Education and Career Forum

I am interested to study MCA in VIT. For this, I am preparing it's entrance exam so that I can secure excellent percentile and secure admission in VIT. But my problem is, I wouldn’t able to bear the expenses. For this I want to apply an education loan and I have heard about the Education Loan scheme which is provided by Kotak Bank. Can you please provide me the details of this loan scheme?

Those who are Indian resident and have secured admission in any professional/technical/degree course are eligible for education loan.

Must have taken admission in a recognised college.

Can get upto INR 10 lacs for Indian colleges and INR 20 lacs for abroad.

No collateral security is provided for loan upto INR 4 lacs.
For loans above 7.5 lacs , both collateral security and third party gurantee is required.