1

Selection Process @ IBS

ICFAI Business School (IBS) Selection Process is conducted
Online for the candidates shortlisted based on IBSAT 2020/
GMAT/CAT 2020/ NMAT by GMACTM scores.

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The Selection Process is conducted for:
• MBA Program offered at IBS Hyderabad, IBS Dehradun and IBS Jaipur.

• Post Graduate Program in Management offered at IBS Ahmedabad, IBS Bangalore, IBS Gurgaon,
IBS Kolkata, IBS Mumbai and IBS Pune campuses.

IBS Ahmedabad IBS Bangalore IBS Dehradun

IBS Gurgaon IBS Hyderabad IBS Jaipur

IBS Kolkata IBS Mumbai IBS Pune

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 Welcome
Congratulations and welcome to the Selection Process of ICFAI Business
School (IBS).
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.
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 Presentation/Personal Interview.
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.

Admissions Officer

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This booklet covers the following
aspects of
Online
Selection Process

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Selection Process Registration for the
Schedule Selection Process
• Submission of documents
• Issue of Admit Card for Selection Process

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Selection Process Eligibility Criteria
• Presentation • Personal Interview
• Criteria for Selection • Selection Process Result
• Payment of Admission Fee • Waitlist allotments

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Program Registration FEE SCHEDULE

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Address for Financing your
Correspondence Education

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Selection Process
Schedule

Selection Process Schedule (Activity and Timings) will be

Communicated through email

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Registration for the
Selection Process

Registration for the Selection Process

All the candidates are required to register for the Selection Process 2 days prior
to the date of interview confirmed by you.
Submission of Documents
Candidates are required to upload the following documents.
. Application form(duly filled in with photo affixed)
. Self attested photocopies of marks sheets of Class X, Class XII and
Graduation.
Candidates will not be permitted to attend the selection process if they do not
upload the above documents.
Please upload the certificates by using the www.ibsindia.org/ibsat2020 if you have
not already done.
Application Form
Candidates should give a complete and true picture of themselves as the details
provided are carefully reviewed and the admission decision is made only after
assessing all the information provided.

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Selection Process
Selection Process
The selection process comprises of presentation and personal interview. The
presentation and personal interviews generally takes 15 minutes. Candidates are
advised to be familiar with online presentations and attending online interviews.
Presentation
Candidate will be asked to speak on any general topic of his interest for 5 to 7
minutes. The topic should not be controversial pertaining to religion, politics etc.
Candidates will not be permitted to use any audio visual aids.
Depending on the presentation, the attributes of the candidates are assessed on
various parameters like expression, initiative, communication, analytical skills and
confidence.
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.
Criteria for selection and allotment of seats
Admissions 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 Presentation 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.

Results
A detailed letter indicating the percentile secured and the campus allotted/
waitlisted will be provided on the website www.ibsindia.org in the First week of
March 2021. Candidates can login with their application number and password to
find out their score and whether they are selected or waitlisted for the campus.
A candidate may be selected for one campus and waitlisted for another campus.

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 Payment of Admission Fee
The candidates are required to pay the Admission Fee of ` 80,000 in the form
of Demand Draft by March 24, 2021. 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 24, 2021 will be considered for waitlisted allotments.
The waitlisted allotments will be done from March 25, 2021 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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Eligibility Criteria
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, 2021.
Minimum 15 years of education (10 + 2 + 3 or 10 + 2 + 4). For eligibility
criterion, the aggregate percentage of marks secured in all the subjects of all the
years shall be taken into account.
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, 2021.
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, 2021. 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 criterion will commence from August, 2021 onwards.
Hence, the onus of ensuring that they satisfy the eligibility criterion 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
criterion please contact IBS Admissions Office, Hyderabad only.

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Program Registration
Regular Classes will commence on 17 May 2021- at all IBS Campuses.
All the selected candidates are mandatorily required to report at the allotted campus
on May 17, 2021 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.

