IBS offers a Bridge loan to students admitted into the programs in India till they receive the sanction and disbursement of an educational loan from a bank. Students are required to pay the admission fee by the specified date from their own resources. The Bridge loan facility is available for the first installment of program fee and not for any subsequent installments due on future dates.
Under the bridge loan facility, IBS will accepts 1st installment of Program fee in partial payments by way of one Demand Draft and three cheques in equally distributed amounts. IBS students may utilize this facility until the sanction of bank loan. The details will be provided in the Selection Letter.