBS Campuses, Security (Collateral) is required
to avail the moratorium facility. The moratorium will be only for the principal payment.
However, the applicant shall be required to service simple interest on the loan during
this period.
Part time - No Moratorium shall be provided for Part Time courses.
The borrower shall have the choice of repayment in 12, 24, 36 & 48 Equated Monthly
Installments (EMI) post the moratorium.
12 months - ` 8,862/-, 24 months - ` 4,684/-, 36 months - ` 3,298/- & 48 months
- ` 2,609/-
- NIL -
4% of the outstanding amount. No part pre-payment allowed.
Parent / Guardian / Spouse/ Brother / Sister / Family relative.
Copies of certificates with regard to educational qualifications, admission letter,
quotation from college authority stating coverage of expenses, income proof of parent,
assets and liabilities statement of parent/guarantor, if any.

Dear Students,
Greetings from HDFC Bank Education Loans. We appreciate your interest in Management studies through IBS. HDFC
Bank has signed MOU with IBS to provide Education Loans to the students as per the terms & conditions of the bank to
help the students get a hassle free loan.
HDFC Bank is a Premier Bank in the Country with rich history of innovative banking products and services designed to
ideally suite the financial requirements of the customers. We continue our endeavor to offer a best-in-class banking
experience to the students looking for the Education Loans from our Bank.
HDFC Bank is known for its personalized services at the door step of the customers. Our salient features include easy
documentation, insurance coverage on the loan amount (Credit Shield), S/B account for the students, attractive terms &
conditions and the best quality of service to the student community. Customers can avail tax benefit for the Education
Loans taken from us.
HDFC Bank wishes all the students a bright future & an excellent career ahead.
Please visit our website www.hdfcbank.com.
You can also write to us on eduloan@hdfcbank.com.
Alternatively, SMS "SMS EDU" to 5676712.
R.Hareehara Baskaren
Head-Education Loans
HDFC Bank

Selection Process 14
2011
 CREDILA FINANCIAL SERVICES

Eligibility Students admitted for 2 year Post Graduate Program in Management/MBA Program,
One year Executive MBA Program in IBS at various campuses in India & Abroad.

Loan Amount Minimum of ` 1 Lakh - Maximum of ` 20 Lakhs

Margin NIL

Security Non Agricultural Land, House, Bungalow, Flat, LIC, Fixed Deposit, NSC and KVP are
accepted as Security. Security located other than student or co-borrower location
can be accepted. Security amount starting from 10% of Loan amount is required.

Interest 12 % per annum

Repayment Period For Full Time Courses - Simple interest repayment during tenure of course and then
Interest + Principal for 36, 48, 60, 72, 84, 96 months as given by Credila

For Part Time Courses - Immediately Interest + Principal repayment for 48,60 and
72 months

Typical Loan Product for 2 year MBA course

Loan Amount 2 Years Interest +6 Years +7 Years +8 Years

in ` Repayment Equated Monthly . Equated Monthly Equated Monthly
in ` Installment in ` Installmentin ` Installment in `

4,00,000 4,000 7,820 7,061 6,501

6,00,000 6,000 11,730 10,592 9,752

8,00,000 8,000 15,640 14,122 13,002

10,00,000 10,000 19,550 17,653 16,253

Co-Borrower Father, Mother, Brother, Sister, Spouse, Cousin, Paternal Uncle, Paternal Aunt, Maternal
Uncle, Maternal Aunt, Grandfather, Grandmother and any other relative can be a
Co-borrower. Co-borrower can be from any part of India. More than one co-borrower
accepted

Selection Process 15
2011
Dear students,
Please accept my heartiest congratulations on your interest to pursue Post Graduate Program in Management at IBS,
one of the most vibrant management institution of India!
At Credila, we understand that this is the most critical part of your life and even as an initiated individual of generation
next, getting in to a good institute is the most important stepping stone for your future.
Moreover, the fact that each student comes from a diverse background and has specific requirements of education,
skills and competencies to make a mark in the corporate world, quality of education and choice of institute becomes vital
for success.
Also the financial requirements vary from student to student based on their aspirations, objectives and backgrounds.
Hence, we intend to work very closely with students and their families to get the ideally suited educational loan product
e.g. required loan amount, flexible repayment terms etc.
Money paid for education is the best investment anyone can ever make. Availability of the education loan, at the
appropriate time, can make your dreams come true. Credila intends to help deserving bright young Indians like you to
achieve their dreams!
Please visit our website www.credila.com to know more and apply online.
For more information please call us at toll free no. 1-800-209-3636.
You can also write to us on loan@credila.com. Alternatively, SMS "CREDILA" to 53636.
Sincerely,