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FEE SCHEDULE
Amount in `
IBS Ahmedabad
IBS Bengaluru
IBS IBS Gurgaon IBS Dehradun
Due Date Installment
Hyderabad IBS Kolkata IBS Jaipur
IBS Mumbai
IBS Pune
March 24, 2021 Admission Fee 80,000 80,000 80,000
May 17, 2021 I 2,64,000 1,44,000 97,000
October 12, 2021 II 2,64,000 1,44,000 97,000
February 15, 2022 III 2,64,000 1,44,000 97,000
June 01, 2022 IV 2,64,000 1,44,000 97,000
October 11, 2022 V 2,68,000 1,45,000 99,000
TOTAL 14,04,000 8,01,000 5,67,000

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

Laptops: The candidates are required to get their own laptops when reporting
at the campus.
Hostel facility is available at IBS Hyderabad and IBS Jaipur only. 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 ` 10,000 – ` 15,000
per month.
The Accommodation and Mess charges have to be borne by the students.

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Address for
Correspondence
Candidates are required to address all their correspondence to:
Admissions Officer,
ICFAI Business School (IBS) Admissions Office,
Plot No. 65, Nagarjuna Hills, Punjagutta, Hyderabad - 500 082,
Telangana State, 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: ibsat@ibsindia.org
Correspondence sent to any other official at any other address will not elicit any response.

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Financing your
Education
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. The interest rates are subject to change.
Private Banks/ Financial Institutions
IBS has entered into an MOU (Memorandum of Understanding) with Eduvanz
Financing Pvt. Ltd., Avanse Financial Services, and Auxilo Finserve Pvt. Ltd. for
providing educational loans to IBS students. HDFC Bank, Axis Bank & ICICI Bank
also offers education loans to IBS Students.
Public Sector Banks
State Bank of India, Punjab National Bank, Bank of Baroda, Canara Bank, Central
Bank of India, Bank of India, Bank of Maharashtra, UCO Bank and Indian Bank.
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 accepts 1st instalment of Program fee in partial
payments by way of one Demand Draft and three cheques in equally distributed
amounts. IBS students may utilize this facility until the sanction of bank loan. The
details will be provided in the Selection Letter.

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

Estimated Expenditure Sources of Funds

Details Amount (`) Details Amount (`)
Total Fee 14,04,000 Bank loan up to 10,00,000
Other expenses for two years (Living 3,00,000 Family Contribution up to 7,04,000
expenses, books & stationery) –
Estimated
Total Estimated Expenditure 17,04,000 Total Sources of Funds 17,04,000
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 queries
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: finaidcell@ibsindia.org

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EDUCATIONAL Loans
Avanse Financial Services
www.avanse.com
Eligibility
Students admitted to ICFAI Business School for full time MBA/
PGPM Programs
Maximum Loan Amount: `20 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 10.50% to 11.25% unsecured
Processing Fee: ` 5000/- + taxes
Insurance: Is mandatory for all unsecured loans and suggested for
secured loans.
Collateral Security: Unsecured: No Collateral Security
Secured: Fixed Deposit/House/Flat
Co-Borrower/Co- Applicants: Parents/Siblings/Spouse
Co-Borrower Locations: Avanse Location Policy
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. Gopal Krishna
Appalaneni on +91- 7660893395 Mr. Venkata Rao Pallanti on
91- 81424 00094 or Email: VenkataRao.Pallanti@avanse.com and
OR e-mail: gopal.appalaneni@avanse.com
** Terms and conditions apply, final sanction & disbursement at the
sole discretion of Avanse.
Dear Student,
Congratulations on being selected at one of
India’s premiere B-Schools – IBS Business
School. IBS offers innovative and globally
accepted programs and great opportunities
for all-round development.
Avanse Financial Services Limited is a new-
age, education focused NBFC on a mission
to provide seamless and affordable education
financing for every deserving Indian student.
With its flexible and tailored financial
solutions, Avanse addresses the higher
education needs of Indian youth, enabling
them to ‘Aspire without Boundaries’.
Avanse has helped fulfill education dreams
of over 1,00,000 academic aspirants in 50+
countries including India, US, UK, Canada,
Australia, Germany and others.
Avanse, in partnership with IBS, offers 100%
education finance covering the holistic cost
of education and helping you get services at
your doorstep.
Avanse Loan Features:
- Unsecured Loan up to `18 Lacs
- Attractive Interest rates
- Flexible Repayment Options – PSI
(starting at Rs. 999), EMI, and SI
- Maximum Loan Tenure of 10 years
For more information, kindly visit our website
www.avanse.com
Alternatively, you can reach us on
1800-266-9722.
Wishing you the very best in your journey to
achieve your ambitions.
Warm Regards,
Rajesh Kachave
Business Head – Education Loans,
Avanse Financial Services Ltd.

