elcome - ibsat.ibsindia.org

ICFAI Business School (IBS) Selection Process is conducted at IBS Hyderabad campus for the candidates shortlisted based on IBSAT 2016/GMAT/CAT 2016/ NMAT by GMACTM scores.

The Selection Process is conducted for:

• MBAprogramofferedatIBSHyderabad,IBSDehradunandIBSJaipur.

• PostGraduatePrograminManagementofferedatIBSAhmedabad, IBSBengaluru,IBSGurgaon,IBSKolkata,IBSMumbaiandIBSPunecampuses.

Selection

IBS Pune

IBSBengaluru

IBSGurgaon

IBSDehradun

IBSJaipur

IBS Hyderabad

IBSKolkata

Process 2017

IBS Ahmedabad

IBS Mumbai

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elcomeWCongratulations and welcome to the Selection Process of ICFAI Business School.

IBS is committed to developing corporate leaders who can understand the dynamics of global business organizations and deliver sustainable results within a broad frame-work of business ethics and corporate governance.

Candidates from across India and from very diverse backgrounds attend the highly competitive Selection Process conducted at IBS Hyderabad campus for a period of ten days.

The Selection Process is designed to select self motivated candidates, who have inquisitive minds, who are willing to work hard and who are aspiring for top level positions and career opportunities in the field of management unleashed by economic reforms.

The mission of IBS is to promote fairness, integrity and transparency in the admission process. Admission decisions are made on academic merit and performance in GD/PI.

The details of the Selection Process are given in subsequent pages. Please read the contents carefully and come fully prepared for the Selection Process.

Wishing you all the best and a comfortable stay at Hyderabad.

Admissions Officer

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•Submission of documents

• Issue of Admit Card for Selection Process

This booklet covers the following aspects of

Selection Process

1 Arrival at

Hyderabad

2 Accommodation

at Hyderabad

3 How to reachthe Venue for

Selection Process

4 SelectionProcess Schedule

5 Registration for the Selection Process

4

• GroupDiscussion

• PersonalInterview

• Criteriaforselection

• SelectionProcessResult

• PaymentofAdmissionFee

• Waitlistallotments

11 Financing your

Education

6 SelectionProcess

7 Eligibility

Criteria

8 ProgramRegistration

9Fee Schedule

10 Address for

Correspondence

5

Hyderabad is well connected by flights, trains and buses. Candidates traveling by

flight will alight at Rajiv Gandhi International Airport (RGIA), Shamshabad,

Hyderabad. The distance from Airport (Shamshabad) to IBS Hyderabad Campus is

approximately 40 kms.

Candidates traveling by train may alight at any one of the following railway stations:

a. Secunderabad: Distance to IBS Campus is approximately 40 kms.

b. Nampally (Hyderabad): Distance to IBS Campus is approximately 37 kms.

c. Kachiguda: Distance to IBS Campus is approximately 40 kms.

Candidates traveling by bus may alight at any one of the following bus stations:a. Jubilee Bus Station, Secunderabad: Distance to IBS Campus is approximately 43 kms.

b. Mahatma Gandhi Bus Station: Distance to IBS Campus is approximately 42 kms.

A route map to reach IBS Hyderabad Campus and the details of call taxis are given in the Ready Reckoner (Given in this Kit).

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 advised to arrive at 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.

Arrival at Hyderabad1

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The venue for Selection Process is IBS Hyderabad Campus. The

route map for the same is given in the Ready Reckoner (enclosed).

The candidates have to report at the venue by 7.00 a.m. on the

alloted date for the Selection Process. The registration will be closed

by 8.30 a.m.

Bus Facility: IBS provides to and fro bus facility, from IBS Admissions

Office, Plot No.65, Nagarjuna Hills, Punjagutta, Hyderabad to the IBS

Hyderabad Campus, Donthanapally, Shankarpalli Road, Hyderabad

on payment of Rs.600 per person. The travel time is about one hour

for the 33 km Journey.

To avail the bus facility, candidates are required to confirm

online indicating the number of persons (including the

candidate and the accompanying persons) for whom the

bus facility is required using the link “Online Confirmation

– SP & SB” available at www.ibsindia.org before

January 27, 2017. Candidates can make the payment online. The

buses will be arranged only for those who confirm and pay online.

