Education and Career Forum

Hello sir, I want to study MBA through distance education mode from SSK College so, I need financial support. Please tell me can I an education loan of 1.5 lakh from government bank? Terms and conditions for it?

Originally Posted by Unregistered

Hello sir, I want to study MBA through distance education mode from SSK College so, I need financial support. Please tell me can I an education loan of 1.5 lakh from government bank? Terms and conditions for it?

Students can get education loan of Rs 1.5 lakh from nationalized banks for studies. Many nationalized banks offer education loans to students to pursue their education. Students must have secured admission in any of the recognized colleges/institutions/universities to avail an education loan. Applicant must be an Indian citizen to avail an education loan. Students have to contact any bank branch for an education loan. They have to produce the necessary documents to get an education loan. Education loan covers the expenses like tuition fees, hostel fees, cost of books, equipment etc. For an education loan of Rs 1.5 Lakh there is no margin money required. Applicant’s parents must be Co borrowers. They have to produce documents like AADHAR Card, PAN Card, Proof of Identity, Proof of Income, Six months bank statement etc. to avail an education loan.