*Subject to change
 

Education loans

Amity University has tie-ups with premier nationalized banks such as Oriental Bank of Commerce and Allahabad Bank offering following advantages:

• Include tuition fees, books cost, hostel fees, airfare for courses abroad
• Concessional rate of interest
• Speedy disposal of loan applications
• Availability of the loan across the country

The brief procedure for availing loans is as follows:

Oriental Bank of Commerce (OBC)

• Sanction can be accorded by a branch of OBC, where a campus of AMITY is located irrespective of the location of the student. For example, a student applying to AMITY, Sector - 44, Noida, but staying in other city can apply at the OBC branch at Noida and communicate with his/her city branch office of the bank for disbursement of the loan, after due verification and signing of documents is completed

• Loans are being sanctioned at a concessional rate of interest as compared to the normal scheme of the bank

• The student can cover all his expenses e.g. hostel, stationary etc., while applying for the loan

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• An illustrative list of papers or documentation required to avail education loans include:

• Admission letter of AMITY giving details of yearly fee, boarding and lodging expenses, along with a letter confirming scholarship, if any

• Attested copies of documents for proof of age/date of birth and proof of residential address

• Passport size photo of the applicant, co-obligants and guarantors

• Copy of mark sheets/degree certificates of previous academic qualifications

• Income proof/latest income tax return of parents/co-obligants, guarantors (if any)

• Details of collateral security along with valuation certificate of Government approved valuer (if any)

• Details/statements of bank accounts held with Oriental Bank of Commerce/other banks by the student applicant/co-obligant(s)/guarantors (if any), for the last six months

• Copy of passport/visa, cost of air fare (documentary detail) in case of studies abroad

• Contact details - Amity Branch, Sector 44, Noida

Allahabad Bank

• Prospective students can fill the application online for his/her proposed AMITY Campus. Download  online application form

• The bank would accord a provisional sanction normally within 48 hours.

• For more details, refer website of  Allahabad Bank

• Contact details - Noida Branch, Ms. Jyoti Batra- Manager, Tel: 95120-4392248

For more information on availing loans, please contact 
AMITY Education Loan Cell
Tel: 0120-2445252
Email: loancell@amity.edu