Education and Career Forum

Hello sir, I have competed graduation from India and now want to study MBA from London. Can I get education loan to study in abroad? Maximum time to repay the loan?

Yes, you can definitely opt for education loan in order to study in abroad. You can get education loan to meet the expense of your MBA course provided you get admission call from a well recognised institute and comply with the terms and conditions of education loan. The maximum amount of time for repayment of education loan varies slightly from bank to bank. Usually the maximum period of repayment is in the range of 7-10 years.

For education loan you need to first secure admission at a recognized university in London first. After admission is confirmed you can apply for education loan at your nearest bank branch.

You have to start paying EMI after getting job or after completion of course which will be calculated according to your loan. Hence, just get admission as soon as possible and apply for loan.