Education and Career Forum

I want to take admission in IITM Janak Puri for BBA. Kindly let us know if we can get loan for this

Education Plus by State Bank of India:-

They must get admission in a Part – Time or Distance Education course to be eligible to apply for this loan.
Through 'Education Plus', one can avail a minimum loan of Rs. 25,000 and a maximum of Rs. 1,00,000.

Yes for distance learning, loan can be availed.
The thing is that , they must have taken admission in the course from.a recognised institution.
Through "Education Plus" one can avail र 25000-1 00000
You can also apply for personal loan for higher education.
Loan is not interest free, you may get concession in interest rates but not free of interest.

°°° SBI education Plus is a type of loan which is specially designed for employed persons who want to pursue distance education or evening courses for career enhancement and the scheme provides finance to such persons who want career growth through these courses but are unable to pay the fees in one lump sum.


°°° You can definitely get education loan to pursue distance learning course. However, education loan will be sanctioned if you pursue the course from an institute which provides good exposure of placement opportunities and also on the amount which you want to seek as education loan.
Your previous academic records and your financial status is also taken into consideration before sanctioning education loan.

Yes, you can surely have a location loan to pursue distance learning course.
There is no such problem in it.
However, you should keep in mind that the institute from where you wish to pursue your course is well recognised and has good placement opportunities.

Yes, one can get education loan to pursue distance learning course.
Education loan will be sanctioned if you pursue the course from an Institute which provides good exposure or placement opportunities.
You can get education loan, if you pursue any kind of course from a good and reputed Institution.
Your previous academic records and your financial status is also taken into consideration before sanctioning education loan.
There are a number of banks that offer education loan to distance learning.

Education loan is offered for distance learning?

Yes, the candidate can get a loan for distance learning in India. The candidate can also get a loan is also offered for online courses of other e-learning apps such as Toppr, Extramarks, and Vedantu. You get loans ranging from Rs 50,000 to Rs 1.5 lakh and tenures of 9-24 months. Some of these online apps also give the option of financing the courses using credit cards with no-cost EMI schemes.