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  #1  
2nd January 2015, 07:23 PM
Unregistered
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Which Banks provide Education Loan for B.Tech(Mechanical Engineering) 1st year student?


Hello
Is there any education loan in any bank for a
b.tech 1st year student in mechanical branch????
please tell me about the loan facility immediately....
thank you....




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  #2  
3rd January 2015, 12:35 AM
palugulavenumadhav
Senior Member+++++
  
Join Date: Dec 2014
Location: Hyderabad
Posts: 3,103
Default Re: Which Banks provide Education Loan for B.Tech(Mechanical Engineering) 1st year student?

Government of India in consultation with with RBI and Indian Banker's Association (IBA) has Framed a comprehensive Educational Loan Scheme to ensure that no Deserving student in the country is deprived of Higher education for want of Finances.

ELIGIBILITY:

* Indian National who has secured admission to Professional/ technical courses in recognized Institution in India or Abroad through Entrance test/ Merit based selection process after completion of H.S.C (10+2 or equivalent pattern).

AMOUNT:

* For studies in India : Maximum Rs.10 Lac.

* For studies in Abroad : maximum Rs. 20 Lac.

BANKS OFFERING LOAN FACILITIES :

1. Andhra bank
2. Bank of Baroda
3. State bank of India
4. State Bank of Hyderabad
5. State Bank of Indore
6. Union Bank of India
7. Punjab National Bank
8. Indian Overseas bank
9. Bank of India
10. Bank of Maharashtra
11. UCO Bank
12. Syndicate Bank
13. Vijaya Bank.
14. Corporation Bank.
Do you have any question? or have anything to say?



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