The buses to IBS Hyderabad Campus will depart between 6.15 a.m.

and 7.15 a.m. Those who reach the pick-up point after 7.15 a.m. are

required to make their own travel arrangements.

The candidates who availed the bus facility will be dropped back at

Punjagutta after the completion of the Selection Process. The buses

for return journey will start from campus from 2.30 p.m. onwards.

IBS Hyderabad does not provide any accommodation for the candidates attending the Selection Process. Candidates and their accompanying persons are requested to make their own arrangements for accommodation, well in advance. A list of hotels with their tariff rates and locations are given in the Ready Reckoner. Please note that this is not an exhaustive list. The information on other hotels/guest houses in Hyderabad is available on the internet.

Accommodation atHyderabad2

How to reach the Venuefor Selection Process3

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Activity Timings

Registration 7.00 a.m - 8.30 a.m

Briefing 9.00 a.m - 9.30 a.m

Group Discussion and 10.00 a.m onwards Personal Interview

• Only those candidates whose Selection Process is scheduled on

that day and who had confirmed and paid the bus charges online

will be permitted to avail the bus facility.

• Candidates are required to carry the Selection Process Call

Letter, a Photo ID and the bus coupon (issued online) to use the

transport facility.

• There is no parking space for any vehicle at the pick-up

point at Nagarjuna Hills, Punjagutta. Hence the candidates/

accompanying persons are requested not to bring personal

vehicles to the pickup point.

• The candidates and accompanying persons have to alight near

Adidas Showroom at Punjagutta on the main road by the side of

the flyover and reach Bus pick-up point, Plot No: 65, Nagarjuna

Hills, Punjagutta, Hyderabad.

• Own/ Hired Transport: Those who wish to reach IBS Hyderabad

Campus at Donthanapalli using their own/hired transport may

report at the Campus by 7.00 a.m. sharp on the date allotted to

them. The registration will be closed by 8.30 a.m.

For any queries relating to reaching the bus pick-up point at

Nagarjuna Hills or IBS Hyderabad Campus, please contact

the counselors on the helpline number 040–23440963 or

Toll Free No. 1800 425 556677

Facilities at the Selection Process Venue

• Cloak room facility (Baggage hold)

• Canteen facilities (on payment basis)

• A medical officer and first-aid facilities

• Counselors at the information desk.

• Financial Aid Facilitation Cell

Selection ProcessSchedule4

9

All candidates are required to register for the Selection Process between 7.00 a.m. to 8.30 a.m. only at IBS Hyderabad Campus on the date confirmed by them by showing the Selection Process call letter.

Submission of Documents

Candidates have to submit the following documents at the registration counters on the day of Selection Process:

• Application Form (Duly filled in with photo affixed)

• Self attested xerox copies of marks sheets and certificates of Class X, Class XII, and Graduation.

The candidates will not be permitted to attend the Selection Process if they do not submit the above documents.

Application Form

Candidates should give a complete and true picture of themselves in terms of their accomplishments, academic abilities and plans for the future as the details provided are carefully reviewed, and the admission decision is made only after assessing all the information provided.

Candidates are advised to indicate their order of preferences for all nine IBS campuses.

Issue of Admit Card for Selection process

Candidates who submit the duly filled in Application Form and self attested Xerox copies of their marks sheets and certificates, will be registered and issued an Admit Card for Selection Process, which gives the details of events for the day. The Admit Card should be retained by the candidates for the entire Selection Process and till they leave the campus.

Registration for theSelection Process5

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The Selection Process comprises of Group Discussion and Personal Interview. The Selection Process generally takes 3–4 hours from the commencement of briefing. Hence the candidates are advised to plan their return journey after 8.30 pm only.

Group Discussion

In the group discussion, a topic will be announced to a group of 8-10 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 attributes of the candidates are assessed on various parameters like expression, initiative, communication, analytical skills and behavior in group.

Personal Interview

The personal interview is the final stage of the Selection Process. The interview panel members are Directors, Deans, Senior Faculty Members and Alumni. The duration of the interview for each candidate will be for 10-15 minutes. The interview panel will focus on assessing the attitude and aspirations of the candidates besides evaluating their general knowledge, communication skills, clarity of thought and expression and aptitude for a career in management.

