#1
4th May 2016, 09:59 PM
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Details of an Education Loan scheme to study Diploma in Fire & Safety Engineering?
Hi Friends,
I want to do Diploma in Fire & Safety Engineering course. I want to get an Education Loan for this course. Can you please provide me the details of an Education Loan for this course? |
#2
7th May 2016, 01:46 PM
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Re: Details of an Education Loan scheme to study Diploma in Fire & Safety Engineering?
To get an Education laon to study Diploma course in Fire and Safety Engineering :-
You must have to get an admission letter from the college where you have got admission and you need to contact the bank branch manager where you wish to take an education loan. By submitting all the documents asked by bank which are related to your studies and security, your loan will be sanctioned within 2 weeks of time. |
#3
8th May 2016, 01:58 PM
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Re: Details of an Education Loan scheme to study Diploma in Fire & Safety Engineering?
You can definitely opt for education loan in order to pursue diploma course in Fire and Safety Engineering. Since you are aiming diploma course, so the loan amount will not be high. Hence you can get it sanctioned easily. For detailed terms and conditions, you need to approach the bank and get the details from the branch manager. Usually the terms and conditions depend on the loan amount which you are seeing like for loan more than 4.5 lakhs you will need a third party guarantor, for loan above 7.5 lakhs you will need mortgage and so on. The interest will be calculated as simple interest for the entire study period and it will fluctuate in the range of 13-14.5 percent as per orders from Reserve Bank of India. You will need to start the repayment after six months from the year of completion of your study course or on getting a job whichever is earlier.
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