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#1
30th September 2014, 12:59 PM
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Education loan can be issued after 1st year of education in any stream?
I want to ask something about education loan that in the b tech course.would issued loan after 1st year of any course whether technical or not?
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#2
7th October 2014, 08:13 PM
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Re: Education loan can be issued after 1st year of education in any stream?
Yes, education loan can be availed even after first year of education in B.Tech course. However, in that case the bank will not sanction loan for the entire course fees, it will sanction loan for the rest of the study period. So you can study for the next three years of B.Tech with the help of education loan. But before sanctioning loan, the bank will check your previous academic record wherein your result in the first year is of high importance and you should not have any arrears.
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