Prashant A. Bhonsle
Country Head, Credila Financial Services
Education loan at your doorsteps!

Selection Process 16
2011
Student Eligibility Should be an Indian National. Should have secured admission into management courses
in a foreign/Indian university through entrance test/ selection process.

Loan Amount Need based finance, subject to the repaying capacity of the parents/students with
margin and amount of the loan as specified by the bank.

Studies in India: Maximum ` 10 lakhs

Studies Abroad: Maximum ` 20 lakhs

Rate of Interest Up to ` 4 lakhs: ` 4 lakhs to ` 7.5 lakhs: Above ` 7.5 lakhs:

11.35% (BR+3.75%) 12.85% (BR+5.25%) 11.85% (BR+4.25%)

Margin Up to ` 4 lakhs: Nil Above ` 4 lakhs: 5% for Abroad: 15%

study in India (95% funding)

Security Up to ` 4 Lakhs: Nil

` 4 lakhs- ` 7. 5 lakhs: Third Party Guarantee

Above ` 7.5 lakhs - Tangible collateral security for full value of the loan.

Repayment Repayment Moratorium: Course period plus 12 months or 6 months after getting
a job whichever is earlier as prescribed by the bank. The loan is to be repaid in
5 - 7 years after commencement of repayment.

Documents Required Marksheet of last qualifying examination, copies of letter conferring scholarship, proof
of admission, schedule of expenses, bank account statement for the last six months,
address proof, income proof, signature identification from bankers of borrowers/
guarantors, 2 passport size photographs, statement of assets and liabilities.

Selection Process 17
2011
Student Eligibility Should be an Indian National. Should have secured admission into management courses
in a foreign/Indian university through entrance test/ selection process.
Loan Amount Need based finance, subject to the repaying capacity of the parents/students with
margin and the following ceilings:
Studies in India : Maximum ` 10 lakhs | Studies Abroad : Maximum ` 20 lakhs
Rate of Interest Upto ` 4 lakhs: 11.00% (BR+2.00%+0.50%TP)
Above ` 4 lakhs: 11.75%* (BR+2.75%+0.50%TP)
Margin Upto ` 4 lakhs: Nil | Above ` 4 lakhs: 5% (Studies in India)
Security Upto ` 4 lakhs: Nil
` 4 lakhs- ` 7.5 lakhs : Third party Guarantee acceptable to bank
Above ` 7. 5 lakhs : Collateral security of suitable value or suitable third party guarantee.
Repayment Repayment Holiday/Moratorium: Course period + 1 year or 6 months after getting
a job whichever is earlier. The principal and interest is to be repaid in 5 - 7 years after
commencement of repayment.
Documents Required Copies of certificates with regard to educational qualifications, admission letter,
quotation from college authority stating coverage of expenses, income proof of parent,
assets and liabilities statement of parent/guarantor, if any.
* Subject to change periodically.

Student Eligibility Should be an Indian National. Should have secured admission into management courses
in a foreign/Indian University through entrance test/Selection process.

Loan Amount Need based finance subject to repaying capacity of the parent/students.

Studies in India : Maximum ` 10 lakhs | Studies Abroad : Maximum ` 20 lakhs

Rate of Interest Upto ` 4 lakhs : 11.25% | Above ` 4 lakhs : 13.00%

Margin Upto ` 4 lakhs: Nil | Above ` 4 laksh: 5% ( Studies in India)

Security Upto ` 4 lakhs: Nil | ` 4 lakhs- ` 7.5 lakhs : Co-obligation of parent/guardian/Third

party Guarantee acceptable to bank.

