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  #1  
23rd October 2015, 02:11 AM
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Can I apply for Education Loan of Rs. 18 Lacs to study Pharma.D in Bangalore?


Sir,
I have finished my 12th with 79% mark. Can I apply for an education loan to study Pharma.D in Bangalore? The total cost for the college is Rs. 18 Lacs including hostel and food. The college is EastWest college of Pharmacy. First year it is about Rs. 5 Lacs including fee hostel and food. I need to get an education loan.




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  #2  
15th November 2015, 12:50 PM
SudeepKumarSaha
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Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: Can I apply for Education Loan of Rs. 18 Lacs to study Pharma.D in Bangalore?

Yes, you can definitely apply for education loan to meet the expense of your Pharma S. course in Bangalore provided you get admission in a well recognized institute. However, you cannot opt for education loan of 18 lakhs which is the total cost of your course. This is because the maximum permissible loan amount is 10 lakhs for study in India. Hence you can opt for education loan of 10 lakhs and rest 8 lakhs are needed to be given by you.
Do you have any question? or have anything to say?



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