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Getting Loans
Making payments easier -pay animation course fees in easy installments every month
At Arena Animation Mohali, we like to encourage deserving students to take full advantage of our courses. To make them easily affordable, Arena offers the option of monthly payment of course fees. Hence, instead of making a one-time, lump sum payment, students can choose to pay the fees in easy installments every month.

Education loans
For those who wish to avail of student loans, Arena Animation Mohali, in association with HDFC Bank, offers education student loans at attractive interest rates. Only students within India who have passed Class 12 and are opting for the full AAASP career course are eligible.

When to apply?
The minimum loan amount that can be availed of is Rs. 50,000. Hence, current AAASP students whose outstanding fees exceed Rs. 50,000 are eligible to apply, as also new students who would like to take a loan of up to 90 percent of their course fees.

How to apply?
To apply for the loan, the student will have to take admission to the AAASP course and make a down payment of 10 percent of the total course fee. The student must fill up an HDFC Education Loan Application Form. The student's parent, blood relation or spouse has to become a co-borrower or co-applicant for the loan.

Terms & Conditions
  • Loan amount of minimum Rs. 50,000 and maximum Rs. 3 lakhs will be disbursed.
  • Students not meeting the credit criteria of HDFC Bank may be asked to furnish additional security as acceptable to the Bank.
  • Loan tenure shall be based on the co-applicant's employment and at the sole discretion of HDFC Bank.
  • No part prepayment of the loan is permitted. The entire outstanding may, however, be prepaid by paying 4 percent of the outstanding amount towards 'prepayment charges'. (This amount may vary from time to time. HDFC bank has the sole rights in this regard.)
  • Loan agreement shall be executed directly between the student and HDFC Bank and Arena Animation Mohali shall not be liable in any matters connected with the loan.

 

 

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Arena Animation Mohali, Sebiz Square, IT Park, C6, Sector 67, Mohali, Punjab, India, PIN: 160062, Ph: 0172-3245783, Mob: 9988903036, Fax: 0172-3068074
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