#1
14th June 2016, 06:54 PM
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Does Bank offer total expenses of MBA offered under management quota?
Hello, Kindly tell me that if I get admission in MBA through Management quota then the Bank will provide me the whole expenses which will costing under management quota. Because, I know that under this quota the fee expenses generally increases. So, bank will provide Loan amount of that much expenses?
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#2
15th June 2016, 10:53 PM
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No, the bank will not allow the entire expense under management quota. The amount which was required for admission through management quota will not be provided by the bank in the form of education loan. Education loan will provided for the study expense like tution fees charged by institute, institutional fees, hostel fees, books and laptop cost, mess fees, etc. Apart from study related expense, nothing else will be provided by the bank under education loan. The exact amount which the bank will provide as education loan depends on the loan amount which you get sanctioned.
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