#1  
11th November 2018, 12:11 PM
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Can I apply for an Education Loan of Rs. 7 Lacs to study BE(Mechatronics Engineering) in Chennai Institute of Technology?


Sir/Madam, I am a 12th student and I want to do BE(Mechatronics Engineering) in Chennai Institute of Technology after completing 12th. But I need Rs. 7 Lacs for my BE course. Kindly tell me I can apply for an Education Loan or not? Waiting for your reply.




  #2  
18th April 2022, 04:18 PM
Hera tabrez
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Join Date: Oct 2020
Location: Kanpur
Posts: 6,959
Default Re: Can I apply for an Education Loan of Rs. 7 Lacs to study BE(Mechatronics Engineering) in Chennai Institute of Technology?

Yes one can apply for education loan upto 10 lacs for studying in Indian and for abroad studies , it's 20 lacs.


However if the education loan requirement is more than 7.5 lacs or even 10 lacs , one can reach out to other lenders to get collateral free loan

Banks that easily provide loan
Axis Bank
Bank of Baroda
HDFC Bank
Kotak Mahindra Bank
Banks easily provide loan if the institution in which admission has been secured is a reputed institution.
Do you have any question? or have anything to say?





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