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IIM-B’s offer

Staff Reporter

Bangalore: The Indian Institute of Management, Bangalore (IIM-B) has come out with a revised financial scheme to help prospective students to fund the course.

Loans for students at IIM-B are readily available from several banks, including State Bank of India, State Bank of Mysore, Andhra Bank and Allahabad Bank.

Banks are extending a collateral-free loan of up to Rs. 10 lakh, according to a press release.

Loans above require a collateral, the release said. Credila Financial Services, an educational loan services company, also provides educational loans under similar terms.

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