Selection Process6

11

Criteria for selection and allotment of seatsAdmissions are strictly based on merit. A composite score out of 100 is arrived at based on various parameters. The weightages allotted to different components in the Selection Process are given in the table below.

Criteria Weightage (%)

a Past Academic Record 50

X Class Marks 10

XII Class Marks 15

Degree Marks 25

b Group Discussion 25

c Personal Interview 25

Total Score 100

The allotment of campus is based on the composite score and the campus preferences of the candidate.

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Selection Letter

A detailed letter indicating the percentile secured in past academic record, group discussion and personal interview and the campus allotted/ waitlisted will be provided on the website www.ibsindia.org in the second week of March 2017. Candidates can login with their application number and password for knowing their score and the selection or waitlist for the campus. A candidate may be selected for one campus and waitlisted for another campus.

Payment of Admission Fee

The candidates are required to pay the admission fee of Rs. 80,000 in the form of demand draft by March 22, 2017. The payment of fee within the due date is for reserving the seat in the program. The fee received after the due date will not be accepted.

Waitlist Allotments

The Waitlisted Candidates who have paid the admission Fee by March 22, 2017 will be considered for waitlist allotments.

The waitlist allotments will be done from March 23, 2017 onwards.

No Canvassing

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. Also, please note that there are no management or NRI quotas for admission into the IBS Programs.

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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 May 31, 2017.

Minimum 15 years of education (10 + 2 + 3 or 10 +2 + 4). 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 the final year bachelor’s degree programs are eligible to participate in Selection Process, provided they complete their graduation requirements (including practical examinations/viva/ assignments/ backlogs) before May 31, 2017.

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 November 01, 2017. 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 program fee paid.

The scrutiny of eligibility criteria will commence from August, 2017 onwards. Hence, the onus of ensuring that they satisfy the eligibility criteria rests solely with the candidates. Any inaccurate information, misleading information or omission may result in withdrawal of admission offer and the fee paid by the candidate is non refundable in such instance. For any clarification on eligibility criteria please contact IBS Admissions Office, Hyderabad only.

All the selected candidates are mandatorily required to report at the allotted campus on June 01, 2017 for program registration and submit the first installment of fee along with self-attested photocopies of Class X, Class XII and graduation certificates and marks sheets and show original certificates and marks sheets for verification.

The candidates who are in their final year of graduation and whose results are yet to be declared, need to submit the marks sheets of the previous years of study.

Eligibility Criteria7

Program Registration8

14

*In addition, students have to pay Rs.10,000 as refundable Caution Deposit along with the first installment of Program Fee.

*The candidates selected for the MBA program at IBS Dehradun and IBS Jaipur who belong to the respective states will be awarded a fee concession of Rs. 50,000 (Rupees Fifty Thousand only). The fee concession will be given in five equal installments. The candidates have to produce respective domicile certificate from the Tahsildhar/ MRO/ Municipality office.

Laptops: The candidates are required to get their own laptops when reporting at the campus.

Living Expenses: The MBA program at IBS Hyderabad is a fully residential program. The students are required to pay hostel accommodation charges of Rs 40,000 per semester and mess expenses of approximately Rs 24,000 per semester.

Hostel facility is not available at other IBS campuses. However the campus administration will assist the students in getting a suitable hostel or off campus accommodation nearby the respective campus. The living expenses in these cities vary from Rs 8,000 – Rs 15,000 per month.

Candidates are required to address all their correspondence to:

Admissions Officer,IBS Admissions Office,Ground Floor, Plot No. 65, Nagarjuna Hills, Punjagutta, Hyderabad - 500 082, Telangana, India.Telephone Board: + 91-40-2344 0963; Toll Free No. 1800 425 5566 77 (Mon-Fri 9.30 am to 5.30 pm) E-mail: [email protected] sent to any other official at any other address will not elicit any responce.

Due Date Installment IBS Hyderabad

IBS Ahmedabad IBS Bengaluru IBS Gurgaon IBS Kolkata IBS Mumbai

IBS Pune

IBS Dehradun* IBS Jaipur*

March 22, 2017 Admission Fee 80,000 80,000 80,000

June 01, 2017 I 2,34,000 1,29,000 86,000October 16, 2017 II 2,34,000 1,29,000 86,000

February 19, 2018 III 2,34,000 1,29,000 86,000

June 04, 2018 IV 2,34,000 1,29,000 86,000October 15, 2018 V 2,35,000 1,30,000 87,000

TOTAL 12,51,000 7,26,000 5,11,000

Fee Schedule9

Address for Correspondence10

15

The time, effort and money that students spend in earning a postgraduate qualification in management can be one of the most important investments they 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 post graduation in management education may be a source of anxiety unless it is carefully planned. This booklet describes various options available for financing the education at IBS campuses.

