#1  
7th June 2016, 02:39 PM
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Do I have to submit fee information every year to Bank after getting an Education Loan?


Hello Sir, I would like to know that I have to submit my fee information every year to the bank, where I would take an Education Loan? I am going to do B.Tech and has been applied for Bank Education Loan. So, I need to know about this.





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  #2  
8th June 2016, 02:03 AM
bhushankumar398
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Join Date: Jun 2013
Posts: 1,303
Default Re: Do I have to submit fee information every year to Bank after getting an Education Loan?

You are going to do B.Tech course and want to know whether there is need to submit the fee information every year to the bank. No, there is no need to submit the each year fee information to the bank.

>>You have to submit the complete fee structure of the college (mentioning the fee structure of all 4 years) at the time of applying the educational loan. After sanctioning the loan amount you have to visit to the bank branch when you have to pay the tuition fee to the college. You have to just write an application for making a Demand Draft in the favor of college authority in which you have to mention the tuition fee of that year. There is no need to submit the fee information of college every year to bank
Do you have any question? or have anything to say?



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