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EDUCATIONAL Loans
HDFC Credila Financial Dear Students,

Services Ltd. Greetings!!!

IBS now joins hands with HDFC Credila
- India’s first dedicated Education
Eligibility Loan Company and offers you a
‘Pre-approved* Education Loan’!
Students admitted for all Post Graduate Management
Programs offered at all IBS campuses across India. That’s true! HDFC Credila has identified
certain MBA institutes for an exclusive Education Loan offer
Loan Amount and IBS is one of them. As a prospective student of IBS you are
eligible for this “unique pre-approved loan program.”
Up to 18.50 Lakhs (Unsecured/Secured options
available) HDFC CREDILA’s unique pre-approved loan program* helps
you avail an education loan in a quick and hassle freeway. To
Margin avail of this pre-approved loan all you need to do is apply to
us with KYC and other financial documents of your parents
NIL for processing and collect your loan sanction from us! HDFC
Acceptable security/Collateral CREDILA’s loan also covers the initial admission fee payment
that needs to be paid at the time of GD-PI.
Immovable Property, Fixed Deposit.
What’s more, you can get HDFC Credila Education Loan at an
Rate of Interest attractive rate of interest besides additional benefits like:

Starts from 9.95 to 10.75 % Per annum (Floating • Avail Tax benefits under section 80-E and reduce your
effective** rate of interest up to 30%
rate)
• Empowers you to take your own financial
Repayment Period responsibilities and also build a good credit history

Up to 144 months. • An opportunity to preserve your family savings for

emergencies and get better returns by Investing.
Co-Borrower • Education Loan at your Door Step!
Father, Mother, Siblings. • No Margin Money required

Income Tax Benefit: • Repayment tenure up to 10 years (Easy EMIs)

Yes, possible under section 80E of Income Tax act.
Key Benefits:
• Loan covers 100% of the cost
• Co-borrower Flexibility – Multicity Co-Borrower
Accepted
• Education loan at your Door Step
• Repayment tenor up to 10 years
• Co-borrower flexibility
To make the most of this opportunity, apply even before
admission confirmation and fund your dreams of higher
education in India.
To apply, contact CREDILA‘s Dedicated Relationship Manager -
Mr. Goverdhan Reddy on 91-7799832111 & Raju Ittaveni on
7799890111 Or call our Toll free: 1800-209-3636
True Empowerment starts with CREDILA‘s Education Loan!
Wishing you all a fantastic future ahead.

• Preserve your family savings for emergencies and Hitesh Parashar

you may get better returns by investing.
• Empower you to take your own financial
responsibilities and also build a good credit history
National Sales Manager
HDFC Credila- An HDFC Ltd. Company
*Education Loan sanction as per HDFC CREDILA‘s credit
policy. Terms and conditions apply
** Effective rate is arrived at after employment tax benefits
U/S 80-E of the Income Tax Act, 1961

