Loan Facility for Student

NEWS ITEM FOR AURORA’S NEWS LETTER:
 AURORA’S BUSINESS SCHOOL (ABS) has tied up with HDFC Credila for providing educational loan facility to its students. HDFC Credila is a wholly owned subsidiary of HDFC Ltd.  This is a NBFC exclusively engaged in providing educational loans.
The AVP of HDFC Credila , Mr.HariKiran along with his team members Ms.Rachel  Ramani and Mr.Kiran Kumar visited ABS on 3rd May,2011 and held detailed discussions with the Director,  Dr.Ravi Paturi , and the senior faculty Mr.NV Ramana and Mr.Venugopal.  
HDFC Credila have agreed to provide educational loan upto Rs.5 lacs for ABS students without any security and with a repayment period of 8 years which includes moratorium period.
The MOU  has been signed on 6th May 2011. The students can download the loan application form on ABS website and apply. The website has a provision to enable the students to chat with HDFC Credila officials for any information/clarification. A link to this effect has been created on ABS website.

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