Education and Career Forum

Sir I already have completed one year in MBA am I do i eligible for education loan?

Can I get an education loan for 2nd year of my MBA?

Well, the answer to the above question is - Yes, a student can be eligible for a second education loan. For this, they can either apply for a second education loan from the bank they already have taken their first loan from or they can apply to a different bank.

Educational loans in India can vary between Rs. 1 lakh to upwards of Rs. 30-50 lakh.

Yes,you can approach any public sector or private sector bank.Documents required is for education laon is:-

*Candidates academic marksheets of previous semester

*Education loan letter from your college containing fee structure.

*Candidates address proof and identify

*And the last Income tax certificate of your parents.

For applying loan, candidate must have completed 18 yrs of age.
They must have a good academic background.
They have secured admission to any of recognised institution or course.
Some of the banks that provide easy loan
Axis Bank
Bank of Baroda
HDFC Bank
Tata Capital etc
Yes you can apply for loan for 2nd year also.

Yes you can get education loan in second year.

For processing this application you must submit your first year mark sheet along with original receipt of fee paid.

You must route your application from vidya laxmi portal to your bank.

Can I get education loan for 2nd year of MBA?
Yes, if you had completed one year in MBA and need education loan in 2nd year of MBA so you can get education loan.