ICFAI Business School

Selection Process

Selection Process @ IBS

ICFAI Business School (IBS) Selection Process is conducted at IBS Hyderabad Campus for the
shortlisted based on IBSAT 2023/GMAT/CAT 2023/ NMAT by GMACTM scores.

The Selection Process is conducted for:

MBA program offered at IBS Hyderabad, IBS Bangalore, IBS Dehradun and IBS Jaipur.

Post Graduate Program in Management offered at IBS Ahmedabad, 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

3
WELCOM
4
 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.

Candidates from across India and from very diverse backgrounds

attend the highly competitive Selection Process conducted at IBS
Hyderabad campus.

ME
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 Group Discussion/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

5 5
 This booklet covers the following aspects of

SELECTION PROCESS

1
PAGE 9
2
PAGE 10

Arrival Accommodation
at Hyderabad at Hyderabad

3
PAGE 10
4
PAGE 11

How to reach the Selection Process

Venue for Selection Process Schedule

5
PAGE 12
6
PAGE 12

Registration for the Selection Process

Selection Process

6
 7
PAGE 14
8
PAGE 15

Eligibility Program
Criteria Registration

9
PAGE 15
10
PAGE 16

Assistantships Fee
Schedule

11
PAGE 16
12
PAGE 17

Address for Finance your

Correspondence Education

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8
 ICFAI Business School
Selection Process

1 Arrival at
Hyderabad
Hyderabad is well connected by flights, trains and buses. Candidates travelling by flight will
alight at Rajiv Gandhi International Airport (RGIA), Shamshabad, Hyderabad. The distance from
Airport (Shamshabad) to ICFAI Business School (IBS) Hyderabad Campus is approximately 40
kms.

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

Secunderabad: Distance to IBS Campus is approximately 40 kms.

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

Kachiguda: Distance to IBS Campus is approximately 40 kms.

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

Jubilee Bus Station, Secunderabad: Distance to IBS Campus is approximately 40 kms.

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.

9
 Accommodation
2 at Hyderabad
ICFAI Business School (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.

How to reach the Venue for

3 Selection Process
The venue for Selection Process (SP) 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 allotted 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
IBS Hyderabad Campus, Donthanapally,
Shankarpalli Road, Hyderabad on payment of `
`800 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 8th February 2024.
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 6.00 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 the return journey will start from campus from 2.30 p.m. onwards.
Only candidates with a scheduled Selection Process on that day who have confirmed and paid the
bus charges online, will be permitted to use the bus service.
Candidates are required to carry the Selection Process Call Letter, a Photo ID and the bus coupon
(issued online) to use the transport facility.

10
 ICFAI Business School
Selection Process

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 Metro Showroom at
Punjagutta on the main road by the side
of ICICI Bank and reach Bus pick-up point,
Plot No: 65, Nagarjuna Hills, Punjagutta,
Hyderabad.

Own/ Hired Transport: Those who wish to reach ICFAI Business School (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
Bank Stalls for Education Loan.

Schedule
4 Selection Process

Activity Activity

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

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 Registration
5 for the Selection Process
All candidates are required to register for
the Selection Process between 7.00 a.m. to
8.30 a.m. only, at ICFAI Business School (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 Photocopies of mark 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 provide complete and accurate information about themselves as all the details
provided are thoroughly 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 photocopies 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 till they leave the campus.

6 Selection Process
The Selection Process consists of a 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.

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 ICFAI Business School
Selection Process

Depending on the individual contribution the attributes of the candidates are assessed on various
parameters like expression, initiative, communication, analytical skills and behavior in the 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 & 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 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.

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 2024. 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 15, 2024. 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 20, 2024 will be
considered for waitlisted allotments.
The waitlisted allotments will be done from March 21, 2024 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.

7 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 15, 2024.

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 15, 2024.

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 December 01, 2024. 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, 2024 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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 ICFAI Business School
Selection Process

8 Program Registration
Regular Classes will commence on 15 May 2024 at all IBS Campuses.
All the selected candidates are mandatorily required to report at the allotted campus on May 15, 2024
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.

