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HDFC, Institute of Computer and Finance Executives (ICFe) Tie-Up For Providing Study Loan Facility
By Dikshit Dass, Section Loan And Scholarship
The Institute of Computer and Finance Executives (ICFe), the leading provider of training for financial sector, has formally announced its tie-up with the HDFC bank for providing study loan facility.
The facility is available to the bright but economically weak students who are desirous of taking loans to undertake courses offered by ICFe. This education loan facility is available at all ICFe centres across India. ICFe imparts training in the fields of accounting, banking, insurance and financial services. ICFe already has 60 centres running in the states of Haryana, Punjab, Himachal Pradesh, Uttar Pradesh, Rajasthan and Delhi-NCR region. Any ICFe student will be eligible for the education loan, ranging from Rs 50,000 to Rs 1,00,000 from the HDFC bank. The loan is available in easy payback instalments of 12, 24, 36 and equal monthly instalments, after the course is finished. The bank is granting the educational loan with special interest rates and without any security exclusively for ICFe. Santosh Mangal, CMD, ICFe, says on the tie-up with the HDFC bank, ``Many dreams and aspirations of the bright and deserving candidates remain unfulfilled because of the lack of finances. We are happy that the HDFC bank is helping us in this initiative to develop and nurture the future of budding talent by providing them with educational loans at the best possible rates. Through this tie-up, many brilliant learners will come forward in contributing towards the Indian accountancy sector, which is in the need of sharp calculating minds." Click On "Full Story" For More......
Krishnendu Dutta, manager, Education Loans, HDFC, says, "We believe that every student has the right to better his chances professionally and we are there to assist him in this endeavour. HDFC education loans will provide an impetus to the ICFe initiative of training the students from the smaller cities and towns and from the lower income group."
Applicants for the loan would have to meet the criteria specified by the bank as per its eligibility criteria. The process is very simple and as per the usual practice and policy like handling enquires on credit documentation, collection of loan application and requisite enclosures, documents verification, execution of loan agreement from the students of ICFe. ICFe will evaluate the intent and capability of the students who are going to pursue the ICFe course in the right direction so that only the deserving and committed students get recommendation from the ICFe to get the HDFC educational loans. ICFe imparts training in the fields of accounting, banking, insurance and financial services. ICFe already has 60 centres running in the states of Haryana, Punjab, Himachal Pradesh, Uttar Pradesh, Rajasthan and Delhi NCR region. The Institute of Computer & Finance executives (ICFe) has been in operation for the past five years and provides in-depth practical knowledge to candidates by using latest computerised techniques. The mission of the organisation is to prepare and provide competent accountants to the industry. ICFe has around 60 centers spread across India. Source: Tribune's Jobs&Career 04/Oct/2008
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