Infinity Business School has tie-ups with HDFC Bank and Credila Financial Services, which offer education loans to students offered admission in the Post Graduate Programs in Management.
CREDILA FINANCIAL SERVICES
Credila Financial Services, a HDFC Ltd venture is the only specialized education loan provider in India. You can get more information about Credila at www.credila.com
Unique Benefits for Infinity students:
• Up to 100% finance* for education loan
• Partial collateral accepted
• Multiple Co-borrowers from different locations accepted
• Quick online and offline services
• No processing fees* before disbursal
*Student Loans offered by Credila are at sole discretion of Credila and its policies.
Contact Details
Vipin Pal
9873915474
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HDFC Bank
HDFC Bank is the only private bank in the country offering education loans.
Features of HDFC Bank Education Loan
| Loan Amount | • Maximum of Rs.7.5 lakh |
| Margin | • 10% |
| Security |
• No Security required uptill 7.5 lacs • Students not meeting the HDFC Bank credit criteria however may be required to furnish additional security as acceptable to HDFC Bank. |
| Interest | • A Maximum rate of 13 % p.a. |
| Moratorium |
• The course period + 1 year during which co-applicant will service simple interest only. • In case of Part time courses, the EMI will start immediately after disbursement. |
| Repayment period |
• The borrower will have the choice of repayment in 12, 24, 36 or 48 Equal Monthly Installments after Moratorium. • The loan tenor will be based on the employment of the co-applicant and at the sole discretion of HDFC Bank. |
| EMI Per Lakh per month | 12 Months 24 Months 36 Months 48 Months |
| Rs. 8,932 Rs. 4,754 Rs. 3,369 Rs. 2683 | |
| Processing charges | • Nil |
| Co Borrower | • Mandatory - Parent / Blood Relations / Spouse and the income documents of the co-applicant will be of primary consideration and must meet the required HDFC bank policy. |
Contact Details
Dinesh Kumar Sharma
9310621121
For more information, please contact the Admission Office.