2nd November 2014, 08:15 PM
Posts: n/a

Education Loan from ICICI Bank for study in Canada?

I want to study in Canada.
For this sir, i cant afford money and plan to take education loan.
I am looking to take loan from ICICI Bank.
Can I rely on ICICI Bank for taking education loan.
Please help me.

12th November 2014, 02:20 PM
Senior Member+++++
Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: Education Loan from ICICI Bank for study in Canada?

Yes, you can definitely take education loan from ICICI Bank.You need to do the following.

- You need to approach the nearest branch of ICICI from which you want to take loan or preferably near your residence where you have a bank account.
- Have a discussion with the branch manager concerning the loan and the formalities to be undertaken.
- Follow his/her instruction and act accordingly.
- You need to submit documents of your academic background, family income and the current institute where you want to pursue course.
- The interest is computed as simple interest and can fluctuate as per orders from RBI.
- You need to keep mortgage or have a third party guarantor for loan of high amount.
- You need to start repaying the loan within six months after completion of your course of study.
Do you have any question? or have anything to say?

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