Tag: Coaching

  • JK Bank Coaching Fee Loan Scheme Check Eligibility

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    8FE7849C B144 4498 8FF8 2D1476C6FAB6

    NATURE OF FACILITY

    • Term Loan

    PURPOSE

    • Financing fees of coaching classes or institutes that train students for entrance examinations to courses like medicine, engineering and civil services etc. and for other related expenses like lodging / boarding, purchase of Laptop/ PCs / Netbooks / Tablets / Study Material / eTutorials.

    CLASSIFICATION

    • Priority.

    ELIGIBILITY

    • Student should be an Indian National and should have completed Class X or above aspiring for admission in Engineering, MBBS, MBA, Post-Graduation courses etc.
    • Students pursuing graduation/post-graduation course or employed individuals, desirous of competing for Civil Service Exam of UPSC / State Public Service Commission for employment in IAS, KAS, IPS, KPS etc.
    • The students should have secured a minimum of 55% marks in the previous qualifying exam.
    • Age not exceeding the maximum for targeted competitive exam
    • Parent/Guardian only borrower, if age of the student is below 18 years.
    • Parent/Guardian, jointly with the student if age of the student is 18 years or above.

    BORROWER ELIGIBILITY

    • Permanent Employees of State / Central Government, Government / Semi-Government Undertakings, Autonomous Bodies, Public Limited Companies / Private Limited Companies who have been in current employment for a period of not less than two years.
    • Professionals, Self Employed Individuals ,Proprietorship Concerns, Persons engaged in agricultural and allied activities having at least one year satisfactory dealing with J&K Bank.
    • Pensioners State/Central Government, Public Sector Undertaking.

    BORROWER’S AGE

    • Maximum age of Parent/Guardian at loan maturity: 65 years or age of retirement whichever is earlier.
    • If Parent/Guardian is a pensioner maximum age at loan maturity: 68 years

    MAXIMUM LOAN:

    • Rs. 2 Lakh per child for coaching studies in India.
    • Maximum Amount per parent/guardian- Rs.4 Lakh only.

     

    • Finance for purchase of Laptop/ PCs / Netbooks / Tablets / Study Material / eTutorials should not exceed Rs. 40,000/= per student within the overall limit of Rs. 2.00 Lakh.

    QUANTUM OF FINANCE

    • For Permanent Employees / Pensioners: Maximum 18 times of gross monthly salary / pension/ income or 90% of coaching fee (which may include boarding & lodging expenses if available in-house) plus 75% of the other expenses like purchase of Laptop/ PCs / Netbooks / Tablets / Study Material / eTutorials or Rs 2 Lakh per child/student, whichever is lower.
    • For Other Eligible Categories: 1.5 times of average gross annual income of last two years or 90% of coaching fee (which may include boarding & lodging expenses if available in-house) plus 75% of the other expenses like purchase of Laptop/ PCs / Netbooks / Tablets / Study Material / eTutorials or Rs 2 Lakh per child/student, whichever is lower

    PROCESSING CHARGES

    • Rs. 250

    MARGIN

    • 10% of the coaching fee (which may include boarding & lodging expenses if available in-house).
    • 25% of the other expenses like purchase of Laptop/ PCs / Netbooks / Tablets / Study Material / eTutorials

    SECURITY

    • Primary : NIL
    • Collateral: Third Party Guarantee of One person.
    • In case of pensioners, guarantee of one person & guarantee of Spouse eligible for family pension shall be obtained.
    • No third party guarantee required in respect of permanent employees of State – UT and Central Government, State–UT / Central Government Undertakings & Autonomous bodies drawing salary through our Bank and where letter of undertaking from employer is available.

    RATE OF INTEREST (SUBJECT TO CHANGE)

    • RLLR + 2% Floating
    • Click here for rate of Interest

    REPAYMENT

    • 36 months including moratorium period of 3 months.

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    The post JK Bank Coaching Fee Loan Scheme Check Eligibility and Rate of Interest appeared first on Kashmir Publication.

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    ( With inputs from : kashmirpublication.in )

  • ICP’s Free Coaching Helped A Dozen Students Qualify JKAS

    ICP’s Free Coaching Helped A Dozen Students Qualify JKAS

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    by Fahd Khan

    SRINAGAR: In last year’s Jammu and Kashmir Administrative Services examination, the result of which was declared last week, a dozen students enrolled with the Initiative for Competition Promotion (ICP) cracked the coveted examination.

    An ICP event in which teh civil services aspirants are being made aware of the syllabus and methodology
    An ICP event in which the civil services aspirants are being made aware of the syllabus and methodology

    The ICP, a registered trust, was home to 35 students for a year when they were being trained by a few bureaucrats who run the centre for free. The centre provides mentoring and coaching to civil services aspirants.

    “I enrolled in the interview programme of ICP and it helped me to qualify for the exams. It is a good initiative in Kashmir as people lack guidance and environment which is available in Delhi and even in Jammu,” Saqib Rashid, a professional engineer, who secured 10th rank in the recent examination said. “The Institution provides hostel and library facilities for students from far-flung areas. These students get an environment to study which they lack at their homes.”

    Besides, nearly two dozen other lateral candidates from different regions of the UT, who were trained for the interview programme through offline and online orientation classes, expert lectures and mock interviews, have also made it to the service.

    Riyaz Ahmad Rather, who secured 104th rank in the JKAS exam recently said, “Honestly saying, I was groomed at ICP, I was a full-time resident from the last three years. They provide services at minimal charges; it has a suitable environment for doubt clearance. One gets admission to the resident programme only after qualifying entrance exam. Students qualifying mains exam are then admitted to the interview programme.”

    ICP
    ICP conducts screening test for free coaching program for Civil Services Exam-2020

    Yasir Farooq, who secured 120th rank in the examination said, “I owe my selection to ICP. I appeared in KAS 2018 but failed to go through. ICP played the most important role in my selection. I enrolled in 2018 till I qualified. They provide accommodation, test series and guidance. The teachers treat us like their own children. I had an issue with answer writing but the teachers used to evaluate my answers which helped me a lot. I have also twice appeared in the mains examination of the Indian Administrative Services.”

    This year a fair number of female candidates from the ICP made it to the final list of JKAS. Saima Ahad from Gandebal secured 26th rank; Rakshan Peerzada and Hafsa Mohidin placed 31st and 130th in rank respectively this year. Zarqa Naquib, who has secured 74th rank also took regular guidance from ICP.

    Even though ICP doesn’t have a centre in Jammu, many aspirants from the Jammu division had also enrolled at the centre in Srinagar.

    In 2022, nearly 30 outstation students from Jammu and Delhi also availed the benefit of ICP’s Interview Mentorship Programme, an initiative aimed at preparing for the crucial personality test stage of the examination.

    Every year 35 aspirants from across the length and breadth of Jammu and Kashmir enrol with the centre at Raj Bagh. The ICP trust has two small guest houses where all the services including lodging, teaching and library facilities are provided free of cost.

    The aspirants are guided by the officers to help them to achieve their civil service dream. Besides the residential coaching programme, the academy also conducts classroom coaching, Test series and regular awareness campaigns about a career in the civil services are conducted at Centre.

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    #ICPs #Free #Coaching #Helped #Dozen #Students #QualifyJKAS

    ( With inputs from : kashmirlife.net )