Memorandum of understanding with IDBI Bank
Karunya University has entered into an MoU with IDBI Bank Ltd. to provide educational loan facilities to the students of this University who secure admission through single window counseling for the year 2013-’14. Also, the existing students who are pursuing their studies in B.Tech.,M.Tech. and MBA courses can also avail their educational loans through IDBI Bank Ltd. The maximum loan amount is Rs. 10 lakhs and the co-obligant is the Father / Mother of the student. There are special privileges available to girl students, physically challenged and SC/ST/Minority Community students. The above said MoU was signed by the Registrar of Karunya University, Dr.C.Joseph Kennady and Mr.S.Subramaniam, Regional Head, Personal Banking group, Tamil Nadu-II of IDBI Bank Ltd. The Vice-Chancellor, Dr.E.J.James, the Finance Officer, CA. A. Joseph Amul Raj, Mr Sree Kumar, Head - Retail Asset, Coimbatore and Mr.Srinath, Relationships Manager of IDBI Bank Ltd.
This MoU will benefit a large number of students of this University to pursue their course of study without any financial constraints.
Registrar, Karunya University