9 Assistantships
ICFAI Business School (IBS) offers Assistantships to a limited number of students who are in need of
financial support to meet part of their expenditure during the program.

Digital Marketing Assistantships

IBS offers Digital Marketing Assistantships for a period of 6 months. `. 6000 per month will be offered
as stipend.

Students who have flair for digital and social media will be offered Digital Marketing Assistantships to
carry out visual branding, promote online marketing, writing blogs on Face Book, Twitter and other
social media platforms which would help showcasing the Student Activities of IBS campuses.

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 10 Fee Schedule
IBS Ahmedabad
IBS Gurgaon
IBS IBS IBS Dehradun
Due Date Installment IBS Kolkata
Hyderabad Bangalore IBS Jaipur
IBS Mumbai
IBS Pune
March 15, 2024 Admission Fee 80,000 80,000 80,000 80,000

May 15, 2024 I 3,04,400 2,25,200 1,65,800 1.04.600

October 14,2024 II 3,04,400 2,25,200 1,65,800 1.04.600

February 17, 2025 III 3,04,400 2,25,200 1,65,800 1.04.600

June 02, 2025 IV 3,04,400 2,25,200 1,65,800 1.04.600

October 13, 2025 V 3,04,400 2,25,200 1,65,800 1.04.600

TOTAL 16,02,000 12,06,000 9,09,000 6,03,000

*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.

Address
11 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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16
 Finance
12 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 postgraduation
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 provided for information and
subject to change.
Private Banks/ Financial Institutions
IBS has tied up with HDFC Credila Financial
Services for providing education loans to IBS
Students. IDFC First 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, also offers education loans to IBS
Students (details given on subsequent pages).
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 the 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 their bank
loan. The details will be provided in the Selection
Letter.
17
17
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
` 16.02 lakhs and sources of funds available for financing postgraduation education.

Estimated Expenditure Sources of Funds

Details Amount (`) Details Amount (`)
Total Fee 16,02,000 Bank loan up to 17,00,000
Other expenses for
two years (Living expenses,
3,00,000 Family Contribution upto 2,02,000
books & stationary) –
Estimated

Total Estimated Expenditure 19,02,000 Total Sources of Funds 19,02,000

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

18
 ICFAI Business School
Selection Process

BANK LOANS

19
BANK LOANS

Dear Students,
Greetings!!!
HDFC Credila IBS now joins hands with HDFC Credila - India’s
first dedicated Education Loan Company and
Financial Services Ltd. offers you a ‘Pre-approved* Education Loan’!
That’s true! HDFC Credila has identified certain
Eligibility : Post Graduate Management MBA institutes for an exclusive Education Loan
Programs offered at all IBS offer and IBS is one of them. As a prospective
student of IBS you are eligible for this “unique
campuses across India.
pre-approved loan program.”
HDFC CREDILA’s unique pre-approved loan
Loan Amount : Up to 100% cost of education
program* helps you avail an education loan in
a quick and hassle freeway. To avail of this pre-
approved loan all you need to do is apply to us
Margin : NIL with KYC and other financial documents of your
Collateral/security : Not Mandatory Unsecured loan parents for processing and collect your loan
up to ` 40 lakhs sanction from us! HDFC CREDILA’s loan also
covers the initial admission fee payment that
Rate of Interest : 10.5% * P.a onwards needs to be paid at the time of GD-PI.
What’s more, you can get HDFC Credila Education
Repayment Period : Up to 15 years
Loan at an attractive rate of interest besides
Co-Borrower : Immediate Family additional benefits like:
• Avail Tax benefits under section 80-E and
Pre Payment Allowed Yes as per existing policy
reduce your effective** rate of interest up to
Income Tax Benefi : Yes, possible under section 80E of 30%
Income Tax act, 1961. • Empowers you to take your own financial
responsibilities and also build a good credit
history
* T & C apply. Final interest is dependent upon the campus opted
for. The Education loan facility provided by HDFC Credia (“The • An opportunity to preserve your family savings
for emergencies and get better returns by
Company”) will be at the sole discretion of the company and within
Investing.
the company’s prescribed credit and underwriting norms/guidelines
prevailing at the time of processing and disbursing the education • Education Loan at your Door Step!

