#1
23rd July 2015, 08:21 PM
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Which Bank provides Education Loan of Rs. 45 Lacs to study MBBS in US? Requirements to apply?
Hello,
I am getting admission in MBBS course and it's costing Rs. 45 Lacs in US. I want to apply for Education Loan for studying MBBS in US. Can you please let me know which Banks can provide me Education Loan to this amount? Also tell me what are all the requirements for applying Education Loan? |
#2
26th July 2015, 11:23 AM
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Re: Which Bank provides Education Loan of Rs. 45 Lacs to study MBBS in US? Requirements to apply?
I am extremely sorry to state that you cannot get education loan of 45 lakhs to pursue your MBBS course in USA. This is because the maximum loan amount which can be sanctioned for study in abroad is 20 lakhs. Moreover, the bank will ask for mortgage for loan above 7.5 lakhs. You can approach any bank near your residence and have a discussion with the branch manager concerning the education loan and act as per his/ her instructions to get your loan sanctioned by completing all the requisite bank formalities. However, you cannot take education loan more than 20 lakhs.
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