#1  
7th June 2016, 02:39 PM
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Can I get Student Loan if selected for studying MBA in The London Business School?


Respected Sir,
I would like to know that if I am selected for studying MBA in The London Business School then can I get a Student Loan?





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  #2  
7th June 2016, 09:38 PM
Saikiranreddy47475
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Join Date: Jul 2013
Posts: 14,288
Default Re: Can I get Student Loan if selected for studying MBA in The London Business School?

You can get an Education loan for pursuing MBA course in The London Business School. To get an Education loan of more than Rs.7.5 lakhs, you need to submit tangible Collateral security documents to bank which are equal to loan amount. You must have to submit your admission letter, Academic Certificates, Income Proof (of your Guranator), Identity Proof, Address Proof, Passport Size Photographs, Property documents, etc.,. which are asked by bank. By submitting all the documents asked by bank, your education loan will be sanctioned within 10-15 working days.
  #3  
8th June 2016, 02:16 PM
Career Expert
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Join Date: Feb 2016
Posts: 4,375
Default Re: Can I get Student Loan if selected for studying MBA in The London Business School?

Yes, you can get Student loan which is commonly known as Education loan for pursuing your MBA course in The London Business School. The Education loan are offered to candidates only who have secured admission in a Government recognised Institute/ University.

For getting an Education loan to study MBA course in The London Business School, you must have to follow the below mentioned procedure :-

=> Try to know the loan details regarding documents required, loan repayment period, process, time taken to sanction loan, etc.,. by contacting bank manager or you can also know the details through bank official website.

=> Once, you got clear idea regarding the loan process, you need to arrange all the documents and submit them to bank. Documents required that you need to submit to bank to get an Education loan are listed below :-
-> Application Form
-> Admission Letter
-> Identity Proof
-> Residence Proof
-> Income Proof (Salary Slips/ Income Tax Returns)
-> 10th, Inter and Graduation Marks Sheets
-> Passport Size Photographs
-> Collateral Security Documents

Once, you submit all the above mentioned documents to bank, they will verify your documents and sanction your education loan within 2-3 weeks.
Do you have any question? or have anything to say?



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