Education and Career Forum

Sir,
I am recently join MBA program in IIPM Delhi.
I want to apply for Education Loan from any Bank.
So, I want to know that for IIPM course I can
apply for Education Loan because I have heard that
most of the Banks doesn't provide Education Loan.

Yes, you can apply for the educational loan. The main aim of the educational loan is to provide financial assistance from the banking system to pursue higher education in India or abroad. Educational loans are provided only for recognized courses like Graduation, post graduation, Professional and technical courses etc..,. To apply for the educational one must be a citizen of India and should have secured admission in any of the recognized college/ institute. The maximum educational loan amount sanctioned is Rs.7.5 lacs for studies in India and Rs.15 lacs for studies in abroad.

All nationalized banks provide the educational loan if he/ she fulfill the required eligibility criteria of the respective bank. Some of the nationalized banks are State bank of India, Punjab National bank, HDFC bank, ICICI bank, Axis bank etc..,

Originally Posted by Unregistered

Sir,
I am recently join MBA program in IIPM Delhi.
I want to apply for Education Loan from any Bank.
So, I want to know that for IIPM course I can
apply for Education Loan because I have heard that
most of the Banks doesn't provide Education Loan.

Yes, You can apply for the Education Loan from any of the bank regarding the Course in IIPM Delhi. Yes, there are many Banks you a=sanction the Loan only to the government funded University or the Organization. Therefore these banks do not sanction the Loan to the Private owned institution. So, i will suggest you to get the Loan from ICICI Bank.