0135 2699166 admissions@dbs.org.in

We at Doon Business School understand that higher education is a high investment proposition. In our endeavor to facilitate students who might require bank loans to finance their academic requirements at the Institute, Doon Business School has tied up with multiple financial bodies to help students avail education loans easily from a number of banks and NBFCs. The education loans for the students of Doon Business School are offered based on the credit history of the co-applicant and academic performance of the applicant.

Tie up with Credenc

Doon Business School has tied up with Credenc to help students avail education loans easily from a number of banks and NBFCs.

Benefits

  • Easy availability of education loans for a number of courses
  • Low interest rates with a repayment period ranging from 5 to 15 years
  • Education, living and other expenses covered
  • Moratorium period ranging from 6 months to a year
  • Income Tax Benefits
  • Click Here For more details about the tie up with Credenc: https://www.credenc.com/financial-aid-doon-bs

    Click Here for General Guidelines for applying for loans from HDFC Credila and other similar schemes: http://www.hdfccredila.com/apply-for-loan.html

    Applicants seeking to avail Education loans via the Vidyalakshmi Scheme, Click Here and follow the instructions: https://www.vidyalakshmi.co.in/Students/

    Click on the Following links for Assistance in Educational Loans from Different Public and Private Banks:

    Expenses considered for Loan:

    • Fee payable to college/Hostel
    • Examination/Library/Laboratory Fee
    • Caution deposit, building fund/refundable deposit supported by Institution Bills
    • Purchase of Books and uniforms
    • Purchase of computer/laptop at reasonable cost
    • Any other expense required for completion of the course – Study tours, project work, thesis etc.

    Security required

    Upto Rs. 4 lakhs No Security. Parents to be co-borrowers
    Above Rs. 4 lakhs upto Rs. 7.50 lakhs Third party guarantee (other than parents) of a person with suitable means
    Above Rs. 7.50 lakhs Suitable collateral security

    Documents to be kept ready by the Students for submission to Bank for Education Loan:

    1. Proof of identity -any one of the following (for student and Co-Borrowers):
      1. Passport
      2. Voter ID card
      3. Driving license
      4. PAN card
    2. IT returns of the last 2 years and computation of income of last 2 years certified by a Chartered Accountant (for co-borrowers)
    3. Proof of residence - any one of the following (for student and Co-Borrowers):
      1. Bank account statement
      2. Latest electricity bill
      3. Latest mobile / telephone bill
      4. Existing house lease agreement
      5. Bank Statement / Pass Book of last 6 months
    4. At least 3 latest photographs of Student and the co-borrower
    5. Copy of admission letter of the Institute along with fees schedule
    6. Mark sheets / passing certificates of S.S.C., H.S.C, Degree courses
    7. Documents required for first disbursement
      1. Demand letter from college or university
      2. Loan agreement signed by applicant, co-applicants
      3. Sanction letter signed by applicant, co-applicants
      4. Disbursement request form signed by applicant, co-applicants
      5. Receipts of margin money paid to the college / university along with bank statement reflecting the transaction
      6. Documents for collateral security (if applicable)
    8. Documents required for subsequent disbursement
      1. Demand letter from college or university
      2. Disbursement request form signed by applicant, co-applicants
      3. Receipts of margin money paid to the college / university along with bank statement reflecting the transaction
      4. Exam progress report, marksheet, bonafide certificate

    For any other assistance on loans the applicant may text to Prof. Kumar Arijit at 9897012434

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