An undergraduate or graduate degree is an investment in your future. One way many students choose to fund that investment is through an educational loan. When managed well, an educational loan can be an invaluable instrument in financing your higher education at ABBS. While all loans are to be repaid, applicants are advised to explore all of the options before applying.
ABBS is associated with CREDENCE and Tachy Loans.
Process for Tachy Loans
Options:
Step 1:
Applicants have to upload their:
- Pan card
- Aadhar card
- Bank statement of 6 months (PDF Format)
- Payslips
contact information on our Portal needs to be filled.
Step 2:
After completing the registration, the applicant will receive a confirmation regarding eligibility (received on the same day)
Step 3:
Physical verification
Step 4:
Signature on documents (processing duration will be 2-5 working days)
Eligibility Criteria
- Age: 25-58 yrs
- Income: Rs.20,000/month
- Cibil score: 650 above
- Tenure: 6-36 months
- Interest rate: Starts from 11.5% (also depends on Cibil Score)
- Students can avail more than one loan if they come under the eligibility criteria.
- Loan amount will be directly credited into the Institute/organisation’s current bank account.
Jodo
ABBS has partnered with the company, Jodo, to help applicants pay the fees in monthly instalments. With Jodo, you can pay fees every month at 0% interest. The college takes care of the interest charges.
JODO (https://www.jodo.in) is a Bangalore-based company and works with 70+ institutes in Bangalore.
To apply for the Jodo monthly plan, fill up the application form on the app jodo.in. To know more about JODO, and the monthly fee payment plan, check out https://tinyurl.com/yxqt98zm or call them at 9606108182.
Propelld
ABBShas partnered with Propelld to assist students in paying their fees through easy monthly instalments. Propelld offers flexible loan options specifically designed for educational purposes, ensuring students can focus on their studies without financial stress.
Propelld is a digital lending platform designed to simplify fee payments. With a user-friendly app, the process is streamlined, requiring minimal paperwork and offering quick approvals.
To learn more, visit www.propelld.com.
Application Process:
To apply for a loan through Propelld, students need to:
- Visit the Propelld website or download the app: Begin the application process by registering on the platform.
- Submit the required documents:Propelld typically requires the following documents:
- Identity proof (e.g., PAN card, Aadhar card)
- Address proof (e.g., Aadhar card, passport)
- Income proof (e.g., salary slips, IT returns)
- Bank statement (last 6 months)
- Get approval and disbursal: Once the documents are submitted, students can receive real-time approvals and quick disbursal of fees directly to the institute.
