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ORIENTAL BANK OF COMMERCE · 2019. 1. 29. · Subject: Education Loan scheme for students of FORE school of Management We are pleased to inform you that FORE has been placed among

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Page 1: ORIENTAL BANK OF COMMERCE · 2019. 1. 29. · Subject: Education Loan scheme for students of FORE school of Management We are pleased to inform you that FORE has been placed among
Page 2: ORIENTAL BANK OF COMMERCE · 2019. 1. 29. · Subject: Education Loan scheme for students of FORE school of Management We are pleased to inform you that FORE has been placed among
Page 3: ORIENTAL BANK OF COMMERCE · 2019. 1. 29. · Subject: Education Loan scheme for students of FORE school of Management We are pleased to inform you that FORE has been placed among

ORIENTAL BANK OF COMMERCE (A GOVT. OF INDIA UNDERTAKING)

Cluster Monitoring Office: Cluster Relationship Group_NCR New Delhi

Harsha Bhawan, E- Block, Connaught Place, New Delhi Tel:+91-11-49270920/34, e-mail – [email protected]

__________________________________________________________________________________

OBC/CRG/ 2017-18/ 17.04.2018

Sh. Bhuvan Chand

Manager Accounts

Fore School of Management

New-Delhi

Respected Sir/ Madam,

Subject: Education Loan scheme for students of FORE school of Management

We are pleased to inform you that FORE has been placed among our Top rated

institutions’ list of our bank for providing education loan. We are offering education loan

to your students on following terms:

Particulars Terms

Loan Limit Rs. 10.00 Lacs

Rate of Interest One Year MCLR +0.50% (Present MCLR-8.50%)

Margin Nil

Process Fee Nil

Collateral Security Nil

** In case higher loan limit is required, 100% tangible security with

value equivalent to full loan amount is required.

Primary Security Either parent/guardian may be co-obligant (irrespective of means

and age of student). In case of married person, co-obligator can

be either spouse or the either Parent/ either Parent-in-law.

Contact Person Sh. Sarwan Lal (8826007186)

For more details please contact nearest branch or apply online at

www.obcindia.co.in

Regards,

(K.S.Gill)

Asstt. General Manager

CMO CRG NCR

Mb.-9873277278

[email protected]

Page 4: ORIENTAL BANK OF COMMERCE · 2019. 1. 29. · Subject: Education Loan scheme for students of FORE school of Management We are pleased to inform you that FORE has been placed among

HDFC Credila Financial Services Pvt. Ltd.* Educa�on Loan sanc�on as per HDFC Credila's credit policy. Terms and condi�ons apply.

Dear Student,Congratula�ons on applying to the pres�gious Fore School of Management, Delhi.

Benefits of HDFC Credila’s Educa�on Loan are:

Income Tax Benefits Under Sec�on 80(E)

Loan tenure up to 90 months, helping you with lower EMIUnsecured Loan up to 15 Lakhs

Trustworthy Company: HDFC Credila is a subsidiary company of an HDFC Ltd., one of the most trusted names in financial services industry

Quick & Easy Loan processing

No margin money required

Passport size Photograph's of Student / Co-borrower and Addi�onal Co-borrower (Spouse / Father/ Mother)

Educa�on document -

1. 10th and 12th Markscard

2. Degree all semester marks cards and cer�ficates

3. Admission le�er from Fore School of Management

Financial Documents Co-Borrower: If Salaried-

1. Latest 6 Months Bank Statements where salary is credited every month.

2. Latest 3 Salary Slips or Salary Cer�ficate on Employer's Le�erhead.

3. Latest 2 Year's Form 16 from Employer.

4. Exis�ng loan schedules copy (if any)

Co-Borrower: Self Employed – Professional-

1. Latest 8 Months Current A/c Bank Statements of the Bank Account where Business receipts are credited

every month.

2. Latest 8 Months Savings A/c Bank Statements.

3. Last 2 Year's Personal Income Tax Returns with IT acknowledgement.

4. Last 2 Year's Company ITR with IT acknowledgement.

Know Your Customer (KYC) Documents:Present and Permanent Address proof and Photo Identy of Student / Co-borrower and Addl co-borrower

HDFC Credila has partnered with Fore School of Management to design a customized loan product for you.

List of Documents:

HDFC Credila is a subsidiary of Housing Development Finance Corpora�on (HDFC). Credila, as India's first dedicated educa�onal loan company is the trusted and preferred choice for educa�on loans by thousands of Indian students, studying in over 2100 educa�onal ins�tutes, across 35 countries.

01

03

04

05

02

(Please note this list is not exhaus�ve and few addi�onal documents might be needed on a case to case basis)

Call: Mr. t +91-Atesh Sharma a 8588813295 or Email: [email protected]

Mr. t +91-Vipin Pal a 9873915474 or Email: [email protected]

Apply directly at www.credila.com | Tollfree: 1-800-209-3636

Apply Now

Product Details for MBA 2018-20 Programme:

Loan Amount

Tenure of the Loan

Rate of Interest

Co Applicant Required

One Time Origination Fee

Insurance Cover

Income Tax Benefits

Max Loan Amount 15 Lakhs

Terms

Up to 90 months, including the Study period (Can be lower if required)

5000+ Taxes

Details

Required for unsecured cases

Available under Sec�on 80 E of Income Tax Act'1961

Yes : Father / Mother / Spouse

Floa�ng rate of interest p.a.*

9.95%

Page 5: ORIENTAL BANK OF COMMERCE · 2019. 1. 29. · Subject: Education Loan scheme for students of FORE school of Management We are pleased to inform you that FORE has been placed among