27th June 2016, 02:16 PM
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Does Bank offer an Education Loan only for those colleges which has good placement facility?


Hello Sir,
I want to apply a Bank Education Loan for my B.Tech course. I want to know that Bank will sanction an Education Loan to only those candidates who joins colleges which has good placement facility? Please tell me about this asap.





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29th June 2016, 11:29 PM
SudeepKumarSaha
Senior Member+++++
 
Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: Does Bank offer an Education Loan only for those colleges which has good placement facility?

Yes, banks usually prefer to give education loan to the students who take admission in a college which provides good placement opportunities. However, if the college does not give good placement opportunities, then also, bank will sanction loan provided any of the below mentioned factors are satisfied.

- The institute offers good exposure to its students.
- The student has brilliant past academic record .
- The financial status of student's family is good and the co-borrower has a stable source of income.
 
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