loan. • No Margin Money required

• Repayment tenure up to 10 years (Easy EMIs)
• 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 & Mr Prasad Jalapu +91-96079
99148 & Mr Abhishek Tenka +91-96079 99190 Or
call our Toll free: 1800-209-3636
True Empowerment starts with CREDILA‘s
Education Loan!
Wishing you all a fantastic future ahead.
Hitesh Parashar
Business Head
HDFC Credila- An HDFC Ltd. Company

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 BANK LOANS
IDFC First bank Dear Student,
We are extending warm wishes to all
UNIQUE FEATURES the students selected for ICFAI Business
School for the upcoming academic year.
l Unsecured Loans of Up to Rs. 30 Lakhs
IDFC First Bank is one of the fastest
l Faster Approvals growing Banks in the country and
l Up to 100% Finanacing (with Living Expenses) is known for its customer’s friendly
products and processes.
l Income Tax Benefits Under Section 80E We are pleased to inform that IDFC First
l Widest Range of Pre-Approved Courses Bank started Education loans for the
students who are studying in India.
l Personalized Loan Solutions
The thought process for Education
l Attractive & Competitive Interest Rates loans is also similar where apart from
managing the financial hurdle for
the right student, we want to make a
Eligibility : Indian National positive impact on the student’s life.
Campus name : Hyderabad, Mumbai, Ahmedabad,
Bangalore, Dehradun, Gurgaon, With Warm Regards,
Jaipur, Kolkata, Pune Dhaval Patel
Business Head – Education Loans,
Course Name : Students admitted to ICFAI
Business School (IBS) for full-time IDFC First Bank
MBA/PGPM Programs
Maximum Loan : As per eligibility* Contact:
Amount Mr Jayesh Shembavanekar
9833349181,
Rate of Interest : 9% onwards* Jayesh.shembavankar@idfcfirstbank.com
Repayment Tenor Up to 144 months
Mr Bikramjit Mohapatra
Costs Covered : Tuition Fees and ancillary 9866236911
expenses* bikramjit.mohapatra@idfcfirstbank.com

Repayment Type : EMI / SI / PSI / Full Moratorium* Mr Hitesh Punjabi

Processing Fee : 5000+GST 9833377198
hitesh.punjabi@idfcfirstbank.com
Insurance Covered : Yes
* TnC- Approval, Sanction & Disbursement
Co-applicant : Yes and Repayment subject to Banks internal
Required policy checs process and eligibility.
Type of Loan : Unsecured
Foreclosure Charges : Nil

