Education and Career Forum

Hello sir, Can I take education loan from any Bank for Tuition Fee Waiver Scheme in UPTU? Please help me and say will SBI can give education loan for TFW seat?

Yes, you can get education loan to meet the expense of your tution fees for the course in UPTU. There are many banks which offer education loan for UPTU. The list of banks is attached below for your kind reference. You can also get education loan from SBI. There is no problem provided you comply with its terms and conditions and complete all formalities as per instructions from the bank.

For sanction of education loan from State Bank of India, you must have loan letter from your institute containing fee structure for both tuition fee and hostel fees. If you have got tuition fee waiver seat then it means that there will no tuition fee charged from you for pursuing bachelor's degree. You will have to pay examination fee and hostel charged.

If you college provides loan letter for remaining fees then only SBI can sanction you education loan otherwise there is no chance to get loan sanctioned. For any more details, you can visit official website of education loan portal, https://www.vidyalakshmi.co.in/Students/.

*Tuition waiver candidates are not eligible for taking education loan from any bank of India because your tuition fees is already waived by UP government then for which amount loan will be sanctioned.

*You can apply for loan for hostel fees but for that you need to submit hostel fee education loan letter from your institute then only bank will consider your application for education loan.