Education and Career Forum

Does anybody know Study Abroad Education Loan Balance Transfer procedure in India.? Tell me the Education Loan Balance Transfer

Education loan has proved to be one of the best scheme evolved by the banking field. It has proved to be a great help in the promotion of education thereby lifting the level of education to a great extent. Now, even a poor guy can dream of education in good institute and a better future.

Education loans are usually sanctioned by the banks. Whenever the fees is required to be deposited in the educational institute from where you are pursuing the course, you need to submit an application to the bank requesting to reimburse the loan amount pertaining to the institute's fees. The bank will reimburse the fees to the institute's account either through RTGS or NEFT.