Student Loans and Financing

Eruditus has partnered with student loan provider who can provide loans to Eruditus’ students. You may be able to avail a student loan if you meet the conditions set by the loan provider. The loan providers that we have currently partnered with are

How to apply for a student loan?

STEP 1: You can apply for a student loan from the loan providers listed on this page, only if your programme is eligible for a student loan. Currently, the following Eruditus programmes are eligible for a student loan

  • IIM Lucknow Executive Programme in Data Science
  • IIM Lucknow Executive Programme in Digital Transformation
  • IIM Lucknow Executive Programme in Fintech, Banking & Applied Risk Management
  • IIM Calcutta Senior Management Programme in Business Analytics
  • IIM Calcutta Advanced Programme in Strategic Project Management
  • IIM Kozhikode Senior Management Programme
  • IIM Kozhikode Professional Certificate Programme in Financial Analysis, Modelling and Valuation
  • IIM Kozhikode Professional Certificate Programme in Product Strategy
  • IIM Kozhikode Certificate in Advanced Strategic Management Programme
  • IIM Kozhikode Professional Certificate Programme in Advanced Data Science for Managers
  • IIM Kozhikode Professional Certificate Programme in Financial Analysis and Financial Management
  • TAPMI’s Post Graduate Certificate in Digital Marketing
  • TAPMI’s Post Graduate Certificate in Data Science
  • TAPMI’s Executive – Post Graduate Programme in Management
  • XLRI VIL’s Postgraduate Certificate in Finance
  • XLRI VIL’s Senior Executive Certificate in Business Transformation Strategies
  • XLRI VIL’s Business Analytics for Managers
  • XLRI VIL’s Advanced Management Programme
  • MICA’s Post-Graduate Certificate in Sales & Marketing Communication

STEP 2: You must complete the

  • Application process for the programme
  • Pay the application fee or booking amount (as appropriate for the programme)
  • Receive an email from the educational institution confirming your selection for the programme

STEP 3: You must complete the loan application form available at the below mentioned URLs

If you need assistance in filling out the loan application form please email Eruditus at mentioning the name of the programme you are interested in.

STEP 4: An agent from the loan provider will call, email or visit you and assist you with your loan application. Loan approvals take varying amounts of time. You can discuss how long it would take with the agent who speaks to you.

No Cost EMI Options

In addition to these standard loan options, programmes from TAPMI will also offer a subvention model for loans i.e. 0% EMI model. This service is offered exclusively by Propelld for:

  • TAPMI’s Post Graduate Certificate in Digital Marketing

Please Note:

  • Eruditus does NOT make any recommendation on whether students should or should not avail of a loan to enrol into its programmes. The decision of whether to avail of a loan is exclusively your decision to make.
  • Approving of a loan is a decision made exclusively by the loan provider. The loan provider may decline your loan application.
  • Eruditus does not recommend any specific loan provider. You are required to conduct your own due diligence before making a choice of loan provider. Please note that loan providers will charge an interest for providing you a loan. Loan providers may include other charges such as a processing fee, documentation charges etc before disbursal of loan.
  • Eruditus encourages students to carefully read the terms and conditions of loan providers before availing of a loan.
  • Eruditus does not bear any financial obligation related to the loan you apply for. Your financial obligation on the loan you avail of is to the loan provider.
  • If you default on your loan repayment obligation to a loan provider, Eruditus may notify you to meet your loan repayment obligation.
  • Your loan provider may initiate loan recovery proceedings as per applicable law.
  • Your loan provider will transfer the loan amounts directly to Eruditus as required under the arrangement that the loan provider has with Eruditus.
  • On specific request by the loan provider, the Eruditus may inform the loan provider about your employment status, the programme fees, the programme duration and your attendance information on the programme.
  • Failure to obtain a loan by you cannot be a reason to seek delayed payment schedule from Eruditus and the grant of admission may be withdrawn, if payments are not made by the student as per the listed payment schedule.