Best Way to Get Study Loan for Higher Studies: HDFC-Backed Credila

The peak time for students to get a final entry to the prominent Indian Institute of Managements and other business schools of best rank is nearing. 

It is the time to consider your paying methods for the expensive education. Almost all the IIMs schools have given a rise of Rs 100,000 in their total fees. The total spending for a two year management course at IIM Ahmedabad will cost 1.4 million rupees ($31,500).However, the fees for IILM Kolkata and IIM Bangalore has been kept 1.35 million and 1.3 million rupees respectively.

So, it seems that students have a large way to go in deciding their payments options. These hikes have given way to leading Indian banks that are set to provide loans to the desiring candidates. The range educations loans are available in an all new looks. HDFC Ltd leader in home loans bought about 41 percent stake in the non-banking financial company, Credit Financial Services and education loans in December.

Educations loans provided by banks carry large interest rates in comparison with home loans. Reserve Bank of India has implied that banks are not allowed to accept in any security or deposits for the loans for an amount of Rs 400,000.

Government has given topmost priority to the education loans, in recent time almost all the private sector banks have been focusing into this area. Unluckily in the scenario we can find a plethora of deserving students who struggle to get loans. Banks asks for a co-signer for the loans and 100 percent collateral to cover the loan the amount. This become quite tough for a lower-middle class person to afford ,according to co-ordinator of Education Loan risk force, due to insufficient finance there are many students getting more than 90 percent are deprived of loans and quit their studies.

To get the loan student should seek admission in a leading business school; there are banks who publish a list of courses which qualify for the loans. This means that you have checked out which banks qualify your choice.

The fact is also true that Indian banks have a big no-no to the students whose are from a poor family. Though they can opt for west’s government funded loan model. On the other hand banks have a long way to go for deserving candidates.

There has been a long difference. Students of IIMs are apt to get better deals, for instance Union Bank of India, charges only 10.5 percent of interest that have admitted to selected number of schools, girls are likely to pay .50 percent less.

If students have all the list of supporting documents in a particular school along with the documents of the cp-signor’s bank account and income tax statements, assets and liabilities statements the procedure is feasible.

Students seeking loans for abroad studies can apply for loans. Some colleges in US need a proof of finances while admission. HDFC-backed Credila gives students a letter of credit which satisfies the college and admission goes smoother.

Bankers also assist students to take decision sensibly. Particularly when there is an array of new institutes coming up, it should not be done just for the sake of admissions, think wisely. Your admission should result into a good job and salary commented an executive of retail banking.

Education Loans in India is offered by Credila. For more information please log on to www.credila.com

Admission Notice - 2010- 2011 Amity University

Amity University

Amity Campus Noida Uttar Pradesh
Phone-No: 1800-11-00-00
Fax: 0120-2431870

Master of Business Administration (MBA) {Noida Campus}

Graduation (min 50%) and 10+2 (Min 60%)

§          For MBA programs the admission is based on CAT, MAT and GMAT score. [Click here] for list of MBA programs with Eligibility and MAT score cut off.

§          If you have not appeared in CAT or MAT or your score is less than the required cut off accepted by Amity, then you can appear for Amity Written Test followed by GD and/or Interview on the day of selection process. This will be applicable to all specialised MBA Programs only.

§          For complete list of programs {Click Here}

MBA (International Business) {Noida Campus}

Graduation (min 50%) and 10+2 (Min 60%)

§          For MBA programs the admission is based on CAT, MAT and GMAT score. [Click here] for list of MBA programs with Eligibility and MAT score cut off.

§          If you have not appeared in CAT or MAT or your score is less than the required cut off accepted by Amity, then you can appear for Amity Written Test followed by GD and/or Interview on the day of selection process. This will be applicable to all specialised MBA Programs only.

§          For complete list of programs {Click Here}

MBA (specialization in: Marketing and Sales, Human Resource Management, Retail Management) {Noida Campus}

Graduation (min 50%) 

§          For MBA programs the admission is based on CAT, MAT and GMAT score. [Click here] for list of MBA programs with Eligibility and MAT score cut off.

§          If you have not appeared in CAT or MAT or your score is less than the required cut off accepted by Amity, then you can appear for Amity Written Test followed by GD and/or Interview on the day of selection process. This will be applicable to all specialised MBA Programs only.

§          For complete list of programs {Click Here}

MBA (specialization in: Entrepreneurship, Competitive Intelligence and Corporate Warfare, Natural Resource Management, Continent (India, USA, UK), Rural Management, Urban and Real Estate Management) {Noida Campus}

Graduation (min 50%) 

§          For MBA programs the admission is based on CAT, MAT and GMAT score. [Click here] for list of MBA programs with Eligibility and MAT score cut off.

§          If you have not appeared in CAT or MAT or your score is less than the required cut off accepted by Amity, then you can appear for Amity Written Test followed by GD and/or Interview on the day of selection process. This will be applicable to all specialised MBA Programs only.

§          For complete list of programs {Click Here}

MBA (Biotechnology Management) {Noida Campus}

Graduation in Life Sciences (min 50%) 

§          For MBA programs the admission is based on CAT, MAT and GMAT score. [Click here] for list of MBA programs with Eligibility and MAT score cut off.

§          If you have not appeared in CAT or MAT or your score is less than the required cut off accepted by Amity, then you can appear for Amity Written Test followed by GD and/or Interview on the day of selection process. This will be applicable to all specialised MBA Programs only.

§          For complete list of programs {Click Here}

MBA (Media Management) {Noida Campus}

MBA (Fashion Management) {Noida Campus}

MBA (Hospitality Management) {Noida Campus}

MBA (Insurance & Risk Management) {Noida Campus}

Graduation (min 50%)

§          For MBA programs the admission is based on CAT, MAT and GMAT score. [Click here] for list of MBA programs with Eligibility and MAT score cut off.

