15th December 2013, 02:24 PM
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Can I get study loan for MCA?

sir,Am i got education loan to study MCA? I mean can I get for this course of MCA?

29th December 2013, 09:35 PM
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Join Date: Mar 2011
Location: CHENNAI
Posts: 3,147
Default Re: Can I get study loan for MCA?

Originally Posted by Unregistered View Post
sir,Am i got education loan to study MCA? I mean can I get for this course of MCA?
Hey friend,

MCA is a PG course and for doing this course you need to have completed a UG degree in any stream with a fair percentage and you need to write a entrance exam to join in MCA Course.

And yeah you can get study loan for MCA and the way is that you need that:
  • You need to choose the bank which you prefer,it will be better that you choose where you or your parents have their Account,as they may help in sanction of the loan faster.
  • Then you must contact the Branch manager regarding the loan and the amount which you need and the amount they will be able to sanction to you.
  • Then the next things will be submitting your certificates such as your +2 certificates,your Undergraduate degree certificate.
  • You need to submit 2 Passport photographs.

The bank will give a loan of amount of maximum of 10 lakhs.For loans up to Rs.4.0 lacs there will be no Margin .For loans above Rs.4.0 lakhs and you are doing in India means 5%.

16th January 2014, 04:20 PM
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Join Date: Dec 2013
Posts: 2,098
Default Re: Can I get study loan for MCA?

Your merit score in entrance test of MCA as well as graduation will decide upon the loan. You are eligible for the education loan if you wish to pursue the degree. You have to apply for the loan. You need to visit the nearest bank branch where you and family members hold accounts. Your merit score will decide the sanctioning part as bank officials check the borrower’s credibility. Spanning from graduate, postgraduate and doctoral level programs in India, students can get loans.
5th September 2015, 04:57 PM
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Default Re: Can I get study loan for MCA?

What is the lowest percentage of mark scored in degree to get a loan?
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