Education and Career Forum

Hello sir, I am studying in final year of B.Tech and want to apply for an education loan due to financial crisis of family income. Which bank can provide me sum of money in one week without any security? How to apply for it?

Almost all banks which offer education loan will provide education loan upto 1 lakh without any security. The processing speed , however, depends on the concerned branch from which you are taking education loan. Usually most of the banks, nowadays approve loan within seven days especially when the amount is small. The detailed list of banks which offer education loan is attached below for your kind reference.

There is no fixed time to grant education loan and it will depend on the applicant too. If you are from a good family with property, then the loan might be granted quickly.

Also, without guarantor you will not get an education loan. Hence, make sure you have an earning family member who can become your guarantor. Just walk into any PSU bank and apply for it with the help of bank manager.