Above ` 7.5 lakhs: Tangible security of suitable value besides co-obligation of parent.
Parent co-obligation and assignment of future income.

Repayment Repayment Moratorium: Course period + 1 year, or six months after getting a job,
whichever is earlier. The loan is to be repaid in 5-7 years after commencement of
repayment.

Documents Required Mark sheet of last qualifying examination, copies of letter conferring scholarship,
proof of admission, schedule of expenses, bank account statement for the last six
months, address proof, income proof, etc.

Selection Process 18
2011
Student Eligibility Indian Nationals not above 45 years of age, who have secured admission in a recognized
course of an approved university.
Loan Amount Education in India: Max. ` 10 lakhs; Education Abroad: Max. ` 20 lakhs
Rate of Interest Upto ` 4 lakhs: 11.25% p.a. | Above ` 4 lakhs: 12.00% p.a.
( 0.5% concession for women beneficiaries)
Margin Upto ` 4 lakhs: Nil | Above ` 4 lakhs : Education in India: 5%
Security Upto ` 4 lakhs: No collateral security required. Co - obligation of parents/ guardian
is must. No collateral security required. ` 4 lakhs- ` 7. 5 lakhs: Co-obligation of
parents/ guardians is must. One satisfactory third party guarantee. Above ` 7.5 lakhs:
Co-obligation of parents/ guardian is obligatory. Mortgage of immovable property or
any other tangible security like pledge of NSC/LIC/Bonds etc., having value (surrender
value) at least equal to 100% of loan. Extension of charge on property already
mortgaged subject to adequate residual value of security.
Repayment Within 84 EMIs commencing 12 months after course or 6 months after getting the job,
whichever is earlier.
Documents Required Copies of certificates with regard to educational qualifications, admission letter,
quotation from college authority stating coverage of expenses, income proof of parent,
assets and liabilities statement of parent/guarantor, if any.

Student Eligibility Should be a resident of India. Secured admission through Entrance Test/ Merit based
selection process.
Loan Amount Need based subject to repayment capacity of parent/student, based or the expected
income to be generated after completion of the course. Studies in India : Maximum
` 10 lakhs | Studies Abroad : Maximum ` 20 lakhs
Rate of Interest Upto ` 4 lakhs: 10.50% p.a. at present. | Above ` 4 lakhs: 12.50%% p.a.
1% concession for girl students. Simple interest at monthly rests during the repayment
holiday period. 1% concession is provided if interest debited during repayment holiday
is serviced.
Margin Upto ` 4 lakhs - Nil | Above ` 4 lakhs: 5%. Scholarship/assistantship if any
received to be included in the margin. Margin may be brought in on year to year basis
as and when disbursement are made on a prorate basis.
Security Upto ` 4 lakhs - Nil | ` 4 lakhs - ` 7.5 lakhs - Collateral in the form of a suitable third
party/ guarantee along with assignment of future income. Above ` 7.5 lakhs - Tangible
Security equal to 100% loan amount.
Repayment Repayment holiday - course period + 1 year. The loan is repayable in 5 - 7 years
after the above period.
Co-obligation The loan document should be executed by both the student (in case student is major)
and the parent/guardian as joint borrower.
Documents Required Copies of certificates with regard to educational qualifications, admission letter,
quotation from college authority stating coverage of expenses, income proof of parent,
assets and liabilities statement of parent/guarantor, if any.

Selection Process 19
2011
Student Eligibility Should be an Indian National. Should have secured admission in management courses
in a foreign/Indian university through entrance test/ selection process.
Loan Amount Studies in India : Maximum ` 10 lakhs | Studies Abroad : Maximum ` 20 lakhs
Rate of Interest Upto ` 4 lakhs: 11.50% | Upto ` 4 lakhs: 10.50% for Girl Students ` 4 to
7.5 lakhs: 12.50%. Above ` 7.5 lakhs: 10.50%
Margin Upto ` 4 lakhs: No Margin | Above ` 4 lakhs : 5.00% .
Security Upto ` 4 lakhs: No security loan in the joint names of student & parent assignment of
future income of the student.
Above ` 4 lakhs - ` 7. 5 lakhs: For meritorious student : Satisfactory third party
Guarantee Assignment of future income of the student.
Above ` 7.5 lakhs - ` 10 lakhs: Collateral Security to the extent of 100%.
Repayment In 5 to 6 years in EMIs. Repayment starts one year after completion of course or six
months after getting employment whichever is earlier. Simple interest calculated during
the repayment holiday will be added to principal and EMI is calculated.
Documents Required Copies of certificates with regard to educational qualifications, admission letter,
quotation from college authority stating coverage of expenses, income proof of parent,
assets and liabilities statement of parent/guarantor, if any.

