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#1
17th June 2019, 01:59 PM
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Can I get an Education Loan again of Rs. 5 Lacs if already pursuing MEng in USA with loan of Rs. 18 Lacs?
Sir/Madam, I am studying MEng in USA with loan sanctioned by Bank of Rs.18 Lacs against my family’s property. Now due to some miscellaneous expenses, I need more Rs. 5 Lacs which my Bank doesn’t provide me. So, I want to know which are the other banks which sponsored my Rs. 5 Lacs of Loan for my education?
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#2
22nd June 2019, 07:28 PM
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Re: Can I get an Education Loan again of Rs. 5 Lacs if already pursuing MEng in USA with loan of Rs. 18 Lacs?
Most of the banks will deny another education loan when you are already studying on an education loan. Therefore, it will be very difficult to do so. Just contact the concerned bank manager and explain the situation.
It will depend on the credit capability of the applicant and guarantor to get any further loan. This is the time when your credit score will come into play. |
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