14th June 2015, 11:44 PM
Posts: n/a

Does Banks denied Education Loan facility for Autonomous colleges?

Dear Friends,
I have cleared CAT and I have applied for MBA course in an Autonomous college. I have heard that Bank will not provide Education Loan for an Autonomous college. Is it true? I am not eligible for an Education Loan?

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16th June 2015, 05:17 PM
Senior Member+++++
Join Date: Dec 2014
Location: Hyderabad
Posts: 3,103
Default Re: Does Banks denied Education Loan facility for Autonomous colleges?

No, banks doesn't deny educational loan for autonomous colleges.

Generally the banks provide educational loan for only recognized colleges/ institutes. Also the course studying must be valid and recognized by AICTE/ UGC etc..,

As autonomous colleges are recognized under AICTE, one can avail educational loan. All nationalized banks provide educational loans for pursuing higher studies.
Do you have any question? or have anything to say?

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