Student Eligibility Applicant should be an Indian National and should have secured admission in
professional/technical courses through entrance test/merit - based selection process
in India or abroad.
Loan Amount Need based finance, subject to the repaying capacity of the parents/students with
following ceilings: Studies in India: Max ` 10 lakhs | Studies Abroad: Max ` 20 lakhs.
Rate of Interest Upto ` 4 lakhs : 11.00% p.a.
` 4 to 7.5 lakhs: 12.00% p.a. Above ` 7.5 lakhs: 11.50%
Margin Upto ` 4 lakhs: Nil | Above ` 4 lakhs: Studies in India: 5%
Security Upto ` 4 lakhs: Nil | ` 4 lakhs- ` 7. 5 lakhs: Collateral in the form of satisfactory
third party guarantee. Above ` 7. 5 lakhs: Tangible Collateral security of suitable
value or third party guarantee along with the assignment of future income of the
student for payment of installments.
Repayment Repayment Moratorium: Course period plus + one year or 6 months after getting a
job, whichever is earlier. The loan is to be repaid in 5 - 7 years after commencement
of repayment. 1% interest concession to be extended if the interest is serviced promptly
as and when debited during study period.
Documents Required Copies of certificates with regard to educational qualifications, admission letter,
quotation from college authority stating coverage of expenses, income proof of parent,
assets and liabilities statement of parent/guarantor, if any.

Selection Process 20
2011
Student Eligibility Should be an Indian National. Should have secured admission in management courses
of IBS.
Loan Amount Need based finance, subject to the repaying capacity of the parents/students with
margin and amount of the loan as specified by the bank.
Studies in India : Maximum ` 10 lakhs | Studies Abroad : Maximum ` 20 lakhs
Rate of Interest Upto ` 4 lakhs: 10.75% (BR + 2.25%)
Above ` 4 lakhs: 11.25% (BR + 2.75%). For Girls/SC students 0.50% concession
Margin Upto ` 4 lakhs: Nil | ` 4 lakhs - ` 7.5 lakhs: 5% . Above ` 7.5 lakhs:15%
Security Upto ` 4 lakhs: Nil
` 4 lakhs - ` 7. 5 lakhs: Third Party Guarantee acceptable to Bank having adequate
net worth.Above ` 7.5 lakhs: Collateral security equal to 125% of loan amount.
Repayment Repayment Moratorium: Course period +1 year, or six months after getting a job
whichever is earlier as prescribed by the bank. The loan is to be repaid in 5 - 7 years
after commencement of repayment.
Documents Required Marksheet of last qualifying examination, copies of letter conferring scholarship, proof
of admission, schedule of expenses, bank account statement for the last six months,
address proof, income proof, etc.

Student Eligibility Should be an Indian National. Should have secured admission into management courses
in a foreign/Indian university through entrance test/ selection process.
Loan Amount Need based finance, subject to the repaying capacity of the parents/students with
margin and amount of the loan as specified by the bank.
Studies in India: Maximum ` 10 lakhs | Studies Abroad: Maximum ` 20 lakhs
Rate of Interest For Male Students: 10.50% (BR+2.00%)
For Female Students: 10.00% (BR+1.50%)
For SC/ST/Minority Community Students: 10.00% (BR+1.5%)
Margin Upto ` 4 lakhs : Nil | Above ` 4 lakhs : 5% for study in India
Security Upto ` 4 lakhs : Nil | ` 4 lakhs - ` 7. 5 lakhs: Third Party Guarantee
Above ` 7.5 lakhs : Collateral Security in the form of suitable value or suitable third
party guarantee along with the assignment of future income of the students for payment
of installments.
Repayment Repayment Moratorium: Course period plus 12 months or 6 months after getting a
job whichever is earlier as prescribed by the bank. The loan is to be repaid in
5 - 7 years after commencement of repayment.
Documents Required Marksheet of last qualifying examination, copies of letter conferring scholarship, proof
of admission, schedule of expenses, bank account statement for the last six months,
address proof, income proof, etc.

