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Regarding ISB loan facilities

This topic has 4 member replies
EPluribusUnus Newbie | Next Rank: 10 Posts
Joined
08 Apr 2008
Posted:
3 messages

Regarding ISB loan facilities

Post Sun Apr 13, 2008 12:47 am
Hello,

I need some clarification regarding the loan facilities available for ISB, India. I understood from what I read on their official website that they require a commitment fee of INR 2 lakhs once the candidate is chosen and has committed to commence classes and that this needs to be paid within 15 days of receiving the offer else the admission stands cancelled.

I would like to know if it's possible to get the educational loan sanctioned within such a short duration. It's quite beyond my financial capabilities to pay such a sum, hence before I start preparing to apply, I would like to get this clarified. Kindly do let me if someone here is in the know, I shall be much obliged.

Thanks! : )

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Prasanna Master | Next Rank: 500 Posts
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Post Sun Apr 13, 2008 10:31 am
The best thing to do in your case would be contact the school directly. It is very easy and you also get a official reply.

EPluribusUnus Newbie | Next Rank: 10 Posts
Joined
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Posted:
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Post Sun Apr 13, 2008 11:34 pm
Thanks, Prasanna. I somehow didn't think of that. I mailed them. I've received a reply from them as well. The loan facilities can't be availed for the commitment fee. I was advised to borrow from family/friends.

aim-wsc Legendary Member
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Post Mon Apr 14, 2008 5:41 pm
EPluribusUnus wrote:
Thanks, Prasanna. I somehow didn't think of that. I mailed them. I've received a reply from them as well. The loan facilities can't be availed for the commitment fee. I was advised to borrow from family/friends.
Yes. Thats the point of commitment fee. You should manage it all by your own.

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gmat765 Senior | Next Rank: 100 Posts Default Avatar
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Post Wed Apr 16, 2008 6:23 pm
I also urge you to contact the school directory. They will reply to you with very detailed information.

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