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:

IBS has entered into an MOU (Memorandum of Understanding) with Credila Financial Services (An HDFC Ltd. Company) and Avanse Financial Services, for providing educational loans to IBS students. HDFC Bank & Axis Bank also offers education loans to IBS Students.

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, Bank of India, Bank of Maharashtra, UCO Bank, Allahabad Bank, Indian Bank and State Bank of Hyderabad.

Bridge Loan Facility

IBS offers bridge loan to students admitted into the IBS programs 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 program 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 will be provided in the Selection Letter.

Financing your Education11

16

Step 1: Do the calculationsStart, 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 like Student loan from a bank.

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 ` 12.50 lakhs and sources of funds available for financing post graduation education.

Estimated Expenditure Sources of FundsDetails Amount (`) Details Amount (`)

Total Fee 12,50,000 Bank loan up to 10,00,000Other expenses for two years (Living expenses, books & stationary) –Estimated

2,50,000 Family Contribution up to 5,00,000

Total Estimated Expenditure 15,00,000 Total Sources of Funds 15,00,000

From this, it is evident that to supplement students’ resources to finance their study, there are adequate sources of funds available to cover the total estimated expenditure.

The details of terms and conditions and interest rates offered by various Public and Private Sector Banks are provided in subsequent pages. If you have any querries related to bank loans, please feel free to contact: Financial Aid Facilitation Cell, IBS Admissions Office, Plot # 65, Nagarjuna Hills, Punjagutta, Hyderabad 500082. Tel: +91-40-2344 0963; E-mail: [email protected]

Steps in Financing your Education

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StudentLoans

Student Loans

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StudentLoans

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StudentLoans

Credila Financial Services(An HDFC Ltd. Company)

www.credila.com

Management Program Eligibility

Students admitted for 2 year full time post graduate management program offered at all IBS campuses across India.Loan AmountMinimum of ` 1 Lakh - Maximum of ` 12 Lakhs (Unsecured/Secured options available)Margin: NILAcceptable Security/Collateral: Immovable Property, Fixed Deposit.Interest: Starts from 11.95 % P. A (Floating)Repayment Period: Upto 120 months.Co-Borrower: Father, Mother, Brother, Spouse.Income Tax Benifits: Yes, possible under Section 80E of Income Tax Act.Key Benefits: • Loan covers 100% of the cost• Co-burrower Flexibility – Multicity Co-burrower Accepted• Education loan at your Door Step• Repayment tenor upto 10 years• Preserver your family savings for emergencies and get better returns by investing.• Empower you to take your own financial responsibilities and also build a good credit history.To check your eligibility contact CREDILA‘s Dedicated Relationship Manager - Mr. Pawan Kumar on +91-9052357722Toll free No. at 1-800-209-3636 / SMS: Credila to 53636 / email: [email protected] / visit: www.credila.com

DearStudents,

Greetings!!!

IBSnowjoinshandswithCredila-India’sfirstdedicatedEducationLoanCompanyandoffersyoua‘Pre-approved*EducationLoan’!

That’strue!CredilahasidentifiedcertainMBAinstituteforanexclusiveEducationLoanoverandIBSisoneofthem.AsaprospectivestudentofIBSyouareeligibleforthis“uniquepre-approvedloanprogram.”

Credila’suniquepre-approvedloanprogram*helpsyouavailaneducationloaninaquickandhasslefreeway.ToavailofthispreapprovedloanallyouneedtodoisapplytouswithKYCandotherfinancialdocumentsofyourparentsforprocessingandcollectyourloansanctionfromus!Credila’sloanalsocoverstheinitialadmissionfeepaymentthatneedstobepaidatthetimeofGD-PI.

