Education and Career Forum

Hello, my question is related to bank loan... am planning to study abroad and want to take 100%loan, my expenses and college fee wil come up to 9lakh but for UK visa they want me to show 9600 pounds per year, so i have to show my living expenses alone 8lakh, so can i bank show a sanction letter of more 2 lakh, i mean can they help me for visa stuff... please advise...

Technically, you can seek personal loan from some family member. Being a student, you might not get beyond fixed loan amount from the bank. Bank interest varies between 12 to 13 per cent annually. Incase of India, you can get a loan of Rs 10 lakh approximately while for abroad studies, Rs 20 lakh can be granted. Some banks can provide loans amounting Rs 1 crore against residential property like land.