congrats on the admit...
regarding extention of timelines for payment... you need to approach SP Jain for this... they look into such matters on a case to case basis...
regarding the loan... most banks offer you a loan upto the amount of 4L without collateral... for above 4L you need to provide collateral of suitable amount... parents act as guarantors... the max loan amount is 15L... while the rate of interest is around 11.5%... the rate of interest may be substantially lower in a co-operative bank...
hope this helps...
if i were to advise you i'd suggest drop a year and try next year...who knows if you have 93% this year with extra effort and luck next yaer you might get calls from ximb,gim and even xlri...plus you'll have other entrances like snap,nmat and ofcourse the baap of em all cat to look forward to.....with your profile and your score i dont think you should settle for itm...and if you dont want to drop a year look for other avenues but i am seriously against you joining itm..
disclaimer:i have all the due respect for itm as an institute
wid 93%tile u can apply 4 itm navi mumbai its a decrnt inst.
i just hope u were a li'll qiuck .ucud hv applied to liba,xime n kieloskar.Nyways 4 nw oter than itm u can go 4 GIFT ,vizag and XISS ,ranchi.
but itm wud be the best option of all d above.
anyone from bangalore can guide me atleast any landmarks for CBT centre .i am having my cbt tomm.
HNF- Basabesswara nagar
site no. 461/A vinay kunz-3rd stage
any information needed urgently..friends from bangalore help me to locate this centre..
thnx alot in advance..