§          If you have not appeared in CAT or MAT or your score is less than the required cut off accepted by Amity, then you can appear for Amity Written Test followed by GD and/or Interview on the day of selection process. This will be applicable to all specialized MBA Programs only.

§          For complete list of programs {Click Here}

MBA (Agriculture & Food Business) {Noida Campus}

Graduation in Agriculture, Biotech, Food and Life Sciences & allied areas (min 50%)

§          For MBA programs the admission is based on CAT, MAT and GMAT score. [Click here] for list of MBA programs with Eligibility and MAT score cut off.

§          If you have not appeared in CAT or MAT or your score is less than the required cut off accepted by Amity, then you can appear for Amity Written Test followed by GD and/or Interview on the day of selection process. This will be applicable to all specialised MBA Programs only.

§          For complete list of programs {Click Here}

MBA (Telecom Management) {Noida Campus}

B Tech / B Sc (Electronics / IT) (min 50%)

§          For MBA programs the admission is based on CAT, MAT and GMAT score. [Click here] for list of MBA programs with Eligibility and MAT score cut off.

§          If you have not appeared in CAT or MAT or your score is less than the required cut off accepted by Amity, then you can appear for Amity Written Test followed by GD and/or Interview on the day of selection process. This will be applicable to all specialised MBA Programs only.

§          For complete list of programs {Click Here}

Obtaining the Application Form  

The Cost of the Admission Form is Rs. 1,100 /-

F       Online at www.amity.edu/admission. Download Form (Please keep your Credit Card ready for Online payment)

F       By paying online with credit card

F       By downloading free and submitting with DD of Rs. 1,100/- in favour of ‘Amity Form’ payable at New Delhi.

F       At over 348 AXIS (formerly UTI) Bank Branches (for list of branches [Click Here])

Completing the Application Form

1        Fill in the Application Form only if you satisfy yourselves about your eligibility for admission to the programme.

2        If you have appeared in a qualifying examination and the result thereof is awaited, you can apply provisionally to go through admission process at your own risk.

3        The Application Form has to be filled in your own handwriting in black ink.

4        The instructions in the Application Form are self-explanatory. Please follow them strictly.

5        It is mandatory to provide your email address (clearly) as it will be used by the Admission Office for any communication.

6        Please attach self attested copies of your mark sheets/testimonials with the Application Form. At this stage do not send any original copies of mark sheets / Testimonials. Anything submitted will not be returned.

7        Mark sheets of Board/University submitted with the application form only will be considered for all procedure related to admission.

8        It may be noted that no request for change in the particulars filled in the Application Form by you will be entertained under any circumstances.

Submitting the Application Form: - Duly filled in Application Forms together with self attested copies of mark sheets/testimonials should be submitted/sent to the respective campus you are applying to:

For Noida Campus:

Personal Submission, Amity University Campus, Gate No. 1 & 4, Sector - 125, Noida- 201303 (UP)
By Post / Courier, Amity Admission Office, Amity University Campus, Sector - 125, Noida- 201303 (UP)

For further details, candidates can visit the institute's official website or www.admissionnews.com

Amity Law School, ALS

Amity University Uttar Pradesh Established under the "Amity University Uttar Pradesh Act, 2005" and notified through Government of Uttar Pradesh Gazette Notification No. 403/VII-V-1-1(Ka) 1/2005 dated March 24, 2005.

A milestone in Amity's unceasing endeavor for achieving educational excellence is the establishment of the Amity University Uttar Pradesh as a pace setting University. Established through an Act passed by the Uttar Pradesh Legislature and notified by the state Government, the University is committed to providing skills based quality education comparable to the best by international standards. Like all Amity Institutions, the University subscribes to the philosophy of blending modernity with tradition and nurturing talent and please visits www.amityuniversity.ac.in

Bachelor of Law (LLB - Honours)

The admission to the LL.B (H) programme of Amity Law School is done through a common Entrance Test conducted by the GGS IP University to which Amity Law School is affiliated. Details are given below:-

A candidate desirous of admission to the LL.B (Hons.) programme should have passed, with at least 50% marks in aggregate with English as a compulsory subject in any of the following examinations:-
i) Senior School Certificate Examination (Class XII) of the Central Board of Secondary Education (CBEF), Delhi
ii) An examination recognized as equivalent to the Senior School Certificates Examination of the CBSE.
iii) Candidate should be below 21 years of age on 1st August.

Allocation of Seats: Each year a total number of 80 students will be admitted in the LL.B (Hons.) programme of Amity Law School. The seat allocation is as follows:-

90% of the seats under various courses of the affiliated institutions including Amity Law School shall be filled up through a Common Entrance Test conducted by the University followed by counseling upon two rounds as per the present practice. State Government Policy on reservations will apply in these admissions.
10% of the seats (8 seats) are to be filled in by the Management from the merit list only.

Admission Procedure

Step One: Submit filled Application forms.

Step Two: About Entrance Test - The Common Entrance Test will be conducted by the University. The subjects generally are: Comprehension of English, knowledge of Current Affairs/General Knowledge (with emphasis on legal issues), Reasoning and Analytical Ability of Class XII level.

Further Details - Further details can be procured form the Admission Bulletin (containing the application form) of the GGS Indraprastha University, against payment of Rs. 100/- (Rs. 150/- by post) either in cash or bank draft drawn in favour of Registrar, GGS Indraprastha University, Old Delhi College of Engineering Building, Kashmere Gate, Delhi-110 006. The forms are also available with some designated branches of the Punjab & Sind Bank.

For further details, candidates can visit the institute's official website or www.admissionnews.com