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EDUCATIONAL Loans
Eduvanz Financing Pvt.Ltd
Eligibility
Students admitted to ICFAI Business School for
full time MBA/PGPM Programs
Maximum Loan Amount: ` 8 – 15 Lakhs
Margin Money : NIL Dear Students,
Repayment Tenure : 60 Months Firstly, let me congratulate
Repayment Type: EMI you on being selected at
ICFAI Business School.
Rate of Interest: Dependent on borrower’s profile.
You are the future of our
Starting from 9% Fixed interest per annum. country. For this reason,
Moratorium Eduvanz has partnered
with IBS. We believe that students
Not offered currently.
should not worry about fees and simply
Processing Fee concentrate on building their future.
Starting from 0% Eduvanz Financing Pvt Ltd is a technology-
Expenses Covered led education finance company exclusively
Dependent on Eduvanz Credit Policy created for providing student-friendly
loans with flexible tenures & fast
Insurance
turnaround time.
Not offered currently
Eduvanz’s student-centric solutions and
Collateral Security customised loans have helped thousands
Unsecured: Yes of students achieve their dreams of
Secured: Not accepting currently higher studies. By helping students with
100% loan facility without any co-lateral
Co-Borrower/Co- Applicants Eduvanz makes sure that the students of
Parents / Siblings / Spouse / In-Laws. Dependent on borrowers’ IBS are always ready to give their 100% to
profile Eduvanz may request for a Co-Burrower / Co-Applicant. excel their careers.
Co-Borrower Locations For more information, kindly visit our
Covers the present list of locations. website www.eduvanz.com
Co-Borrower’s Occupation Alternatively, you can call us on
Salaried/SEP/SENP** 8070363636 or write to us on contact@
eduvanz.com
Pre-payment/Foreclosure Charges
Wishing you the very best to achieve your
Nil
ambitions.
Documents Required
Warm Regards,
KYC documents, ID Proof, Residential Proof & Financial Proof.
Relationship proof for co-borrower Varun Chopra
CEO
Contact: Mr. Satendra Singh, Zonal Head
Eduvanz Financing Pvt Ltd
Mobile: 812 750 7999 / 987 190 4849 / 809 000 1768 / 932 494 2261
OR Phone No.022 4973 3624, 8070363636. For more information
log on to www.eduvanz.com or write to Us: contact@eduvanz.com

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EDUCATIONAL Loans
Auxilo Finserve Private Ltd Dear Students and Parents,
The country’s growing economy
demands highly educated and qualified
youngsters. If financing your education
is your biggest obstacle, then look no
further as we at Auxilo are here to
bridge the economic gap by offering
Eligibility affordable and hassle-free education
Students admitted to ICFAI Business School for full time loans at the tip of your fingers, from
MBA/PGPM Programs the comfort of your home.
What sets us apart is the unique pre-admission
Maximum Loan Amount
education loan sanction that takes care of the ‘proof of
Upto Total Cost of Education funds’ dilemma for every student at the University or
Margin Money visa level. Our 24x7 online loan process facility helps
you get a head start with the process from anywhere at
NIL
any time. Our loans cover studying in India and abroad
One Time Processing Fee for students and working executives with a special
INR 5000+Taxes as Applicable section of privilege loans for children of Indian Defence
Force.
Repayment Tenure
Despite the fact that a number of scholarships and
Maximum Up to 10 Years
educational loans are available for students, then why
Repayment Type should you prefer education loan services offered by
1) Immediate EMI will start post disbursement Auxilo? Get answers to all your concerns by reading
further.
2) Simple Interest during moratorium period (Course Reasons for which Auxilo becomes your one-stop
duration + 6 months grace then the EMI will start)
destination for funding your aspirations:
3) Partial Simple Interest (IBS Hyderabad Campus Only) • Provides 100% financing without any margin
money requirement
Rate of Interest • Customized loans to suit your unique needs
Starts from 13% (Floating Rates) • Sanctions in record time with 24-hour online
application process
Moratorium
• Competitive interest rates
Course Period + 12 Months, Principal Moratorium • Score based benefits to match your potential
Insurance • Flexible repayment designs
• Multiple co-applicant facility for higher loan
Mandatory (Included in Loan Amount)
eligibility
Collateral Requirement: (Please fill this according • Pre-admission loan sanctions and pre-visa
to the product) disbursement
Secured | Unsecured • Transparent processing making it the space you
Unsecured Loan Up to 18 Lakhs (*T&C Applied) trust
Security Accepted: Residential Property (if applicable) So, what are you waiting for? Don’t just let your time
flow in search of the best possible way to finance your
Co-Borrower/Co- Applicants education. Put an end to your wait and contact us to
Parents, Siblings, Spouse, Parents in Law set the ball of a promising future rolling. Visit us at
auxilo.com or contact us at 080-43694379 to begin the
Location: Hyderabad, Chennai, Banaglore, Pune, Mumbai,
Delhi, Ahmedabad. conversation about your dreams.
Give wings to your dreams with 100% funding to study
Documents Required abroad. At Auxilo we provide you an insight to grab
As per Companies Policy golden opportunities.
Best Compliments,
Contact Point
Neeraj Saxena,
Mr. Kalyan Chakravarthi - 9160421122 CEO

