Loan Process The applicant wishing to join the programme as scheduled will Get the Guarantor (Parent/Guardian/Spouse, as the

e case may be i.e. the earning member in the family who will take Guarantee for the re-payment of the Loan should the applicant default, due to any reason, whatsoever) The Guarantee Form on Rs. 310/- Stamp Paper/Franked for Rs. 310/- duly filled & signed by the Guarantor, will require to be Notarized by a Notary in the Local Court. Following documents to be attached with the Guarantee Form

The Address proof (Attested copy Ration Card/Electricity Bill/Telephone Bill/Voter ID Card/Affidavit) of the Guarantor Income Proof of the Guarantor (Form 16/Income Tax Return/Last 3 months Salary Slip)

The Guarantee Form, duly completed, signed by the Guarantor & Notarised will be a prerequisite for the applicant for joining the Campus. This Guarantee Form will have to be submitted to ICICI Bank representative on day one of joining the ICICI Manipal Academy at Bangalore for training. If the Completed Guarantee Form, as above, is not submitted at the time of joining, the applicant will not be permitted to join the course An account will be opened with ICICI Bank for all the POs joining the programme, soon after joining. ICICI Bank representative at the Campus will help in this process POs will be required to fill up & sign the Loan Agreement Form at the Campus soon after joining. Once the accounts are opened & Cheque books issued, the POs will be required to give the required 3 Post Dated Cheques (PDCs) for Rs. 1,01,109/- each payable to ICICI Bank Ltd. for the Loan amount to the ICICI Bank representative at the Campus The Loan Agreement Form, Guarantee Form & the 3 PDC will be sent to the ICICI Bank Loan Account Section by the ICICI Bank representative The Loan Amount will be Credited into POs ICICI Bank account within 3 5 working days of the Loan Agreement/Guarantee Form/PDCs reaching the Loan Account department The PO will have to now give a Cheque for Rs. 3.03 Lacs in favour of Manipal Universal Learning Private Limited A/c No. 000205002286 to the ICICI Bank representative at the Campus for collectively sending the cheques to Manipal Universal Learning Private Limited