What’smore,youcangetCredilaEducationLoanatanattractiverateofinterestbesidesadditionalbenefitslike:

• AvailTaxbenefitsundersection80-Eandreduceyoureffective**rateofinterestbyupto30%

• Empowersyoutotakeyourownfinancialresponsibilitiesandalsobuildagoodcredithistory

• Anopportunitytopreserveyourfamilysavingsforemergenciesandgetbetterreturnsbyinvesting

• EducationLoanatyourDoorStep!

• NoMarginMoneyrequired

• Repaymenttenureupto10years(EasyEMIs)

• Co-borrowerflexibility

Tomakethemostofthisopportunity,applyevenbeforeadmissionconfirmationandfundyourdreamsofhighereducationinIndia.

Toapply,contactCREDILA‘sDedicatedRelationshipManager-Mr.PawanKumarat+91-9052357722orcallTollfreeNo.at1-800-209-3636

TrueEmpowermentstartswithCREDILA‘sEducationLoan!

Wishingyouallafantasticfutureahead.

Regards,

Hitesh ParasharNational Sales ManagerCredila- An HDFC Ltd. Company

*EducationLoansanctionasperCREDILA‘screditpolicy.Termsandconditionsapply

**EffectiverateisarrivedatafteremploymenttaxbenefitsU/s80-EoftheIncomeTaxAct,1961

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StudentLoans

Avanse Financial Serviceswww.avanse.com

Eligibility

Students admitted to IBS Business School for full time MBA/PGPM Programs

Maximum Loan Amount: `. 8 – 15 Lakhs

Margin Money : NIL

Repayment Tenure :10 years max

Repayment Type: Simple Interest Servicing during Study Period

Immediate Full EMI Option

Rate of Interest: Starting from 11.25% to 13.50% unsecured Processing Fee: 1% + tax

Insurance: Is mandatory for all unsecured loans and suggested for secured loans.

Collateral Security: Unsecured: No Collateral Security

Secured: Fixed Deposit/House/Flat/DHFL 2nd Charge

Co-Borrower/Co- Applicants: Parents/Siblings/Spouse

Co-Borrower Locations: DHFL Branch Locations

Co-Borrower’s Occupation: Salaried/SEP/SENP

Pre-payment/Foreclosure Charges: Nil

Disbursement :

Disbursement in one single installment OR as per payment schedule Tuition Fee disbursed to Institute Living Expenses disbursed to customer or Institute

Contact: Avanse Relationship Manager - Mr. Venkata Rao Pallanti on 91- 81424 00094 or Email: [email protected]

** Terms and conditions apply, final sanction& disbursement at the sole discretion of Avanse.

Dear Students,

Congratulations on your choosing one of India’s premiere academic institutions - ‘IBS Business School’.

IBS, a part of ICFAI group, is known for innovative and globally accepted programs based on a unique and innovative approach to business education.

At Avanse, we believe in ‘Aspiring without Boundaries’. We understand that this might be your first step towards fulfilling your aspirations but believe me, to be successful in your professional life, you also need to aspire without boundaries. The association between Avanse and IBS will foster your dreams by providing you world class education; create strong prospects and a better life.

It will be our endeavor to guide and assist you in your advanced education plans, catering to your financial requirements in a personalized and customized manner.

Avanse Education Loans through its association with Indian Business School brings to you hassle free 100% education finance at your doorstep with AvanseEdvantage.

Please do visit www.avanse.com for further information on Avanse Education Loans.

Write to us on [email protected] or Call toll free number 1800-833-633 or SMS AVANSE to 56677

We will assist you to avail the AvanseEdvantage.

Wish you the very best to achieve your career dream.

Best Compliments,

NeerajSaxenaCEO, Avanse Financial Services

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StudentLoansHDFC Bank Ltd. Eligibility

Students admitted for 2 year Post Graduate Program in Management/MBA Program, in IBS at various campuses in India.

Age Criteria

16 to 35 years

Rate of Interest

11.50% to 12.00% (Principal Moratorium –Interest to be serviced during Moratorium period.)

Margin

Nil – up to ` 4.00 lacs

5% for loans above ` 4.00 lacs.

Security

No Security up to `. 7.50 lac of loan. For more than Rs.7.50 lakhs, Security must be in the form of Residential Property / Fixed Deposit with HDFC Bank.

