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  #1  
3rd October 2015, 06:04 AM
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Education Loan scheme to study MBA for a candidate who has secured 96.44% in 12th Commerce and 60% in B.Com?


Sir,
I have completed my 12th Commerce with 96.44% and 60% in B.Com. Now I want to pursue MBA. I need education loan because my financial condition is very week. So please tell me education loan scheme for me. Thank you!




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  #2  
3rd October 2015, 01:02 PM
SudeepKumarSaha
Senior Member+++++
  
Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: Education Loan scheme to study MBA for a candidate who has secured 96.44% in 12th Commerce and 60% in B.Com?

You can definitely get education loan to pursue your MBA course. You can take education loan up to 10 lakhs for study in India and 20 lakhs for study in abroad. You need to approach any bank near your residence for education loan and talk to the branch manager concerning the education loan. Make sure you take the prospectus of the concerned institute in which you want to enroll and your previous academic certificates. The interest rate varies between 13-14.5 percent as per orders from RBI. For loan above 4.5 lakhs upto 7.5 lakhs third party guarantor is required with 15% as margin amount, for loan above 7.5 lakhs mortgage of property is required along with third party guarantor and margin of 20%.
Do you have any question? or have anything to say?



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Thread Replies Last Post
Education Loan scheme to study MBA for a candidate who has secured 96.44% in 12th Commerce and 60% in B.Com? 1 30th October 2017 04:50 PM
Can I apply for Education Loan to study BBM if secured 99.6% in 12th Commerce? 1 28th May 2017 01:45 PM
Detailed information about Education Loan scheme to study B.Tech for a candidate who has secured 91% in 12th and scored 134 marks in JEE Main? 1 23rd May 2015 02:04 PM
Eligibility to apply for Bank Education Loan to study in USA for a candidate who has secured 89% in 10th, 93% in 12th, 69% in B.Tech and expecting 1300 scores in GRE? 1 23rd May 2015 01:44 PM
Is it difficult to get Education Loan to study MBA in India for a candidate who has taken Personal Loan? 1 1st May 2015 01:04 AM


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