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 EDUCATIONAL Loans
HDFC Bank Ltd.
Eligibility Documents required

Students admitted for 2 year Post Graduate • Completely filled and signed education loan application
Program in Management/MBA Program, in IBS form (applicant & co applicant)
at various campuses in India. • One photograph – Self attested on the application form
Age Criteria (applicant & co applicant)

16 to 35 years • Self attested photocopy of admission offer letter with fees

schedule / details (applicant)
Rate of Interest
• KYC documents of the applicant & co applicant(s)
Starts from 9.95% (Principal Moratorium –
Interest to be serviced during Moratorium • Residence Proof (applicant & co applicant)
period.) • Income documents: Latest 3 months salary along with
latest Form 16 for salaried co applicant(s) / latest 3 years
Margin IT returns for self employed co applicant(s)
Nil – up to ` 4.00 lacs • 6 months updated bank account statement (co applicant)
5% for loans above ` 4.00 lacs. • Academic records: Self attested photo copies of mark
Security sheets of 10th, 12th, Graduation, up to latest qualification
along with degree certificates up to latest qualifications.
No Security up to ` 7.50 lac of loan. For more
• Education loan cover – Credit Protect insurance form –
than ` 7.50 lakhs, Security must be in the form
duly signed
of Residential Property / Fixed Deposit with
HDFC Bank. Credit at the sole discretion of HDFC Bank Ltd. The above list of
documents is tentative. Additional documents may be required on a
Processing Charges case to case basis.
- NIL - write to us on eduloan@hdfcbank.com.
Co-borrower Students may visit the nearest HDFC Bank branch for their Education
loan enquiry.
Parent / Guardian / Spouse

