#1  
14th June 2015, 11:44 PM
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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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  #2  
16th June 2015, 05:17 PM
palugulavenumadhav
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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.




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