Following are few of the Education Loan Schemes
that can be offered to AMITY students seeking admission for our
courses:
Bank of Baroda ABN AMRO Quantum of Finance In India
Abroad
7.50 lacs, 15.00 lacs, 3.00 lacs, 3.00 lacs Extent of Financing
Upto Rs. 4.00 lacs
UTI-STUDY POWER SCHEME
Above Rs. 4.00 lacs
95% (For India)
85% (For Overseas)
100%Security
Upto Rs. 4.00 lacs loan
Above Rs. 4.00 lacs
No Security
100% Collateral in form of property/shares etc
No Security
Rate of Interest
Upto Rs. 4.00 lacs loan
Above Rs. 4.00 lacs
PLR (Currently 11.5% p.a)
PLR+1 (i.e 12.5% p.a)
18.5%
to 21.5% p.aRepayment HolidayCourse period + 1 year or 6 months
after getting job, whichever is earlierNo holidayTenure of loan
5 years after above holiday4 years (for self employed students
3 years)Processing chargesNil2%Payment of interestSimple Interest
to be paid during repayment holiday period on quarterly basis
& get 1% concession on interest rate
OR
Accrued interest during holiday period to be paid in Equated Monthly
InstalmentsIs included in the Equated Monthly Instalments. The
students should understand that all loans are at the sole discretion
of the Banks depending on their credit policies and due verifications.
The following branches can be approached depending on the proximity
to the students for the above schemes:
Bank of Baroda
A-8, Shopping -cum-Office Complex, Defence Colony, New Delhi
- 110 024.
Ph. 4617095 / 4626554 / 4622063
Contact Person: Mr. V.B. Katoria, Chief Manager
Vikram Tower, 16, Rajendra Place, New Delhi - 110 008.
Ph: 5766920 / 5743379
Contact Person : Mr. J.P. Srivastav, Sr. Branch Manager
Ganga Shopping Complex, Sector 29, Noida
Ph: 4450229
Contact Person: Mr. R.K. Gupta, Manager
ABN AMRO Bank
Call Tele Sales Cell at 370 2666
In case any further help is required students may send a mail
to - aashishbindra@akcgroup.com