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EDUCATIONAL Loans
AXIS Bank ICICI Bank Ltd
Axis Study Power Education Loan Advantages • 100% Tax Benefit for Interest paid under Section
• No Processing Fees 80E addition to 80C limit.
• Principle Moratorium available • Quick and easy process for timely disbursement of
• No Prepayment Charges loans
• Repayment Tenure as Long as 15 Years • Access to around 5000 ICICI Bank Branches
• 100% Tax Benefit for interest paid under Sec (80E) • Saving Bank Account for your Banking Experience as
student
Eligibility
Student should be an Indian National & have secured Eligibility
admission to IBS campuses for 2 year full-time
Student should be an Indian and have secured admission
postgraduate program. to IBS Campuses for 2 year full time Post Graduate
Rate of Interest: 11.60% (floating rate linked to Repo Program.
rates) Maximum Loan Amount
Loan Amount Up to 20 Lakhs
Minimum Loan Amount ` 50,000 and Maximum
Loan Amount of ` 75 Lakhs or 95% of the total cost Margin Money
whichever is lower NIL
Margin: 5% One Time Processing Fee
Processing Fee: Nil 1% of loan sanction
Prepayment Charges: Nil Repayment Tenure
Pre Closure Penalty: Nil Maximum Up to 8-10 Years*
Repayment Type
Repayment Type
Interest servicing during the course EMI/ Simple Interest
Moratorium Period Rate of Interest
Course period plus maximum of 6 months (optional) Starts from 10.75%
Repayment Tenure Moratorium
Maximum 180 Months / 15 years
Simple Interest
Loan Disbursement Collateral Requirement:
To the Institute (IBS)
No Collaterals Required
Co applicant
Co-Borrower
Applicable as per Axis Bank norms.
Co-borrower relationships accepted – Father/Mother/
Insurance Spouse/Siblings/Parents in Law
Max Life Insurance: Insurance premium would be added
Co-Borrower Locations accepted
to the education loan and funded by Axis Bank.
As per the ICICI Banks Listed Locations
Unsecured Loan Amount
Unsecured Loan Amount as per Axis Bank norms Security
No security or Collateral required from IBS Students
Security
Collateral security applicable as per Axis Bank norms Pre-payment & Pre-closure Charges
for loan above 25 lakhs Nil
Axis Bank: Contact Point
Mr. Lakshmi Kanth Samaya # 8297133888 OR Toll-free: Mr. Jayanth, Relationship Manager Mobile No.7416281391 or
1800-258-7171 visit: www.icicibank.com or Apply
Email id: lakshmikanth.samaya@axisbank.com online:https://www.icicibank.com/Personal-Banking/loans/
Approval, Sanction and Disbursement Subject to Banks education-loan/education-loan.page
internal policy checks, process and eligibility.
*T&C Apply. Note: Information concerning any of the above loan
conditions are subject to change. All loan sanctions are subject to
bank internal policy from time to time.

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EDUCATIONAL Loans
State Bank of India
Student 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 ` 7.5 lakhs: 9.30%
Above ` 7.5 lakhs: 9.30%
(concession 0.50%in Interest for girl students)
Margin
Up to `4 lakhs: Nil
Above `4.0 lakhs: 5% for study in India (95% funding)
Security
Up to ` 7.5 Lakhs: Nil
` 4 lakhs - ` 7.5 lakhs: Only Parent/Gaurdian as co-
borrower No collateral or third party collateral
security or 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
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.
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Punjab National Bank
Student 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 the following
ceilings:
Studies in India: Maximum `10 lakhs
Rate of Interest
Upto ` 7.5 lakhs: 8.80%
Above ` 7.5 lakhs: 9.55%
Margin
Upto ` 4 lakhs: Nil
Above ` 4 lakhs: 5% (Studies in India)
Security
Upto ` 7.5 lakhs: Parent (s)/guardian as a joint
borrower/s. No tangible security and or third party
guarantee is required.
Above ` 7. 5 lakhs : Tangible collateral security for
full value of the loan along with assignment of future
income of the students for payment of installments.
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.
EDUCATIONAL Loans
Bank of Baroda Canara Bank
Student Eligibility
Student Eligibility
Should be a resident of India. Secured admission
Should be an Indian national. Should have secured
through Entrance Test/ Merit based selection process.
admission in management courses in an Indian
Loan Amount University through entrance test/ selection process.
Need based subject to repayment capacity of parent/ Loan Amount
student, based or the expected income to be generated
after completion of the course. Need based finance

