News Updates
  • 21-12-2016 : National Conference RISE 17 , Organised by the Dept. of Mechanical Engineering. visit the conference website http:/...
  • 17-03-2017 : Airtel India Limited Placement Drive CSE, ECE and EEE department students- 2017 batch
  • 17-03-2017 : Infocom Solutions Placement Drive:ECE, EEE, ME, CE and CSE students- BTECH 2017

Bank Loan Assistance

 

Ammini College of Engineering (ACE) is assisting its students to avail educational loans being offered by various Nationalized & Private Sector Banks to enable maximum number of students to full fill their future dreams by taking admission in higher education despite their family & / or financial hurdles.

Banks are generally sanction Education Loan to a Student fulfilling their terms, for the following expenses up to the term / period of the Course:

  • Fee payable to College & / or for Hostel
  • Examination / Library / Laboratory fee
  • Purchase of books / equipments / instruments / uniforms
  • Caution Deposit / Building Fund.
  • Purchase of computers
  • Insurance premium for student borrower
  • Boarding and lodging expenses including Hostel
  • Other Expenses like - study tour, project work etc.

However, the students and their parents / guardians are personally responsible for obtaining sanction and subsequent disbursement, repayment of the sanctioned loan and all other kinds of liabilities and consequences arising thereof, if any. ACE is not liable and responsible in this regard what-so-ever it may be.

Brief Procedure for obtaining Bank Loan

After admission the student has to submit an application to the principal in the prescribed format (Click to Download)for the bonafide certificate to the concerned bank. The College will happily provide the required information regarding education period, details of fees, terms of fees etc. or any other document(s) as required by the concerned bank for early sanction of loan, as and when deemed appropriate.

A student, who is desirous to apply / obtain an Education Loan has to approach to any Bank with the following information / papers:

  • Loan Application on Bank’s format
  • Proof of admission
  • Bonafide certificate from the College containing various charges like – Admission Fee, Tuition Fee, Hostel Charges etc.
  • Proof of address (Permanent) / ID Card
  • Other papers at the discretion of a Bank