Education and Career Forum

Hello sir, I am studying in final year of ECE and after completion of BE I wish to study ME course in same stream but I am suffering from financial crisis of my family. Can I get an education loan from Yes Bank? Eligibility to apply for it?

You can apply for education loan surely, but you must have a guarantor or collateral security to get your education loan approved by the bank.

Hence, if you have secured admission, then contact the bank manager of the concerned bank.

Originally Posted by Unregistered

Hello sir, I am studying in final year of ECE and after completion of BE I wish to study ME course in same stream but I am suffering from financial crisis of my family. Can I get an education loan from Yes Bank? Eligibility to apply for it?

Sorry, Yes Bank does not offer education loan. Yes Bank offers Home Loans, Car Loan, Loan against Securities, Bike Loan, Personal Loan, Gold Loan, Loan against Property, Construction Equipment Loan, Commercial Vehicle Loan and Healthcare and Printing Equipment Loan. Therefore, you can apply for education loan for higher studies through other banks like SBI, PNB, Bank of India, Indian Overseas Bank, Indian Bank, Bank of Baroda, Axis Bank, HDFC Bank etc. For taking education loan, you must be an Indian national. Your age should be between 16 to 35 years and should have good academic record. The course must be from the institutions recognized by UGC, AICTE, Government, AIBMS, IMCR etc.

Yes, you can get an Education loan from Yes Bank for pursuing M.E course. You should have secured admission in M.E course in a recognised institution to be eligible to apply for an education loan. To apply for an education loan, you should have to apply for an education loan by submitting the documents like loan application form, 10th standard marks sheet, 12th standard marks sheet, Income Proof, Identity Proof, Address Proof, etc., to bank for processing your education loan.