Amity has tied up with Oriental Bank of Commerce to make easy education loan available to the students. Given below are the benefits of the scheme:

• All courses of Amity are covered for grant of loan.
• Speedy disposal of loan application.
• Sanction can be accorded by Branch of OBC where campus of Amity is located irrespective of the location of the student. For example, a student applying to AMITY, Sector - 44, INDORE, but staying at Dehradun, can apply at the OBC Branch at INDORE and communicated to the Dehradun Branch for disbursement after due verification and signing of documents.
• Loans are being sanctioned at a concessional rate of interest as compared to the normal scheme of OBC.
• The student can cover all his expenses e.g. hostel, stationary etc., while applying for loan.

Illustrative List of Papers / Documents Required for Education Loan

• Admission letter of Amity giving details of year wise fee, boarding and lodging expenses. Letter confirming scholarship, if any.
• Attested copies of documents for proof of age/date of birth and proof of residential address.
• Passport size photo of the applicant, co-obligants and guarantors.
• Copy of marksheets/degree certificates of previous academic qualifications.
• Income proof/latest income tax return of parents/co-obligants, guarantors. (if any)
• Details of collateral security alongwith valuation certificate of Govt approved valuer (if any).
• Details/statements of Bank accounts held with Oriental Bank of Commerce/other banks by the student applicant/co-obligant(s)/guarantors (if any) for the last six months.
• Copy of Passport/Visa, cost of air fare (documentary detail) in case of studies abroad.