Loan from all national banks are available. SBI XL branch is top facility in this regard with minimal paperwork and lowest amount of hassles.
Loans are pretty easily available from banks situated nearby which offer decent terms. These are called 'scholar loans' typically available to students from a list of top institutes of the country.
Several in-house and sponsored scholarships are available. Student loans are easily available at sbi branch at Xlri itself without collateral.
There are very few scholarships that are offered by the college. There is one scholarship which is in the name of an ex student which you can apply for only after you start college. It is given based on you achievements before you entered XLRI. XLRI has tie up with State Bank of India for loans and it offers better rates than what you get in the market.
SBI Scholar loan is apt and easily disbursed if one has necessary documentation in place, Other PSU and private bbanks also fund the popular courses
There are various scholarships XLRI keeps floating on a regular basis. One of my batchmates got a scholarship of 2 lacs from the institute (for his exemplary overall performance and not-so-good financial condition).
Scholarship is offered to those who have performed well in entrance xam and also hv gud academic background.
A number of scholarships are offered by the institute and also various Corporate players like Tata, Birla, Jindal etcMost of these scholarships are merit based.
Being an XLRI golden jubilee scholarship holder myself, i can vouch for the scholarahip and financing aspect of the college. Its well financed and aupported by the trust.
Most of the banks offer education loan to people securing a seat in XLRI. SBI which has a branch near to the campus offers attractive education loans for the students.There are number of merit based scholarships available for the students from the government and private corporate.