INVESTING IN YOUR FUTURE

Education Funds Of India (EFI), a unit of LSBCA Educational Trust is incorporated under Indian Trust Act 1961 and providing finance to the students or the parents of students for studying professional courses at London School Of Business & Certified Accountants.

The Education Funds of India is not accepting any deposits from public and not making advance to public at large. It is providing education loan only to registered students of LSBCA. The Education Funds of India is not a registered as a Loan company with Reserve bank of India or any other authority. Because of not providing loans to public at large from public funds. EFI providing education loan from its own trust funds to those students / parents who are not able to arrange education loan from commercial banks.

You can opt for the education loan provided by “Education Funds of India”.

Rate of Interest: 10% on following courses: ACCA, CIMA, ACCA+B.COM, ACCA + BSc. Applied Accounting Oxford Brookes University.

Rate of Interest: 10% on following courses: ACCA+CA, ACCA+CFA, ACCA+CPA.

Payable as following

  Indian Student Foreign Student
At the time of admission Rs 30,000/- GBP 300
Monthly Installments (for 70 months) Rs 10,070/- p.m. GBP 82
Loan processing fee (one time) Rs 5000/- GBP 150


How to apply:
The Full time student can apply with joint application of earning parents. Parents will be responsible to re-pay the loan with interest till the maturity of the loan.

Documents required:
Last 3 years IT returns, Pan Card and address proof certificate, student Loan insurance policy in the favor of Education Funds of India, Photo of student and parent (co. Applicant) and all postdated monthly Account payee cheques of the loan and interest amount in favour of Education Funds of India.

Guarantor:
One acceptable guarantor is required.

Loan processing Fee:
Non refundable Rs. 5000 for Indian Resident and GBP 150 for international students payable to Education Funds of India.
Loan Insurance premium: as per insurance company.
A declaration letter from parents ( co-applicant ) for having their own arrangement for payments to “The Association of Chartered Certified Accountants ( ACCA UK ),” towards ACCA registration fee, Annual Subscription, exam fee, and any exemption fee. GBP 5 per month will be charge additional on the payment by credit card / Debit card.

Installment Chart for Indian Student

Program Education Loan Rate of Interest Re-Payment Period Monthly Installment Rupees
ACCA for 12th Rs. 5,32,500/- 10% 70 MONTHS Rs. 10,071/-
ACCA for B.COM Rs. 3,45,000/- 10% 40 MONTHS Rs. 10,178/-
CIMA for 12th Rs. 5,32,500/- 10% 70 MONTHS Rs. 10,071/-
CIMA for BBA Rs. 3,45,000/- 10% 40 MONTHS Rs. 10,178/-
ACCA + CFA Rs.6,00,000/- 10% 80 MONTHS Rs. 10,306/-
ACCA + CA Rs.6,00,000/- 10% 80 MONTHS Rs. 10,306/-
ACCA + CPA Rs.6,00,000/- 10% 80 MONTHS Rs. 10,306/-


CANARA BANK

ACCA has association with CANARA BANK. They now provide student loans to anyone who wishes to apply for any of the ACCA qualifications



For more information on dual course, exemptions, or any other details please contact by means of