Education and Career Forum

sir i am studying in iddmp course in jntu hyderbad. i had three backlogs.now i am looking for the education loan so am i eligible to get loan from government banks at simple securities

I am extremely sorry to state that you cannot get education loan from government banks at this moment. This is because :-

- Government banks have a strict check on all the norms of education loans.
- One important norm of the bank is the academic performance of the student.
- Since you are having three backlogs, so no government banks will look forward to offer you loan because of your poor academic condition.
- In order to avail loan, you need to clear the backlogs with good grades as soon as possible and then apply for loan.
- You need to make sure that you take a loan of less than 4.5 lakhs if you do not want complex securities like mortgage of house, land, etc.

Sir I want to join in iddmp at JNTU .will any education loan is given to me to complete my five year education?