Education and Career Forum

Hello,
I am P.Swaminadh and I have got seat in NIT for B.Tech course. I am an OBC candidate and I want to apply for an Education Loan as I am unable to fund my education. Kindly help me regarding this.

First of all I congratulated you for getting a seat in NIT in B.Tech course. As you want to take an educational loan for paying the fee to the college.

Yes, definitely you will get the education loan for this and it is very common among the students nowadays. Following are the steps you need to follow for this:

--firstly take two set photocopies of all the academic qualification starting from your 10th.

--Also take admission call letter which is given to you at the time of counselling.

--Visit to the nearest bank branch office through which you want to take the education loan.

--fill the form which is given by bank official then submit it will all the relevant xerox documents.

--After validation from the bank official, your loan will be sanctioned.

**From my opinion you have to take the education loan whose rate of interest is low for this you can choose SBI, Central Bank of India

Reasons:

--Their rate of interest is low as compared to any other private banks.

--Special benefits will be given to OBC students in terms of interest subsidy.