SCHOLAR LOAN SCHEME 
              
             We are offering Scholar loans for pursuing Full time courses in prestigious Institutes like IIMs and IITs, the 
             Indian Institute of Management Kozhikode is a Premier “AA” rated Institute in SBI and the Scholar loans 
             offered to students pursuing courses in IIMK is without any Collateral security. The details of the loan 
             scheme are as follows:  
             Eligible Expenses 
                  Fee payable to the Institute  
                  Purchase of Books / equipment 
                  Purchase of Laptop 
                  Travel Expenses/ Expenses on Exchange Program 
             Student Eligibility 
                  Should be an Indian National 
                  Secured admission to Full time course through Entrance test/ Selection process in any of the 
                   selected Premier Institutes. 
                  Minimum CIBIL score 650 
                  Course duration should be minimum of 1 year 
                    
             Interest Rate: Linked to 1 year MCLR and reset every year 
              1 year MCLR + Spread 0.20% i.e present effective rate : 8.35% 
              
             Documents required 
                  Application form for Education loan, Asset & Liability form of Student & Co-applicant. 
                   Documents for Applicant  
                  PAN & Aadhar card self attested copy is mandatory 
                  Address proof (Voter ID/Passport/Driving license) self attested copy 
                     th  th
                  10 , 12  & Graduation Certificate  
                  CAT / GMAT Score & IIMK Acceptance Letter 
                  2 passport size photograph (recent photo) 
                  Income proof- Salaried: Salary Slips for 6 months or Form 16 for last 2years 
                    Or IT Returns for last 2 years 
                  Experience Certificate from Employer 
                            Documents required for co-applicant (parent/spouse): 
                  PAN & Aadhar card self attested copy is mandatory 
                  Address proof (Voter ID/Passport/Driving license) self attested copy 
                  Income proof- Salaried: Salary Slips for 6 months or Form 16 for last 2years 
                    Or IT Returns for last 2 years 
                  2 passport size photograph (recent photo) 
                  The applicant & co-applicant should have an account in SBI, a new account to be opened if 
                   existing account is not there. 
             Repayment Period: Maximum 15 years 
              
             For more details contact:  
             State Bank of India- IIMK Branch (10565) 
             IIM Kozhikode Campus 
             Email: sbi.10565@sbi.co.in 
             Tel: +91 495 – 2809331