Education and Career Forum

I have got admission in B.E./B.Tech and studying in 1st semester right now. I have paid my admission and 1st semester fees. Now, I have some financial issue in my family. I have newly opened my Bank account 4 months ago. So, can I get education loan to study further semesters? I have opened account in Allahabad Bank. Thus, they will provide education loan to me?

Yes, you can get an education loan for pursuing B.E/ B.Tech course from Allahabad Bank even if you have opened bank account 4 months ago. To apply for an education loan, you should have secured admission in B.E/ B.Tech course in a recognised college/ university. You should have to submit some documents like Admission Proof, Income Proof, Identity Proof, Residence Proof, etc., to bank for processing your education loan. After verifying your documents, your education loan will be sanctioned within 10-15 working days.