21
BANK LOANS
Entire interest paid on education loan qualify for
income tax deduction Under Section 80E.
TCS applicable on Education loan is only 0.50%.
EL cover course Tuition Fee, Travel Expenses,
Stay Expenses and all other related to Education
Purpose.
Savings can be invested and also keep them for
Family/medical emergencies.
Eligibility : Student should be an
Indian and have secured
admission to IBS Campuses
for 2year full time Post
Graduate Program in
management/MBA.
Maximum Loan : Up to ` 40 Lakhs
Amount
Margin Money : NIL
One Time : 0.5% +GST of Sanction
Processing Fee Loan Amount
Repayment Tenure : 10 Years after Moratorium
Repayment Type : EMI/ Simple Interest
Rate of Interest : Secured 9.85% /Unsecured
10.85%
Principal : Course period+ Six months
Moratorium Period
Collateral : No Collaterals Required
Requirement:
Co-Borrower : Co-borrower relationships
accepted – Father/Mother/
Spouse/Siblings/Parents
in Law
Co-Borrower : As per the ICICI Banks
Locations accepted Listed Locations
Security : House, Flat, Fix Deposit
and Existing Housing Loan
with ICICI Bank can be
cross collateral
Pre-payment & : Nil
Pre-closure Charges
Contact Point : Prabhu Chand
Renukuntla
Relationship Manager
9182827488 prabhuchand.
renukuntla@icicibank.com or
Sharath bajjuri, 9700900454
sharathbajjuri@icicibank.com
or visit: www.icicibank.com
22
Axis Study Power Education Loan Advantages
Collateral Free Loan
No Prepayment Charges /Fore closer charges
Repayment Tenure as Long as 15 Years with a very
low EMI
100% Tax Benefit for interest paid under Sec (80E)
Eligibility : Student should be an Indian National
& have secured admission to IBS
campuses for 2 year full-time MBA/
PGPM program.
Rate of Interest : 8.75% to(floating rate linked to
Repo rates)
Loan Amount : Maximum 95% of the course fees.
Margin : 5% Margin on loan amounts above
4 lakhs
Processing Fee : Applicable as per Bank Norms
Prepayment : Interest servicing during the
Charges course
Pre Closure Penality : Nil
Repayment Type : Interest servicing during the course
Moratorium Period : Course period plus maximum of 6
months (optional)
EMI Repayment : Maximum 180 Months / 15 years
Loan Disbursement : To the Institute (as mentioned on
the admission letter)
Co applicant : Applicable as per Axis Bank norms.
Insurance : Max Life Insurance: Bank.
Security : No collateral security applicable Required
for loan amounts upto 25 lakhs
Axis Bank : Mr. Lakshmi Kanth Samaya #
8297133888
lakshmikanth.samaya@axisbank.com or
# Mr. Neelam Srinivas
9704700006
neelam.srinivas@axisbank.com
You can also give missed call on 1800-
258-7171 to avail education loan and
our representative will get in touch with
you.
Approval, Sanction and Disbursement
Subject to Banks internal policy checks,
process and eligibility.

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 ` 30 lakhs
Rate of Interest : Up to ` 30 lakhs: 9.15% (Floating)
Margin : Up to ` 4 lakhs: Nil
Above ` 4.0 lakhs: 5% for study in
India (95% funding)
Security : Up to ` 30 lakhs
Only Parent/Guardian as co-
borrower No collateral or third
party collateral security or third
party Guarantee.
Above ` 30 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 : KYC of student and
Required : Co-Applicant,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.
BANK LOANS
Student Eligibility : Should be a resident of India. Secured
admission through Entrance Test/ Merit
based selection process.
Loan Amount : Need based subject to repayment
capacity of parent/student, based or
the expected income to be generated
after completion of the course.
Studies in India : Maximum ` 30 Lakhs
Rate of Interest : Up to ` 30 Lakhs 9.15% Per Annum.
Simple Intrest at monthly rests during
the repayment holiday period. Penal
Interest @2% p.a on overdue amount,
if the loan exceeds ` 4.00 lakhs
Margin : No Margin
Security : Upto ` 30 Lakhs no Security, above 30
Lakhs 100% tangable Security
Repayment : Repayment holiday - course period +
1 year or 6 months
after getting job, whichever is earlier
after commencement of repayment
Upto ` 7.5 Lakhs- Repayble in 120
maximum Installments
Above ` 7.5 Lakhs- Repayble in 180
maximum Installments
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 : Copies of certificates with regard
to educational qualifications,
Required
admission letter, quotation from
college authority stating coverage
of expenses, income proof of parent,
assets and liabilities statement of
parent/guarantor, if any.
Contact : MP Kiran Kumar, City Head
9292207262, hyderabadcheducationloan@bgss.in
23
BANK LOANS
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:
: Need based finance
Studies in India
Rate of Interest :
Upto ` 7.5 lakhs: 9.0%
Above ` 7.5 lakhs: 10.0%
: to time.
Margin Upto ` 4 lakhs: Nil
Above ` 4 lakhs: 5% (Studies in
India)
: 0.50% of the loan amount with
Security Upto ` 10 lakhs: Parent (s)/
guardian as a joint borrower/s.
No tangible security and or third
party guarantee is required.
Above ` 10 lakhs : Tangible
collateral security for full value of
the loan along with assignment of
future income of the students for
payment of installments.
: Repayment Holiday/Moratorium:
Repayment
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 : Copies of certificates with regard
Required to educational qualifications,
admission letter, quotation from
college authority stating coverage
of expenses, income proof of
parent.
* Subject to change periodically.
24
Student : Should be an Indian national.
Eligibility Should have secured admission in
management courses in an Indian
university through entrance test/
selection process.
Loan Amount : Need based finance
Rate of Interest : Up to ` 7.5 lakhs: 11.25%
Above ` 7.5 lakhs: 10.85%.
Rate of interest is linked to RLRR
and subject to change from time
Processing Loan Amount upto ` 7.50 Lakh-Nil
Charges Loan Amount above ` 7.50 Lakh-
minimum of ` 1000 and Maximum
of `10000/-
Margin : up to ` 4 lakhs-Nil
Above ` 4 lakhs: 5.00%.
Security : Upto ` 7.5 lakhs: No security loan in
the joint names of student & parent
assignment of future income of the
student.
Above ` 7.5 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 years
Above ` 7.5 lakhs - 15 years
Documents : Copies of certificates with regard
Required to educational qualifications,
admission letter, quotation from
college authority stating coverage of
expenses, income proof of parent.
 BANK LOANS

