Education Loans .

The selected deserving candidate unable to get loan from the bank, can apply to IILM, New Delhi for Education Loan. In cases where loan is approved, total Rs 100,000 (20% of loan amount) needs to be paid by the candidate in 2 years from his own resources. Remaining amount of Rs. 4 Lacs can be provided as loan, which can be paid back in 5 years after completing this course of 2 years.