Punjab Bank is providing loans for the students of Asia Pacific Institute of Management
ASIM has a tie up for sale of Prospectus & Education Loan Facility with enlisted PNB Branches.
Loan facility available from across India (PNB Tollfree No.- 1800 180 2222)
(As per information available to them)
Eligibility :
All aspiring candidates must be graduates in any stream with at least 50% marks in aggregate from any Indian University
Purpose :
For pursuing higher education in Management.
Interest :
11.25% (may change) p.a. The interest will be simple during the period of course and debited according to the outstanding liability.
Security :
Personal guarantee of guardian or a well-reputed person having good source of income. If the loan amount exceeds Rs. 4 lacs additional collateral security such as house/landed property, NSCS, life Insurance policies, banks fixed deposits, etc., is required.
Repayment :
The loan would be repaid in 60 monthly installments. Installments would commence after 6 months of completion of course or getting employment, which ever is earlier.
Terms & Condition
The following conditions are to be complied with:
b) Fee Structure
c) Copies of testimonials
d) Income proof of guarantor, viz, parents/Any other person
e) Details of collateral securities, if any.
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