#1
17th March 2015, 03:08 AM
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Can I get total expenses covered under Education Loan to study Engineering in Abroad?
Friends,
I want to study outside India. I am studying in 10th standard. After my 12th I will go outside India and do Engineering course. Kindly tell me that I get education loan of all my expenses if I want to go outside India for study purpose? |
#2
19th March 2015, 09:50 PM
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* The main aim of educational loan scheme is to provide financial support from the banking systems to deserving/ meritorious candidates to pursue their higher education in India or abroad.
* The expenses considered for the loan are as follows: 1. Fees payable to college/ hostel. 2. Fees payable to Examination/ library/ laboratory. 3. Fees payable to purchase of books/ equipments/ instruments/ uniforms. 4. Caution deposit/ building fund/ refundable deposit. 5. Travel expenses. 6. Any other expenses like project works, thesis etc.., * For studies in abroad the banks will provide a ceiling maximum of Rs.15 lacs. * Candidate should have secured a minimum of 60% aggregate marks in the qualifying examination to pursue the graduation course in abroad. |
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