Education and Career Forum

Educational Loan possibilities for students with back in Engineering?

It is difficult to get education loan for engineering course like B.Tech if you have backlogs. This is because the bank takes into account the performance of the candidate in the course for which he/she has taken loan seriously. In case of bad performance, it can discontinue the loan sanctioned or will not sanction the loan if applied. Hence it is better to clear the backlogs and then approach the bank for education loan. Since there are many banks so the competition has increased which might make banks ready to sanction your loan request but you need to comply with certain terms and conditions of the bank. Thus, the decision of sanctioning your loan purely depends on the discretion of the bank to which you are approaching if you have backlogs.