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#1
3rd March 2018, 01:55 PM
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Can I get loan for my son’s education if having salary account in Axis Bank whose Credit Card Bill exceeds to Rs. 1 Lacs?
Hello, my son want to apply for education loan for doing B.Arch course. I have a salaried account in Axis Bank. I have a credit card and my bill is going to Rs. 1 Lacs this month. In this case, this Axis Bank will give loan to me for my son’s B.Arch course?
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#2
23rd September 2022, 12:18 AM
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Re: Can I get loan for my son’s education if having salary account in Axis Bank whose Credit Card Bill exceeds to Rs. 1 Lacs?
On confirmation of admission , one can easily apply for loan.
For getting education loan , the candidate must have good academic background . Admission must have been secured on the basis of merit or entrance and the college must be a reputed college. Apart from academic background , the credit worthiness is also taken into account of the borrower. If your credit worthiness is not good, the bank may reject your loan application. Thus you must pay your credit card bill first and then apply for loan. |
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