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 ` 20 lakhs

Rate of Interest : 10.10% for IBS Students

Margin : Upto ` 4 lakhs : Nil

Above ` 4 lakhs : 5% for study in India

Security : Upto ` 7.5 lakhs : Mandatorily to be covered under cent Vidyarthi NCGTC
Guarantee Scheme
Above ` 7.5 lakhs: Tangible collatral security of minimum realizable value equalant
to the loan amount

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 : Documents (both Borrower & Guarantor)

required for compliance of KYC. Marksheet of last qualifying examination, copies
of letter conferring scholarship, proof of admission, schedule of expenses, bank
account statement for the last six months income proof details of collateral
security (Above ` 7.5 Lakhs)etc.

25 25
BANK LOANS
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. ` 40 lakhs for studies in India.
Rate of Interest : Upto ` 7.5 Lakhs 10.95%. Above
` 7.5 Laksh -11.75%
Margin : Upto Rs.4 Lakhs: Nil, Above `. 4
lakhs studies in India -5%.
Security : Parents or Gaurdians to be Joint
borrowers. No Collateral security
for loan amount below ` 7.5
Lakhs.
Repayment : Course Period + 1 year or
6 months after getting Job
whichever is earlier. After
Commencement of repayment:
Repayment period 15years
Documents : Copies of certificates with regard
Required 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.
26
Student : The applicant should be an Indian
Eligibility 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
and applicable margins as per
bank norms.
Studies In India : No Maximum limit need based
finance
Rate of Interest : Upto ` 7.5 lakhs: 11.30%
Above ` 7.5 lakhs: 10.95%
Margin : Upto ` 4 lakhs: Nil
Above ` 4 lakhs: Studies in Indi a -
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 : 15 years
Loan amount above ` 7.5 lakhs: 15
years (excluding mortorium)
Documents : Copies of certificates with regard
Required 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.

Student : Student should be Indian national
Eligibility 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 ` 20 lakhs
Rate of Interest : Upto ` 7.5 lakhs: 11.70%
Above ` 7.5 lakhs: 12.10%
Margin : Upto `4 lakhs: Nil
Above ` 4 lakhs: Studies in India - 5%
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 : Copies of certificates with regard
Required: 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.
BANK LOANS
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 : Maximum ` 20 lakhs
Margin : Upto ` 4 lakhs: Nil. Above ` 4 lakhs:
Studies in India: 5%
Rate of Interest : For male students : 11.40%
For Female Students : 10.90%
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 : Copies of certificates with regard
Required 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.
27 27
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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