Education and Career Forum

Sir, I have got placed in ICFAI Business School for MBA program. I am looking for education loan. As my father is working in a Government sector so can I get loan? Total course fee of MBA in ICFAI Business School is Rs. 6 Lacs and I have paid Rs. 1.45 Lacs at the time of admission. But 4.55 Lacs is remain to be pay. I want to get loan of 4.55 lacs.

Yes, you can get an education loan for pursuing MBA course at ICFAI Business School. To get an education loan, you have to apply for it directly by visiting the bank branch or through online at the respective bank official website. The whole amount required to complete the MBA course will be offered by the bank as an education loan. After submitting the education loan application, you have to submit other required documents like Income Proof, Address Proof, Identity Proof, Admission Letter, etc., for processing your education loan.

Originally Posted by Unregistered

Sir, I have got placed in ICFAI Business School for MBA program. I am looking for education loan. As my father is working in a Government sector so can I get loan? Total course fee of MBA in ICFAI Business School is Rs. 6 Lacs and I have paid Rs. 1.45 Lacs at the time of admission. But 4.55 Lacs is remain to be pay. I want to get loan of 4.55 lacs.

Yes, you can get an education loan of Rs 4.5 Lakhs to study MBA in ICFAI Business School. You can get education loan based on your academic strength, securities offered, future employability of the course, etc. You have to contact any bank branch or can apply online for an education loan. You can apply for an education loan to study MBA in ICFAI Business School in the following banks: SBI, PNB, Andhra Bank, OBC, BOB, Canara Bank, Corporation Bank, Syndicate Bank, Central Bank of India, BOI, UCO Bank, Indian Bank, HDFC Bank, Axis Bank. Some of the non banking financial institutions like Credila Financial Services & Avanse Financial Services.

Yes you can get loan of Rs. 4.55 Lakh from any bank.
If your amount is less i.e. under Rs. 5 Lakh then there is no need of guarantor. You can get loan without any guarantor.

List of banks which provides education loan are as follows:-
State Bank of India
Indian Bank
UCO Bank
Bank of India
Central Bank of India
Dena Bank
Bank of Baroda
Punjab National Bank
HDFC
HSBC
Axis Bank