Selection Process 21
2011
Student Eligibility Should be an Indian National. Secured admission to professional course through
selection process or on merit.
Loan Amount Maximum Loan: Studies in India: ` 10 lakhs | Studies Abroad: ` 20 lakhs.
Rate of Interest Upto ` 4 lakhs: 11.25% p.a. | Above ` 4 lakhs: 12.25% p.a.
For girl students 0.5% less interest on loan above ` 4 lakhs.
Margin Upto ` 4 lakhs: Nil | Above ` 4 lakhs in India : 5% | Abroad : 15%
Security Upto ` 4 lakhs: Nil | Above ` 4 lakhs - ` 7.5 lakhs: Third party guarantee
Above ` 7.5 lakhs : Tangible Collateral Security
Repayment Repayment holiday/ Course Period + 1year or 6 months after getting job, whichever
is earlier. The loan is to be repaid 5 - 7 years after repayment holiday.
Documents Required Copies of certificates with regard to educational qualifications, admission letter,
quotation from college authority stating coverage of expenses, income proof of parent,
assets and liabilities statement of parent/guarantor, if any.

Student Eligibility Should be an Indian National. Should have secured admission in Professional/technical
course through Entrance test/ Selection process. Secured admission in foreign
University/Institution.
Loan Amount Need based finance subject to repaying capacity of parents / students with following
ceilings: Studies in India: Maximum ` 10 lakhs | Studies Abroad: Maximum ` 20 lakhs
Rate of Interest Upto ` 4 lakhs: 11.50% (BR+3.50%)
Above ` 4 lakhs: 12.75% (BR+4.75%)
Margin Upto ` 4 lakhs : Nil
Above ` 4 lakhs : Studies in India : 5% | Studies Abroad : 15%
Security Upto ` 4 lakhs: No Security (Co-obligation of parent/guardian is compulsory)
` 4 lakhs - ` 7. 5 lakhs: Collateral in the form of satisfactory third party Guarantee
Above ` 7.5 lakhs: Collateral Security of suitable value or Co-obligation of parents/
guardian/third party guarantee along with the assignment of future income of student
for payment of installments.
Repayment Course period plus 12 months or 6 months after getting a job whichever is earlier as
prescribed by the bank. The loan is to be repaid in 5 - 7 years after commencement of
repayment.
Documents Required Marksheet of last qualifying examination, copies of letter conferring scholarship, proof
of admission, schedule of expenses, bank account statement for the last six months,
address proof, income proof, etc.

Selection Process 22
2011
Student Eligibility Student should be Indian National having secured admission at College/Universities/
Institutes in India/Abroad for pursuing Professional/Technical Courses through an
Entrance Test/ Merit based selection Process, having good academic record.
Courses Eligible: Graduation, Post Graduation, Professional Courses,
MBA,ICWA,CA,CSA,IIT,MBBS, B.Tech, Merchant Navy etc.
Loan Amount Max. ` 10 lakhs for studies in India. Max. ` 20 lakhs for studies Abroad.
Rate of Interest Upto ` 7.5 lakhs: 12.00% (BR+3.50%). Above 7.5 lakhs: 12.50% (BR+4.00%)
(Concession of 05 -1% for women beneficiaries)
Margin Upto ` 4 lakhs: Nil; Above ` 4 lakhs in India : 5%. Abroad : 15%
Security Upto ` 4 lakhs : Nil. ` 4 lakhs - ` 7.5 lakhs : Collateral Security in the form of suitable
third party guarantee.
Above ` 7.5 lakhs : Collateral Security in the form of suitable value and suitable third
party guarantee along with the assignment of future income of the students for payment
of installments.
Repayment Course Period + 1 year or 6 months after getting Job whichever is earlier. Max. 84
months excluding moratorium.
Documents Required Copies of certificates with regard to educational qualifications, admission letter,
quotation from college authority stating coverage of expenses, income proof of parent,
assets and liabilities statement of parent/guarantor, if any.