Studies in India: Maximum ` 10 Lakhs Rate of Interest

Rate of Interest Upto ` 7.5 lakhs: 9%
Upto ` 10 lakhs: 6.85% to 8.85% Above ` 7.5 lakhs: 8.5%.
1% concession for girl students. Simple interest at Margin
monthly rests during the repayment holiday period.
1% concession is provided if interest debited during up to 4 lakhs-Nil
repayment holiday is serviced. Penal Interest @2% p.a. Above ` 4 lakhs: 5.00%.
on overdue amount, if the loan exceeds ` 4.00 lakhs. Rate of Interest is linked to RLRR and subject change
Margin from time to time
Upto ` 4 lakhs - Nil Security
Above ` 4 lakhs: 5%. Margin is to be contributed Upto ` 7.5 lakhs: No security loan in the joint names
on pro rata basis on year to year basis as and when of student & parent assignment of future income of
disbursement are availed. the student.
Security
Above ` 7.5 lakhs - ` 10 lakhs: Collateral Security to
Upto ` 4 lakhs - Nil the extent of 100%.
` 4 lakhs - ` 7.5 lakhs - Collateral in the form of a Repayment
suitable third party/ guarantee along with assignment
Repayment starts one year after completion of course
of future income.
or six months after getting employment whichever is
Above ` 7.5 lakhs - Tangible Security equal to 100% earlier. Simple interest calculated during the repayment
loan amount along with assignment of future income. holiday will be added to principal and EMI is calculated.
Repayment Upto ` 7.5 lakhs - 10 years
Repayment holiday - course period + 1 year or 6 months Above ` 7.5 lakhs - 15 years
after getting job, whichever is earlier
Documents Required
Upto ` 7.5 Lakhs- Repayble in 120 maximum
Copies of certificates with regard to educational
Installments
qualifications, admission letter, quotation from college
Above ` 7.5 Lakhs- Repayble in 180 maximum authority stating coverage of expenses, income proof
Installments of parent.
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.

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EDUCATIONAL Loans
Central Bank of India
Student Eligibility
` 4 lakhs to 7. 5 lakhs: Co-obligation of the parents with
Should be an Indian national. Should have secured collateral security in the form of suitable third party
admission into management courses in an Indian
University through entrance test/ selection process. guarantee along with the assignment of future income of
the students for payment of intstallments.
Loan Amount
Need based finance, subject to the repaying capacity Above ` 7.5 lakhs: Co-obligation of the parents/guardians
of the parents/students with margin and amount of with tangible collateral security in the form of suitable
the loan as specified by the bank. value.
Studies in India: Maximum ` 10 lakhs Repayment
Rate of Interest
Repayment Moratorium: Course period plus 12 months
For Male Students: 9.00% or 6 months after getting a job whichever is earlier
For Female Students: 8.50% as prescribed by the bank. The loan is to be repaid in
Margin 15 years after commencement of repayment.
Upto ` 4 lakhs : Nil Documents Required
Above ` 4 lakhs : 5% for study in India Marksheet of last qualifying examination, copies of letter
Security conferring scholarship, proof of admission, schedule
of expenses, bank account statement for the last six
Upto ` 4 lakhs : Nil
months, address proof, income proof, etc.

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EDUCATIONAL Loans
Bank of India
Student 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: 8.55%.
Above ` 7.5 lakhs: 9.35% p.a.
(For girl students: Int.concession of 0.5% pa for limits
upto ` 50000 and 1% for limits over ` 50000)
Margin
Upto ` 4 lakhs: Nil
Above ` 4 lakhs: Studies In India - 5%; Studies in
Abroad - 15%
Security
Upto ` 7.5 lakhs. Parents or guardians to be joint
borrowers. No collateral securrity or 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 Maharashtra
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 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:
Studies in India: Maximum ` 10 lakhs
Rate of Interest
Upto ` 7.5 lakhs:9.05%
Above ` 7.5 lakhs:8.70%
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
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.
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EDUCATIONAL Loans
UCO Bank
Student 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
Need based finance subject to repaying capacity of
parents / students with following ceilings:
Studies in India: Maximum ` 10 lakhs
Rate of Interest
Upto ` 7.5 lakhs: 9.55%
Above ` 7.5 lakhs: 9.95%
Margin
Upto ` 4 lakhs: Nil
Above ` 4 lakhs: Studies in India - 5%
Studies Abroad - 15%
Security
Upto ` 7.5 lakhs - Co-obligation of Parents. No
security or third party guarantee is required.
Above ` 7.5 lakhs-Co-obligation of Parents.
Tangible security equivalant 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
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.
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Indian Bank
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.
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 ` 7.5 Lakhs: 10.65%
Above ` 7.5 Lakhs: 10.60
(0.50% concession 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
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.
EDUCATIONAL Loans

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 IBS Admissions Office
Ground 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

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