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13th October 2015, 03:30 PM
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Can I get Education Loan of Rs. 35 Lacs to do Master's in Finance having an experience of over 8 years?


Hello,
I am a professional with over 8 years experience. I am planning to go Abroad for a Master's in Finance Course lasting a year. Cost is in the range of Rs.35 Lacs. Will I get an education loan? I have a good track record of working in MNCs with a good salary. I also have a Master's in International Business from IIFT.





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  #2  
31st October 2015, 06:43 PM
ArunavaBasu
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Join Date: Mar 2015
Posts: 2,155
Default Re: Can I get Education Loan of Rs. 35 Lacs to do Master's in Finance having an experience of over 8 years?

You will be provided an Educational Loan of Rs 20 Lacs as the maximum amount by any Bank.
You need to pay the rest of the money from your own pocket.
You need to apply for the Loan from the Bank of your choice.
You need to provide the letter of admission to the Bank as a document and once you are able to do so your Loan will be sanctioned based on your last IT Return filed and based on the guarantor that you can show.
Do you have any question? or have anything to say?



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