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  #1  
16th July 2017, 07:35 PM
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Chances to get further education loan from SBI if have already taken one loan?


I have already taken an education loan of 4 lakh from SBI to study B.Tech course. Now, I want to know can I apply for further an education loan in SBI to get admission in Centre for Development of Advanced Computing?




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  #2  
21st July 2017, 02:25 PM
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Default Re: Chances to get further education loan from SBI if have already taken one loan?

Quote:
Originally Posted by Unregistered View Post
I have already taken an education loan of 4 lakh from SBI to study B.Tech course. Now, I want to know can I apply for further an education loan in SBI to get admission in Centre for Development of Advanced Computing?

It is better to clear the first education loan and then apply for a fresh education loan or candidate has to start paying the previous education loan EMI. Candidates can apply for another education loan, but the branch manager of SBI has to decide about the loan allotment. Bank Manager will assess the situation and based on it, he will take the decision. It is very difficult to get a second loan without completing the first one. Candidates can contact the SBI branch in person for more details.
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