6
Regards,
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 Narsee Monjee Ins�tute of Management Studies - Banglore (NMIMS).
Benefits of HDFC Credila’s Educa�on Loan are:
Loan sanc�on for free of cost
No need of admission confirma�on Door Step service
Unsecured Loan up to 20 Lakhs Quick & Easy Loan Processing
Income Tax Benefits under sec�on 80E
HDFC Credila has partnered with Narsee Monjee Ins�tute of Management Studies to design a customized loan product for you.
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.
Passport size Photograph's of Student / Co-borrower and Addi�onal Co-borrower (Spouse / Father/ Mother)
Educa�on document -th th1. 10 and 12 Marks card
2. Degree all semester marks cards and cer�ficates
3. Admission le�er from Narsee Monjee Ins�tute of Management Studies (Required at the �me of disbursement)
Financial Documents Co-Borrower: If Salaried-
1. Latest 6 Months Bank Statements where salary is credited every month.
2. Latest 2 Salary Slips or Salary Cer�ficate on Employer's Le�erhead.
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 1 Year's Personal Income Tax Returns with IT acknowledgement.
4. Last 1 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
List of Documents:
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)
Product Details for All Programs of NMIMS 2019-21
Loan Amount
Tenure of the Loan
Rate of Interest
Co Applicant Required
One Time Origination Fee
Insurance Cover
Income Tax Benefits
Max Loan Amount 20 Lakhs
Terms
Up to 120 months, including the Study period (Can be lower if required)
Rs. 5,000 + Taxes
Details
Mandatory for non-collateralized cases
Available under Sec�on 80 E of Income Tax Act'1961
Floa�ng rate of interest
11.25% p.a.*
Yes : Father, Mother, Spouse
Apply Now
www.hdfccredila.com | Tollfree: 1-800-209-3636
Call: Mr. Tushar Adole at +91-9890190743 or Email: [email protected]
How can you get Tax benefits by availing Education Loan from HDFC Credila Financial
Services Private Limited?An education loan not only funds your higher studies but also help save tax. The interest paid on the education loan can be claimed as deduction, as per Section 80E of the Income Tax Act of India, 1961.
To get tax benefits, education loan should be taken from any Bank / financial institution or any approved charitable institutions. Other than Banks, HDFC Ltd. & HDFC Credila Financial Services Pvt. Ltd., are the only two specified “Financial institution” for the purpose of availing Income Tax benefits under section 80E of the Income Tax Act of India, 1961.
Copy of the Gazette
*T&
C A
pply
.
Copy of IT Act
Regards,
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 Narsee Monjee Ins�tute of Management Studies - Hyderabad (NMIMS).
Benefits of HDFC Credila’s Educa�on Loan are:
Loan sanc�on for free of cost
No need of admission confirma�on Door Step service
Unsecured Loan up to 20 Lakhs Quick & Easy Loan Processing
Income Tax Benefits under sec�on 80E
HDFC Credila has partnered with Narsee Monjee Ins�tute of Management Studies to design a customized loan product for you.
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.
Passport size Photograph's of Student / Co-borrower and Addi�onal Co-borrower (Spouse / Father/ Mother)
Educa�on document -th th1. 10 and 12 Marks card
2. Degree all semester marks cards and cer�ficates
3. Admission le�er from Narsee Monjee Ins�tute of Management Studies (Required at the �me of disbursement)
Financial Documents Co-Borrower: If Salaried-
1. Latest 6 Months Bank Statements where salary is credited every month.
2. Latest 2 Salary Slips or Salary Cer�ficate on Employer's Le�erhead.
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 1 Year's Personal Income Tax Returns with IT acknowledgement.
4. Last 1 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
List of Documents:
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)
Product Details for All Programs of NMIMS 2019-21
Loan Amount
Tenure of the Loan
Rate of Interest
Co Applicant Required
One Time Origination Fee
Insurance Cover
Income Tax Benefits
Max Loan Amount 20 Lakhs
Terms
Up to 120 months, including the Study period (Can be lower if required)
Rs. 5,000 + Taxes
Details
Mandatory for non-collateralized cases
Available under Sec�on 80 E of Income Tax Act'1961
Floa�ng rate of interest
11.25% p.a.*
Yes : Father, Mother, Spouse
Apply Now
www.hdfccredila.com | Tollfree: 1-800-209-3636
Call: Mr. Tushar Adole at +91-9890190743 or Email: [email protected]
How can you get Tax benefits by availing Education Loan from HDFC Credila Financial
Services Private Limited?An education loan not only funds your higher studies but also help save tax. The interest paid on the education loan can be claimed as deduction, as per Section 80E of the Income Tax Act of India, 1961.
To get tax benefits, education loan should be taken from any Bank / financial institution or any approved charitable institutions. Other than Banks, HDFC Ltd. & HDFC Credila Financial Services Pvt. Ltd., are the only two specified “Financial institution” for the purpose of availing Income Tax benefits under section 80E of the Income Tax Act of India, 1961.
Copy of the Gazette
*T&
C A
pply
.
Copy of IT Act
