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    Sikkim Manipal University ICICI Bank EL Offer 1

    Uploaded by

    Lakhvir Singh
    This document provides details about an education loan product from ICICI Bank for courses at Manipal Group of Institutes. The loan amount ranges from Rs. 1 lakh to Rs. 50 lakh with no security required up to certain limits depending on the course category. Interest rates start from 8.5% for some courses and 10.5% for others. The repayment period is up to 12 years including a moratorium period during studies plus six months. Contact information for the regional heads is also provided.

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    Sikkim Manipal University ICICI Bank EL Offer 1

    Uploaded by

    Lakhvir Singh
    12 views1 page
    This document provides details about an education loan product from ICICI Bank for courses at Manipal Group of Institutes. The loan amount ranges from Rs. 1 lakh to Rs. 50 lakh with no security required up to certain limits depending on the course category. Interest rates start from 8.5% for some courses and 10.5% for others. The repayment period is up to 12 years including a moratorium period during studies plus six months. Contact information for the regional heads is also provided.

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    This document provides details about an education loan product from ICICI Bank for courses at Manipal Group of Institutes. The loan amount ranges from Rs. 1 lakh to Rs. 50 lakh with no security required up to certain limits depending on the course category. Interest rates start from 8.5% for some courses and 10.5% for others. The repayment period is up to 12 years including a moratorium period during studies plus six months. Contact information for the regional heads is also provided.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    12 views1 page

    Sikkim Manipal University ICICI Bank EL Offer 1

    Uploaded by

    Lakhvir Singh
    This document provides details about an education loan product from ICICI Bank for courses at Manipal Group of Institutes. The loan amount ranges from Rs. 1 lakh to Rs. 50 lakh with no security required up to certain limits depending on the course category. Interest rates start from 8.5% for some courses and 10.5% for others. The repayment period is up to 12 years including a moratorium period during studies plus six months. Contact information for the regional heads is also provided.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
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    Sikkim Manipal University

    No. Parameters Details


    1 Product code IND_UG/PG_S/US_A1A2OT(SPCL RATE)
    2 Name of The Educational Institute Manipal Group of Institutes

    3 Course Name/s Engineering, Management, Medical, Pharma, Others


    (Please refer Annexure of institutes on page 2)
    Category A1 & A2 courses – UG/PG Engineering, PG Medical, Management, MBA, UG Medical, Pharma
    Category others (A4) – Courses other than Engineering, Medical, MBA and Pharma
    4 Applicable For academic year 2022-2023
    5 Loan Amount Min ₹1 Lakh and Max Up to ₹ 50Lakh
    6 Unsecured loan amount Category A1 courses –No Security for Loan up to ₹ 40 Lakhs
    Category A2 courses –No Security for Loan up to ₹ 20 Lakhs
    Category others -No Security for Loan up to ₹ 7.50 Lakhs
    7 Rate of Interest* Category A1 and A2 courses – Starting from 8.50%
    Category others (A3 and A4) – Starting from 10.5%
    8 Processing fee 0.5% of loan sanction
    9 Margin No margin up to INR 20 Lakhs. Above 20 Lakhs, margin applicable as per category
    10 Repayment Type in Moratorium Simple Interest / EMI
    11 Repayment Period after Moratorium Max up to 12 years
    12 Moratorium period Course Period + Six Months
    13 Pre-payment Charges NIL
    14 Collateral/Security Collateral required above unsecured amount as per category
    15 Collateral/Security accepted Fixed Deposit –FD, House, Flat, Existing HL with ICICI Bank
    16 Insurance Available (Optional) ICICI Prudential/Lombard
    17 Disbursement frequency As per Institute requirement
    18 Co-borrower Relationships Accepted Father/Mother/Spouse/Brother/Sister/Parents in Law /Grand Parents
    Not Required if Applicant has more than 3 Years of Work Experience.
    Only Moratorium Interest FD
    19 Co-Borrower Locations Accepted As per the Bank’s Listed Location
    20 Pre-payment & Part payment Available
    21 Local Contact/s
    Sikkim Manipal University:
    Vasudha Shah- 8447782360 – RM Education Loan

    22 Alternate Contact/s (In case of the Regional Head Zone Mobile No. Email ID
    local contact not responding)
    Prabhash Singh North 932695278 [email protected]
    Gajendra Bisht North 8146608224 [email protected]
    Ashwin Kumar BM East 9985784567 [email protected]
    Rakesh Mistry West 9930064152 [email protected]
    Tamojit Rakshit West 8888857812 [email protected]
    Chandra Chittoori South 9972819746 [email protected]
    Balaji CS South 9941504900 [email protected]
    Please Note: *This is a special pricing rate and applicable till further notice.
    Information concerning any of the above rates of interest and other loan conditions are subject to change. All loan sanctions are subject to bank’s
    internal policy from time to time.

    Version1_ManipalIns._ validity 09032022_to_10803202

    For more information, please click below :


    Apply Now

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