#1  
12th August 2015, 03:22 PM
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Eligibility to apply for Bank Education Loan to study B.Tech for a candidate whose father' Income is Rs. 3 to 3.5 Lacs per annum?


Hello Sir,
I have got 84% in 12th Board exams. My father's income ranges between Rs. 3 to 3.5 Lacs per annum. I want to study B.Tech through Bank Education Loan. I am eligible for this or not?





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  #2  
17th August 2015, 08:46 PM
Saikiranreddy47475
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Join Date: Jul 2013
Posts: 14,288
Default Re: Eligibility to apply for Bank Education Loan to study B.Tech for a candidate whose father' Income is Rs. 3 to 3.5 Lacs per annum?

Yes, you can get Education loan from Bank to pursue your B.Tech course after completion of your 12th standard with an aggregate of 84% marks from a recognised board, even if your father annual income is 3 to 3.5 lakhs per annum. You can get education loan upto Rs.4 lakhs without any collateral security. To get education loan amount of more than Rs.4 lakhs, you must have to submit any collateral security to bank. Since, you have secured 84% marks in your 12th standard, you can easily get education loan for pursuing your B.Tech curse.
  #3  
18th August 2015, 06:56 PM
bhushankumar398
Senior Member++
 
Join Date: Jun 2013
Posts: 1,303
Default Re: Eligibility to apply for Bank Education Loan to study B.Tech for a candidate whose father' Income is Rs. 3 to 3.5 Lacs per annum?

Hello friend..

First of all I congratulate you for getting very nice % in board exam.. And you want to do B Tech...

Yes you will definitely get the education loan for doing B Tech..

Following are the documents required while applying for education loan:
--Admission call letter
--Recent colour photograph
--10 and 12th marksheet photocopy
--id proof photocopy..

**After getting all these documents visit to the nearest bank branch office and fill the form of educational loan and then submit it with all above relevant documents..

**The bank official will validate your details.. your loan will be sanctioned within 15 days..

All the best........
Do you have any question? or have anything to say?





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