Education and Career Forum

Hello Sir,
I got 75% of marks in Uttarakhand Board in 12th standard. I want to study B.Tech. I want to apply for Education Loan for my B.Tech course. I have a student account in Andhra Bank. Can you please tell me the Loan facility available in Andhra Bank for my Education?

Originally Posted by Unregistered

Hello Sir,
I got 75% of marks in Uttarakhand Board in 12th standard. I want to study B.Tech. I want to apply for Education Loan for my B.Tech course. I have a student account in Andhra Bank. Can you please tell me the Loan facility available in Andhra Bank for my Education?

Andhra Bank provides education loan for students who have secured admission to a higher education course in a recognized institution through Entrance Test / Merit based selection process after completion of 10+2. The eligibility for loan is determined based on employability of the course and reputation of the institution. For a loan of up to Rs 4 lakhs no security is required. Parents must be joint borrowers. For a loan above Rs 4 lakhs and up to Rs 7.5 lakhs, third party guarantee needed as security. Parents also must execute the document as joint borrowers. For over Rs 7.5 lakhs, collateral security of suitable value is required. Candidates can contact any one of the Andhra Bank Branch for more details regarding education loan. Andhra Bank Education Loans website link is given Click Here