Education and Career Forum

I got 3 arrear in my last semester examination did I get my educational loan in canara bank for my next semester fees?

If you have arrears, then firstly you have to clear your old loan account.
Than you have to bring NOC certificate from respective bank .
After this only, you can get new loan amount.
Students get a moratorium period of 6 months , they can immediately apply for second loan.

Yes, the candidate can get educational loan having 3 arrears in last semester.

Banks like Axis Bank, ICICI Bank, HDFC Bank, Federal Bank, State Bank Of India, give loans easily with the interest rate of 7.6% to 10.40% in India.

The candidate should have identity proof and other documents to get loan from any bank.

Can I get an education loan having 3 arrears in last semester?

No, you will not get a loan having 3 arrears in the last semester. Banks can give you a loan if you have less than 3 arrears but most of the banks do not give loans if the arrears are three or more. So, first, you need to clear your arrears then you can apply for the loan in any bank. Private banks will give you loan easier than public banks in India.

No, you can't get education laon having 3 arrears in last semester.