Education and Career Forum

I have got admission in B.Tech college. I am studying in 1st semester. Though I have paid for admission and 1st semester. Now, I got financial crisis in my family. I have newly opened my Bank account 2 months ago. So, can I get loan to study further semesters? I have opened account in State Bank. Thus, they will give loan to me?

Originally Posted by Unregistered

I have got admission in B.Tech college. I am studying in 1st semester. Though I have paid for admission and 1st semester. Now, I got financial crisis in my family. I have newly opened my Bank account 2 months ago. So, can I get loan to study further semesters? I have opened account in State Bank. Thus, they will give loan to me?

Education loans are offered to students for higher studies based on the students’ academic strength, future employability of the course, securities given, etc. Therefore, you can apply for an education loan in State Bank of India to pursue your studies. You have to contact the SBI branch and apply for an education loan. You have to provide the necessary documents for obtaining an education loan. You can get up to Rs 10 lakhs as an education loan for studies in India. You should have obtained admission through an entrance examination or merit based selection process to avail an education loan.