Processing Charges

- NIL -

Co-burrower

Parent / Guardian / Spouse

Documents required

• Completely filled and signed education loan application form (applicant & co applicant)

• One photograph – Self attested on the application form (applicant & co applicant)

• Self attested photocopy of admission offer letter with fees schedule / details (applicant)

• KYC documents of the applicant & co applicant(s)

• Residence Proof (applicant & co applicant) • Income documents: Latest 3 months salary along with latest form 16 for salaried co applicant(s) / latest 3 years IT returns for self employed co applicant(s)

• 6 months updated bank account statement (co applicant)

• Academic records: Self attested photo copies of Mark sheets of 10th, 12th, Graduation, up to latest qualification along with degree certificates up to latest qualifications.

• Education loan cover – Credit Protect insurance form – duly signed

Credit at the sole discretion of HDFC Bank Ltd. The above list of documents is tentative. Additional documents may be required on a case to case basis.

write to us on [email protected].

Students may visit the nearest HDFC Bank branch for their Education loan enquiry.

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StudentLoans

AXIS Bank Axis Study Power Education Loan Advantages:

• Principle Moratorium available

• No Processing Fees

• No Prepayment Charges

• Repayment Tenure as Long as 15 Years with a very low EMI.

• 100% Tax Benefit for interest paid under Sec (80E)

• ` 1105/- approx per lakh per month EMI for 15 years.

Eligibility: Student should be an Indian National & have secured admission on merit basis through entrance test/selection process of the Institute.

Course Name: MBA/PGPM in Ahmedabad, Bengaluru, Gurgoan, Hyderabad, Kolkata, Mumbai, Pune, Dehradun and Jaipur

Rate of Interest: (floating rate linked to VCLR rates) Base Rate +Markup, Effective Rate of Interest = 11.75% to 12.25%

Loan Amount: 95% of the total cost of Education.

Processing Fee: Nil. Security creation/out of pocket expenses payable by the customer on actual basis, if applicable.

Prepayment Charges Nil

Repayment: Interest servicing during the moratorium period. EMI repayment will start on completion of the moratorium period.

Moratorium Period: Course period plus one year, or 6 months after securing a job, whichever is earlier.

Repayment Period: up to 15 years i.e. 180 Months Maximum

Loan Disbursement: As per fee payment schedule. The payment will be made directly to the institute IBS Hyderabad

Co applicant: The co-applicant should be parent(s)/guardian of the student borrower. In case of married person, co-applicant can be spouse or the parent(s)/parents-in-law.

Insurance: Max Life Insurance -MLI On the loan amount availed.

Security*: Loans above ` 15 lakhs – Collateral applicable as per Axis Bank Norms.

*Subject to Approval based on Banks internal policy and checksContact: Mr. Sandeep on +91-8143 880 345 or

Email: [email protected]

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StudentLoans

State Bank of IndiaStudent Eligibility

Should be an Indian national. Should have secured admission into management courses in an 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

Rate of Interest

Up to ` 4 lakhs: 11.20%

` 4 lakhs to ` 7.5 lakhs: 11.20%

Above ` 7.5 lakhs: 10.80%

(concession 0.50% for girl students)

Margin

Up to ` 7.5 lakhs: Nil

Above ` 7.5 lakhs: 5% for study in India (95% funding)

Security

Up to ` 4 Lakhs: Nil

` 4 lakhs - ` 7. 5 lakhs: Only Parent/Gaurdian as Security

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 15 years after commencement of repayment.

Documents Required

Marksheets 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.

Punjab National BankStudent Eligibility


Loan Amount

Need based finance, subject to the repaying capacity of the parents/students with margin and the following ceilings:


Rate of Interest

Upto ` 4 lakhs: 11.35%

` 4 lakh – 7.5 lakhs: 11.35%

Above ` 7.50 lakhs: 11.95%

Margin

Upto ` 4 lakhs: Nil

Above ` 4 lakhs: 5% (Studies in India)

Security

Upto ` 4 lakhs: Parent (s)/guardian as a joint borrower/s.

` 4 lakhs to 7.5 lakhs : Third party Guarantee acceptable to bank

Above ` 7. 5 lakhs : Tangible 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 15 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.

* Subject to change periodically.

