Laptop Loan Letter: Fill & Download for Free

Tuition fee at IITs is rs. 1 lakh per semester ; However students whose annual family income is below 1 lakh get full tuition fee waiver i.e. you dont need to pay tuition fee at all . All the remaining fees rounds up to only Rs.40,000 which includes everything .And if you are unable to pay this amount too ; you may apply for education loan on the very same day when you report at your institute . Bank officials will be ready there to offer you a loan . Actually banks will be happy to offer you the loan . You just need to have a seat allotment letter given by JOSAA which you will get at the end of 7th round of seat allotment.This loan will include your fees , laptop and sometimes even your course textbooks and many other expenses (loan structure may vary bank to bank) . You just dont need worry about your financial status when you are going to be the part of the prestigious institutes like IITs .Peace !!!

This is a must read letter from a Widow who is a Chartered Accountant….Hello Friends,Few things I learnt after my husband’s death.We always believe we will live forever & bad things always happen to others.Only when things hit us bang on our head do we realize… Life is sounpredictable….!My husband was an IT guy. All techie. And I am a Chartered Accountant.Awesome combination you may think.Techie guy, so everything is on his laptop....his 'to do' list, hise-bill and his bank statements in his email. He even maintained afolder which said IMPWDS, wherein he stored all Login id and passwords for all his online accounts. And even his laptop had a password.Techie guy, so all the passwords were alpha-numeric with a special character not an easy one to crack. Office policy said passwords needed to be changed every 30 days. So every time I accessed his laptop I would realise it’s a new password again. I would simply opt to ask him, ‘What’s the latest password?’ instead of taking the painto memorize it.You may think me being a Chartered Accountant would mean that everything is documented and filed properly. Alas, many of my Chartered Accountant friends would agree that the precision we followwith our office documents and papers do not flow in to 'day to day' home life.At office, you have to be an epitome of Reliability /Competence / Diligence, etc., but at home, it's "there is always atomorrow".One fine evening, my hubby expired in a bike accident on his way home from office. He was just 33. His laptop with all his data crashed.Everything on his hard disk wiped off. No folder of IMPWDS to referback to. His mobile with all the numbers on it was smashed. But, that was just the beginning. I realized I had lot to learn.Nine years married to one of the best human beings, with nokids......just the two of us to fall back on.....but now I stood allalone and lost!Being a C. A. helped in more ways than one, but it was not enough. I needed help. His saving bank accounts & his salary bank accounts had no nominee. On his insurance, his mom was the nominee and she had expired almost 2 years back. But this was just a start. I didn’t know the password to his email account where all his e-bills came. I didn’tknow which expenses he paid by issuing 'standing instructions'.His office front too was not easy. His department had changedrecently. I didn’t know his reporting boss's name to start with. When had he last claimed his shift allowance; his mobile reimbursement?The house that we had bought with all the excitement was on a bank loan. Thought that with our joint salaries, we could afford the EMI.When the home loans guys suggested insurance on the loan, we decided that instead of paying the premium on the insurance, the difference in the EMI on account of the insurance could be used to pay towards prepayment of the loan and bring the tenure down. We never thought what we would do if we have to live on a single salary. So now there was huge EMI to look into.I realized I was in for a long haul.Road accident case. So everywhere I needed a Death Certificate, FIR report, Postmortem report, etc. For everything there were formsrunning into pages, Indemnity Bonds, Notary, Surety to stand up for you, 'No objection' certificates from your co-heirs, etc., etc.I learnt other than your house, your land, your car, your bike arealso your property. So what if you are the joint owner of the flat?You don’t become the owner just because your hubby is no more. So what if your hubby expired in a bike accident and you are the nominee, but if the bike is in a repairable condition, you have to get the biketransferred in your name to claim the insurance. And that was again not easy. The bike or car cannot be transferred in your name without going through a set of legal documents. Getting a Succession Certificate is another battle altogether.Then came the time you realize that now you have to start changing all the bills, assets in your name. Your gas connection, electricity meter, your own house, your car, your investments and all sundries.And then, change all the nominations where your own investments are concerned. And again, a start of a new set of paperwork.To say I was shaken, my whole life had just turned upside down, was an understatement. You realize you don’t have time to mourn and grieve for the person with whom you had spent the best years of your life, because you are busy sorting all the paper work.I realized then how much I had taken life for granted. I thought being a chartered accountant, I am undergoing so many difficulties. What would happen to someone who was a home maker, who wouldn’t understandthis legal hotchpotch?A sweet friend then told me, "Dear, this was not an end. You have no kids; your assets will be for all who stand to claim after my hubby’s sudden death. I realized it was time I took life more seriously. I now needed to make a Will. I would have laughed, if a few months back, ifhe had asked me to make one. But now, life had taken a challenging twist.Lessons learnt this hard way were meant to be shared. After all, why should the people whom we love the most suffer after we are no more?Sorting some paperwork before we go will at least ease some of their grief.1. Check all your nominations:It’s a usual practice to put a name (i.e., in the first place if youhave mentioned it) and royally forget about it. Most of us have named one of our parents as a nominee for investments, bank accounts opened before marriage. We have not changed the same even years after theyare no longer there with us. Even your salary account usually has no nomination. Therefore, kindly check all your Nominations.- Bank Accounts- Fixed Deposits, NSC- Bank Lockers- Demat Accounts- Insurance (Life, Bike or Car or Property)- Investments- PF & Pension Forms2. Passwords:We have passwords for practically everything. Email accounts, Bank accounts; even for the laptop you use. What happens when your next ofkin cannot access any of these simply because they do not know your password. Put it down on a paper.3. Investments:Every year, for tax purposes, we do investments. Do we maintain a excel sheet about it. If so, is it on the same laptop of which thepassword is not shared? Where are those physical investments hard copies?4. Will:Make a Will. I know you will smile; even I would. Had I not gonethrough all what I did. It would have made my life lot easier, a lotless paperwork. I wouldn’t have had to provide an indemnity bond, get it notarized, ask a Surety to stand up for me, no 'no objection'certificates from others, etc.5.Liabilities:When you take a loan say for your house or car, check out on all thewhat ifs.....what if I am not there tomorrow? what if I lose my job?Will the EMI still be within my range? If not, get an insurance on the loan. The people left behind will not have to worry on something as basic as their own house.My battles have just begun…But let us at least try and make fewchanges so that our loved ones would not suffer after we go. We do not know what will happen in the future. But, as the Scout motto goes: “Be prepared.”I had read this story long back on facebook, so thought of sharing it.

