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5th August 2015, 02:18 PM
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Banks cannot sponsor Education Loan more than Rs.10 Lacs? Possibility to do Pilot Training Course which costs Rs.20 Lacs?


Dear Friends,
I want to study Pilot Training Course and its total expenses is above Rs. 20 Lacs. I want to apply for an Education Loan. But I have heard that Banks cannot avail Education Loan more than Rs. 10 Lacs. Is it true? If yes, then what are the options for me in this situation?





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  #2  
27th July 2018, 08:29 PM
ajayrocks007
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Join Date: Mar 2012
Location: New Delhi
Posts: 19,094
Default Re: Banks cannot sponsor Education Loan more than Rs.10 Lacs? Possibility to do Pilot Training Course which costs Rs.20 Lacs?

It depends on the bank, in which you are applying for education loan. Some small banks have a limit, like 10 lakhs for study in India and 20 lakhs for studying abroad.

Some banks don't have any such limit and you can get education loan according to your requirement and collateral security. Contact top banks like SBI, HDFC, ICICI, etc.




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