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StudentLoans

Andhra BankStudent Eligibility

Should be an Indian national. Should have secured admission into management courses in an 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

Rate of Interest

Upto ` 7.50 lakhs: 11.55%

Above ` 7.50 lakhs: 11.10% (For Girl students 0.50% concession)

Margin

Upto ` 4 lakhs: Nil

Above ` 4 lakhs: 5% (Studies in India)

Security

Upto ` 4 lakhs: Nil

` 4 lakhs to 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.

Oriental Bank of CommerceStudent 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

Rate of Interest


` 4 lakhs to ` 7.5 lakhs: 11.55%


(0.5% concession for women beneficiaries)

Margin

Upto ` 4 lakhs: Nil

Above ` 4 lakhs : 5% (Education in India)

Security

Upto ` 4 lakhs: 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

EMIs Upto 15 years 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.

25

StudentLoans

Bank of BarodaStudent EligibilityShould be a resident of India. Secured admission through Entrance Test/ Merit based selection process.Loan AmountNeed 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 lakhsRate of InterestUpto ` 7.5 lakhs: 11.90%Above ` 7.5 lakhs: 11.15%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. Penal Interest @2% p.a. on overdue amount, if the loan exceeds Rs. 4.00 lakhs.MarginUpto ` 4 lakhs - NilAbove ` 4 lakhs: 5%. Margin is to be contributed on pro rata basis on year to year basis as and when disbursement are availed.SecurityUpto ` 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 along with assignment of future income.RepaymentRepayment holiday - course period + 1 year or 6 months after getting job, whichever is earlierUpto ` 7.5 Lakhs- Repayble in 120 maximum InstallmentsAbove ̀ 7.5 Lakhs- Repayble in 180 maximum InstallmentsCo-obligationThe loan document should be executed by both the student (in case student is major) and the parent guardian as joint borrower.Documents RequiredCopies 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.

Canara BankStudent EligibilityShould be an Indian national. Should have secured admission in management courses in an Indian university through entrance test/ selection process.

Loan Amount

Studies in India : Maximum ` 10 lakhs

Rate of Interest


` 4 lakhs to ` 7.5 lakhs: 11.35%

Above ` 7.5 lakhs: 11.15%.

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 students. 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

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.

Upto ` 7.5 lakhs - 10 yearsAbove ` 7.5 lakhs - 15 years

Documents RequiredCopies of certificates with regard to educational qualifications, admission letter, quotation from college authority stating coverage of expenses, income proof of parent.

26

StudentLoans

Corporation BankStudent EligibilityApplicant should be an Indian national and should have secured admission in professional/technical courses through entrance test/merit - based selection process in India.Loan AmountNeed based finance, subject to the repaying capacity of the parents/students with following ceilings:Studies in India: Maximum ` 10 lakhsRate of InterestUpto ` 4 lakhs : 11.50%` 4 to 7.5 lakhs: 11.50%Above ` 7.5 lakhs: 11.85%MarginUpto ` 4 lakhs: NilAbove ` 4 lakhs: Studies in India: 5%SecurityUpto ` 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.RepaymentRepayment Moratorium: Course period plus + one year or 6 months after getting a job, whichever is earlier. The loan is to be repaid in 15 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 RequiredCopies 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.

Syndicate BankStudent Eligibility

Should be an Indian national. Should have secured admission in management courses of IBS.

Loan Amount


Studies in India : Maximum ` 10 lakhs

Rate of Interest


` 4 to 7.5 lakhs 11.30%

Above 7.5 lakhs 12.30%

(For Girl students 0.5% concession)

Margin

Upto ` 4 lakhs: Nil

Above ` 4 lakhs: 5%

Security

Upto ` 4 lakhs: Nil

` 4 lakhs - ` 7. 5 lakhs: Third Party Guarantee acceptable to Bank having adequate net worth.

Above ` 7.5 lakhs: Tangible collateral security of suitable value acceptable to bank along with the assignment of future income of the student for payment of Installments.

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 15 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.

27

StudentLoans

Central Bank of IndiaStudent Eligibility


Loan Amount



Rate of Interest

For Male Students: 11.35%

For Female Students: 10.85%

Margin

Upto ` 4 lakhs : Nil

Above ` 4 lakhs : 5% for study in India

Security


` 4 lakhs to 7. 5 lakhs: Co-obligation of the parents with collateral security in the form of suitable third party guarantee along with the assignment of future income of the students for payment of intstallments.

