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Our Financial Assistance Options

NAMTECH has tied up with Multiple Bank to make easy education loan available to its students.

NAMTECH has partnered with ICICI Bank to easily make education loans available to its
students.
  • Open for Indian students only
  • Loan amount of up to INR 20 Lakhs for higher studies to cover all educational expenses like tuition fees, hostel and living expensest
  • 100% income tax benefit for interest paid under Section 80E of IT Act
NAMTECH has partnered with HDFC Bank to easily make education loans available to its
students.
  • Offer Pricing: 11% rate of interest /annum.
  • Processing Fees : 1% + applicable govt taxes for the loan amount more than Rs. 7.5 Lacs
  • Processing Fees : Nil for loan amount below Rs. 7.5 Lacs
  • Prepayment / Foreclosure charges : Nil
  • Loan Funding – Up to 85% of course fee.
  • Collateral – Free loan option available
  • Tax benefit on interest paid under Sec-80(E)
  • Maximum 15 years option available
  • Loan Disbursement To the University (as mentioned on the admission letter)
NAMTECH has partnered with Axis Bank to easily make education loans available to its
students.
  • No prepayment/foreclosure charges
  • Collateral-free loan option available
  • Tax benefit on interest paid under Sec-80(E)
  • Rate of Interest Secured loans at 10% Unsecured loans at 10.50% (floating interest rate linked to REPO rate)
  • Loan Amount 95% of the total cost; 100% funding option available.
  • Processing Fees Applicable as per Axis Bank’s norms 6 Repayment Type
  • Simple Interest during moratorium period option available 7 Moratorium Period* Course Period + 6months (optional) 8 Repayment Tenure*
  • Maximum 15 years option available
  • Loan Disbursement To the University (as mentioned on the admission letter)
  • Insurance Max Life Insurance
NAMTECH has partnered with HDFC Cedilla Bank to easily make education loans available to its
students.
  • Tuition Fee covered upto 100%
  • Hostel Fee covered upto 100%
  • Loan Amount upto 100% of cost of education
  • Maximum 15 years option available
  • Processing FEE 1% + gst
  • Rate of Interest to student     11% onwards
  • Loan Disbursement To the University (as mentioned on the admission letter)
  • Tax benefit on interest paid under Sec-80(E)
  • Collateral-free loan option available

FREQUENTLY ASKED QUESTIONS

The iPMP program equips CSE professionals with in-demand skills in AI, automation, and smart manufacturing, bridging software and advanced manufacturing. It includes MIT’s 2.008 – Design & Manufacturing II, where participants gain hands-on experience in product design, prototyping, and mass production using data-driven automation. With 170M+ new MET job roles emerging, this program prepares CSE graduates to drive digital transformation in manufacturing.

NAMTECH has a dedicated career services cell that connects with leading companies in the MET sector, ensuring a smooth transition into the industry upon program completion.

Yes, NAMTECH offers a loan facility through partnerships with ICICI Bank, Axis Bank, HDFC Bank, and HDFC Credila to support students financially.

No, the cost is not included. It is approximately ₹4 lakhs, covering flights, lodging, and boarding. The immersion is optional and offers international exposure to the advance manufacturing engineering technologies and practices. Please note the Immersion program is optional, and the expenses will be borne by students.

Yes, Scholarship opportunities of upto 100% on tuition Fee is available based on academic performance, SOP, interview, and family income. Please note that the scholarships are limited.

The program achieved a 100% placement rate, with the highest salary package at ₹16 LPA and an average salary of ₹8.49 LPA.

The upcoming batch for our program is scheduled to begin in first week of August 2025. We encourage interested candidates to apply as early as possible to secure their place.

The course modules are conducted offline at NAMTECH (Campus: IIT Gandhinagar, Gujarat, India).

Candidate with B.E/ B. Tech (pursuing 8th Semester/ Graduated in last 5 years-work experience in MET and Allied domains are encouraged) with a minimum score of 65% or 6.5/10 CGPA scale
Consistently good academic record of greater than 65% in 10th and 12th grade
No backlog whatsoever in 10th, 12th, B.E/ B.Tech and Post Graduation (if valid)

The iPMP at NAMTECH is a one-year residential program preparing professionals for Smart Manufacturing, Robotics, Semiconductors, and Sustainability. Featuring MIT’s 2.008, it offers hands-on training in product design, prototyping, and mass production. With industry collaboration and cutting-edge technologies, iPMP equips participants for global careers in advanced manufacturing.

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