On the basis of your IIM Admission Letter for MBA/PGP.and yes, it’s pretty easy.You won’t have to do anything literally except submitting your documents.How does it work?Step 1: Within a few days after getting the confirmation letter for admission, you will receive emails from Banks (available in Campus) offering education loans.Collateral free loans are available. Interest % might be .05% to .1% higher. I preferred this one during my MBA at IIM LucknowStep 2: Banks will ask you to submit your documents (ID Proof, Admission Letter, DOB Proof, etc). Either you can submit it once you reach the campus or you can scan the documents and share it by email.To avoid any hustle at the last moment, I preferred submitting all the documents online itself.I was kind of sceptical in the beginning but Bank Manager at Central Bank of India (IIM L) was pretty helpful. Always available on calls. He solved all the queries.Step 3: You will get an email saying that this much amount of loan has been allotted for you.Loan Amount Allotted = Laptop Amount + Tuition Fee + Hostel/Mess Fee + Summer Exchange Fee + Monthly Pocket Money of 5k/10kNote: The allotted amount is the maximum amount that you can take from Bank. For eg. You can just take the 50k loan out of the allotted amount, and you will be paying interest only for 50k.Step 4: Reach IIM Campus and go to the bank. Just sign at the documents and ask for the amount that you need as a loan.You will get the receipt which you can use for the registration purpose in the admin. office.You will also get details of the loan amount, savings account (Passbook, Cheque Book, Debit Card, etc) where you will get the monthly pocket money (only if you opt for it).Step 5: Whenever you need any amount, just drop the bank an email or just go to the bank and get the amount.Step 6: NOTHING. It’s all done already.See, pretty simple. Isn’t it?Hope this helps!