Education and Career Forum

Hi Sir, I want to take an education loan of Rs. 10 Lacs for studying MBA. I would like to know that Standard Chartered Bank will provide me the education loan of this amount or not? Please tell me as soon as possible.

Banks do offer loan of Rs 10 lacs for studying in India.
And for studying abroad 20 lacs is provided.
For getting loan, candidate must have confirmed admission in an institution/university and it must be a recognised one with good placement facility.
Those who have got admission letter or there admission is confirmed , they can apply for loan.
For loans above 7.5 lacs both collatera security as well as third party gurantee is required.

Yes, Standard Chartered Bank offers an Education Loan of Rs.10 Lakhs for courses in Indian colleges and up to Rs.20 lakhs for studies abroad as per Indian Bank's Association norms. The quantum of a loan depends upon the course and the institution offering the course.

I am also giving you the bank website link for your reference that is www.sc.com