praxis_icon Fees for the 2 Year Post Graduate Program in Business Management

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Fees for the program are payable as per the following schedule over the 2 years of the program
 Indian Students Installments ( Amount in IN Rupees)
Pay by

On Admission  (With in 7 days of selection)

          First         (With in 28 days of selection) Second  15-Oct-2012 Third  15-Jun-2013 Fourth  15-Oct-2013
PROGRAM FEE             Admission Confirmation Fee 60,000 -  -  - -
Academic Fee ( Including Tuition Fee, Library Fee, and academic activity) - 110,000 110,000 110,000 110,000
Course Material - 25,000 25,000 25,000 25,000
Total 60,000 135,000 135,000 135,000 135,000
Total Program Fee 600,000
LIVING EXPENSES               Hostel Accommodation* - 30,000 30,000 30,000 30,000
Total Living Expenses(Food will be extra at actual) 120,000
Refundable Caution Deposit                                                 30,000
International Students (Amount in US Dollars)
Program Fees                                                                      8,200                    7,800
Living Expenses*(Food will be extra at actual) 1,500 1,500
Total 9,700 9,300

* Praxis provides residential accommodation within the campus with single room occupancy for its students.

Refunds

After admission, the entire amount paid by the student shall stand forfeited except the refundable deposit mentioned above. This applies to dismissals as well as withdrawals, voluntary or otherwise, from the institute’s rolls.

Laptop

Each student must have a wi-fi enabled personal laptop before the start of classes.

Scholarships

Candidates belonging to SC/ ST/ OBC categories, girl candidates from non-metros* and servicemen or their wards are encouraged to apply. Praxis offers merit-based scholarships** of Rs. 1,00,000 (Rupees one lakh) each to selected candidates belonging to the above categories subject to the following conditions:

  1. Candidates should be successful in getting admission to Praxis Business School.
  2. Candidates must have a minimum of 75% marks in both class X & XII and a minimum of 60% marks in graduation. Candidates appearing in their final year of graduation will also be considered.

*Candidates who have completed their X, XII and graduation in any city/ town other than Bangalore, Chennai, Hyderabad, Kolkata, Mumbai, New Delhi, or Pune

** The scholarship will go towards payment of academic fee and will be apportioned in 4 equal installments corresponding to the fee cycles of the institute.

Disputes

Any disputes are subject to the jurisdiction of Kolkata courts only.

Educational Loans

Praxis has tied up with HDFC Bank and Credila Financial Services for student loans.

Given below are the details of the loan service offered by Credila Financial Services:

Educational Loan Details
Education Loan Amount Up to 6 Lakhs
Eligibility Indian Nationals 2012-14 Batch Admits
Tenure 24 months Up to 84 months
Courses Business Management & Business Analytics
Moratorium (Payment holiday) NA
Category Secured & Unsecured
Origination Fee Range Rs 5000/-
Normal EMI for 60 Months Per Lakh Rs2,353/-PM
Normal EMI for 48 Months Per Lakh Rs 2,758/- PM
Normal EMI for 36 Months Per Lakh Rs 3,443/- PM
Normal EMI for 24 Months Per Lakh Rs 4,825/- PM
Collateral ( To be decided by Credila on a case-to-case basis) House/Flat/Land
Co-borrower’s Profile
Location of at least any one of the Co-borrower orCollateral Credila Branch Locations & Any city whereHDFC Ltd. has an office with ECS facility
Co-borrower Profession/Entities Salaried, SEP. SENP to be charged 1% extra RoI
Contact: Rupesh Mahapatra: 9007083636Soma Dutta: 9088527966Phone: 1800-209-3636 By Email: loan@credila.comSMS: Credila to 53636Website: www.credila.com

Documents Required

Please refer to http://credila.com/supporting_docs_needed.html

The following documents are required apart from the completely filled in Credila Application Form:

A. Student

  1. 2 Passport size photograph
  2. Academic documents from 10th Std till date.
  3. Entrance Test Result/Score
  4. ID Proof & Sign Proof
  5. Current and permanent address proof

B. Co-Borrower:

  1. 2 Passport size photograph
  2. ID Proof & Sign Proof
  3. Current and permanent address proof
  4. 3 months Salary Slip
  5. 8 months Bank Statement where salary is Credited
  6. Form-16 or ITR of last two years

Disbursement

  • After receiving the hard copy of the application form and the above mentioned document, Credila will sanction the Education Loan.
  • After Education Loan Sanction, Agreement/ Promissory note has to be signed by both  Borrower and Co-Borrower for final disbursement.
  • Need to Submit SPDC’s or security checks and 3 ECS copies.


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