Above ` 7.5 lakhs: Co-obligation of the parents/guardians with tangible collateral security in the form of suitable value.

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 15 years after commencement of repayment.

Documents Required


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

Rate of Interest

Upto ` 4 lakhs: 11.55%.

Above ` 4 lakhs: 11.05% p.a. (For girl students 0.5% concession)

Margin

Upto ` 4 lakhs: Nil

Above ` 4 lakhs in India : 5%

Abroad : 15%

Security

Upto ` 4 lakhs: Nil

Above ` 4 lakhs to 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.

Repayment of the loan will be in Equated Monthly Installments (EMI) for periods here under:

For Loans upto ` 7.5 lakhs -upto 10 years

For Loans above ` 7.5 lakhs-upto 15 years

Documents Required


State Bank of Bikaner & Jaipur

28

StudentLoans

State Bank of Bikaner & Jaipur Bank of IndiaStudent Eligibility

Student should be Indian national having secured admission at College/Universities/ Institutes in India 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.

Rate of Interest

Upto ` 7.5 lakhs: 12.40%.

Above ` 7.5 lakhs: 11.90% p.a.

(For girl students: Int.concession of 0.5% pa for limits upto Rs.50000/- and 1% for limits over Rs.50000/-)

Margin

Upto ` 4 lakhs: Nil

Above ` 4 lakhs: Studies In India - 5%; Studies in 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: Co-obligation of Parents together with tangible collateral security of suitable value along with the assignment of future income of the student for payment of installments.

Repayment

Course Period + 1 year or 6 months after getting Job whichever is earlier. After Commencement of repayment:

Loan amount up to `.7.5 lakh: 10 years

Loan amount over `. 7.5 lakh: 15 years

Documents Required

Copies of certificates with regard to educational qualifications, admission letter, quotation from college authority stating coverage of expenses, Birth Certificate of student, Identity proof, Address Proof, income proof of parent, assets and liabilities statement of parent/guarantor, if any.

Bank of MaharashtraStudent Eligibility

The applicant should be an Indian national. He should have secured admission into professional / technical courses through entrance test/ Merit based selection process in India. He should have secured admission in University/Institutions.

Loan Amount

Need based finance subject to repaying capacity of parents / students with following ceilings:


Rate of Interest


` 4 to 7.5 lakhs:11.65%

Above ` 7.5 lakhs:10.90%

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

Course period + 1 year or 6 months after getting the job, whichever is earlier. After commencement of repayment :

Loan amount upto ` 7.5 lakhs : 10 years

Loan amount above ` 7.5 lakhs: 15 years

Documents Required


29

StudentLoans

UCO BankStudent Eligibility

Student should be Indian national having secured admission to professional /technical course through Entrance Test / Selection Process. Secured admission in Indian University / Institution. No maximum or minimum income is prescribed for parents / family.

Loan Amount



Rate of Interest

Upto ` 7.5 lakhs: 11.45%


Margin

Upto ` 4 lakhs: Nil

Above ` 4 lakhs: Studies in India - 5% Studies Abroad - 15%

Security

Upto ` 7.5 lakhs - No security

Above ` 7.5 lakhs-Co-obligation of Parents. Tangible security equivalent to full value of loan.

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


Allahabad BankStudent 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.

Quantum of Finance


Rate of Interest

Upto ` 10 lakhs: 11.55%

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 10 - 15 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.

30

StudentLoans

Indian BankStudent 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.

Loan Amount

Need based finance, subject to the repaying capacity of the parents/students with following ceilings:

Studies in India: Max ` 10 lakhs

Rate of Interest

Upto ` 10 Lakhs: 12.25% (concession of 0.50% for Girl Students)

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 10-15 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


State Bank of HyderabadStudent 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



Rate of Interest

Upto ` 4 lakhs: 12%

Above ` 4 lakhs to 7.5 lakhs: 12.25%


Margin


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 suitable third party Guarantee.

Above ` 7.5 lakhs: Tangible 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 10-15 years after commencement of repayment.

Documents Required


31

IBS Admissions OfficeGround Floor, Plot No. 65, Nagarjuna Hills,

Punjagutta, Hyderabad - 500 082, Telangana, India.Telephone Board: + 91-40-2344 0963; Toll Free: 1800 425 556677

www.ibsindia.org