IIM Ahmedabad - Indian Institute of Management

I am a taking a loan of around Rs. 20 lakhs. What do you think, in how many years would I be able repay the loan completely?

234 Views|Posted 2016-02-19 15:02:46

Asked by Debasish Deka

1 Answer

Sort by:

Answered by

Saurabh Bharti | Contributor-Level 10

2016-02-19 16:45:15

It would usually take 2-3 years to pay of the loan. However it would totally depend on you when you want to pay the loan. Many people prefer to pay it later as there are tax advantages as well. Also there are a lot of need based scholarships available which reduces your loan burden as well. Hence yo

Upvote

Similar Questions for you

Are IIM Ahmedabad faculty PhD holders?

Rakshit Prabhakar

Yes, vast majority of faculty members at IIM Ahmedabad hold a PhD from top tier Indian or international institutions. They are accomplished scholars and researchers.

How is the faculty of IIM Ahmedabad?

Rakshit Prabhakar

Faculty at IIM Ahmedabad is widely considered to be among best in India consisting of around 100+ highly qualified, full-time members, plus visiting industry experts. They are known for rigorous, case based teaching method rather than relying on lectures, fostering deep industry knowledge & practica

Rakshit Prabhakar

Yes IIM Ahmedabad scholarships are highly helpful for SC/ST students offering financial relief through Need Based Scholarships for those with low family income. Eligible students can receive extensive support including tuition fee waivers and specific scholarships aimed at easing financial burden.

How can IIM Ahmedabad scholarships helps the students?

Rakshit Prabhakar

IIM Ahmedabad scholarships support students by lowering financial burden of high tuition fees enabling access to premier education for meritorious students regardless of their economic background. These scholarships include need based & merit based options, help reduce debt, recognise academic perfo

Anupama Garg

IIM Ahmedabad offers only limited seats for its programmes. Students have to clear the selection rounds and pay the fees to get admission. The IIM-A intake for popular programmes is as below: