#1
18th May 2015, 09:23 PM
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Detailed information about Education Loan scheme to study B.Tech for a candidate who has secured 91% in 12th and scored 134 marks in JEE Main?
Respected Sir,
I have passed class 12th with overall 91% and 93.3% in PCM. I got 134 marks in JEE Main and now I am preparing for JEE Advance. Please tell me any Education Loan scheme for me for study B.Tech. Waiting for your reply. |
#2
23rd May 2015, 02:04 PM
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Yes, you can definitely get admission to pursue your b.tech course. You can get education loan up to 10 lakhs. You can get the education loan if you get admission in a well recognized and reputed institute of India and your family has a stable source of income. The interest will be computed as simple interest. For loan above 4.5 lakhs you will need a third party guarantor and 15% security deposit and for loan above 7.5 lakhs, you will need a third party guarantor, mortgage of pretty like land,vehicle,house,etc. and 20-25 % security deposit depending on the concerned bank. The interest rate usually fluctuates around 13-14 percentage.
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