Vedica conducts interviews in three rounds. The admissions are on rolling basis
i.e we evaluate applications until we've filled all the slots for the incoming class.
The earlier you apply, better the chances of you making it to our next cohort.
5 October
to
22 December 2023
2 January
to
29 February 2024
5 March
to
15 May 2024
28 May
to
25 July 2024
Application round dates are subject to change*
Write 'Admissions Query | Class of 2025' in the subject for quick resolution.
Sl No | Terms | ||||
---|---|---|---|---|---|
1 | Eligibility | Student should be an Indian Resident & should be selected for VSPW | Same | Same | Same |
2 | Course Duration | 18 months | Same | Same | Same |
3 | Loan amount | Max Unsecured up to 90% of the total cost of Education | 15.5 L | 15.5 L | Upto 15 L |
4 | Rate of Interest | Starting at 9.50%* P.A. (Repo rate + 3.6% Spread) | 9.25 - 9.75% | 9.75 - 10.5% | 11% onwards |
5 | Processing fee | 1% (inclusive of GST) | Rs 5900 | Rs 5900 | 1% of the loan amount |
6 | Margin money | 10% | Nil | Nil | 20% of first year fee, for the remaining years 100% finance |
7 | Prepayment and foreclosure Charges | Nil | No locking period | 6 months locking period | Pre payment available, Part payment is not available |
8 | Maximum Moratorium Period | Course duration + 6 months | Course duration + 12 months | Course duration + 12 months | 18 months |
9 | Repayment |
|
|
|
|
10 | Maximum Repayment Period | 10 Years (excluding moratorium) | 12 years | 15 years | 10 Years |
11 | Co-Applicant | Parents / Spouse / Brother / Sister / Legal Guardian | Immediate family member -Has to be in blood relation | Immediate family member - Mother, Father, Sibling, Paternal & Maternal uncle | Parents / Spouse / Sibling / Blood Relative / Parent in Law |
12 | Insurance | As applicable | Covered | Covered | Optional |
13 | Contact Details |
North & East – Ankit Jain – +91-9654611713 South – Pramod Shetty – +91-9538397788 West – Prashant Singh - +91-7045359707 Central Team – Sandeep Date - +91-9819502354 |
Mr. Anuj Kumar - +91-9718193604 | Mr. Ojashvi Pandey - +91-9871395514 | Gaurav Sikarwar - +91999035630 |