Student Eligibility The applicant should be an Indian National. He should have secured admission into
professional / technical courses through entrance test/ Merit based selection process.
He should have secured admission in foreign University/Institutions.
Loan Amount Need based finance subject to repaying capacity of parents / students with following
ceilings: Studies in India: Maximum ` 10 lakhs | Studies Abroad: Maximum ` 20 lakhs
Rate of Interest Upto ` 4 lakhs: 11.50% (BPLR -1.25%) | Above ` 4 lakhs: 12.00% (BPLR - 0.75%)
Margin Upto ` 4 lakhs : Nil | Above ` 4 lakhs : Studies in India : 5% . Studies Abroad : 15%
Security Upto ` 4 lakhs: Nil | ` 4 lakhs - ` 7.5 lakhs : Collateral in the form of a satisfactory
third party guarantee. | Above ` 7.5 lakhs: value of collateral security equal to amount
of loan. Additional 2 guarantors acceptable to Bank
Repayment The applicant will get a repayment holiday of one year after completion of the course
or 6 months after getting a job whichever is earlier. The loan is then to be repaid in 5
years after commencement of repayment.
Documents Required Copies of certificates with regard to educational qualifications, admission letter,
quotation from college authority stating coverage of expenses, income proof of parent,
assets and liabilities statement of parent/guarantor, if any.

Selection Process 23
2011
Student Eligibility Student should be Indian National having secured admission to professional /technical
course through Entrance Test / Selection Process. Secured admission in foreign
University / Institution. No maximum or minimum income is prescribed for parents /
family.
Loan Amount Need based finance subject to repaying capacity of parents / students with following
ceilings:
Studies in India: Maximum ` 10 lakhs | Studies Abroad: Maximum ` 20 lakhs
Rate of Interest Upto ` 4 lakhs : 11.50% p.a (BR+3.00%)
More than ` 4 lakhs : 12.25% p.a (BR+3.75%)
Margin Upto ` 4 lakhs : Nil. Above ` 4 lakhs : Studies in India : 5% Studies Abroad : 15%
Security Upto ` 4 lakhs - No security
Above ` 4 lakhs - Collateral securities by way of suitable third party guarantee or
tangible security equivalent to loan amount.
Repayment The loan will be repaid in 5 - 7 years after commencement of repayment. There will be
moratorium for repayment during "the course period + 1 year or 6 months after
getting job, whichever is earlier". 1% interest concession may be provided, if the
interest is serviced during moratorium period.
Documents Required Copies of certificates with regard to educational qualifications, admission letter,
quotation from college authority stating coverage of expenses, income proof of parent,
assets and liabilities statement of parent/guarantor, if any.

Student Eligibility Applicant should be an Indian National and should have secured admission in
professional/ technical courses through entrance test/merit - based selection process
in India or abroad.
Quantum of Finance Studies in India: Maximum ` 10 lakhs
Studies Abroad: Maximum ` 20 lakhs
Rate of Interest Up to 4 lakhs: 11.75% (BR+3.25%)
Above 4 lakhs: 11.50% (BR+3.00%)
Less: 1% for girl students.
Margin Up to ` 4 lakhs : Nil
Above ` 4 lakhs Studies in India : 5% Studies Abroad : 15%
Security Up to 4 lakhs: Nil
` 4 lakhs - 7.5 lakhs: Third Party Guarantee & Co-obligation required
Above ` 7.5 lakhs: Tangible Collateral Security 100%
Repayment The loan is to be repaid in 5 - 7 years after commencement of repayment.
Moratorium: Course Period + one year or 6 months after getting a job whichever is
earlier as prescribed by the bank.
Documents Required Admission letter, fee structure, Permanent residential proof, PAN, Co-obligants
employment particulars, IT returns if available, Agriculture income and Assets &
Liabilities, statements of Co-obligant/guardian.

Selection Process 24
2011