Education and Career Forum

Hello Sir, I came to know that Allahabad Bank is providing an education loan for vocational courses. I would like to know about the courses which are eligible for getting an education loan in Allahabad Bank. Please tell me asap.

Almost all the banks provide loan for the professional courses and vocational courses are the most job oriented courses.

Not only Allahabad bank, but mostly all the banks provide loan facility to the students of vocational courses.

Vocational courses are the job oriented courses which give you hands on training and make you industry ready. Mostly a job is assured after a professional course.

Eligibility to get an Education Loan in Allahabad Bank for Vocational courses:-

You need to first confirm admission at any recognised institute for your vocational course. Once you have confirmed admission, you will become eligible to apply for education loan at any nearest branch of a repeated Bank.

Just approach the nearest branch along with the guarantor and all the required documents to apply for education loan. You need to fill the application form and submit it with all the required documents to the branch.

Eligibility to get an Education Loan in Allahabad Bank for Vocational courses:-

You need to first confirm admission at any recognised Institute for your educational course.
Once you have confirmed admission, you will become eligible to apply for education loan at any nearest branch of a repeated when apply for education loan at any nearest branch of a reputed bank.
Just approach the nearest branch along with the guarantor and all the required documents to apply for education loan.
You need to fill the application form and submit it with all the required documents to the branch.

Eligibility:-

1- To avail a Allahabad Bank student loan scheme, the student must be an Indian Citizen in order to become eligible and should have got admission to the higher education course in a recognized institution either in India or outside India through Entrance exam or merit selection process.

2- In case admission is based on the marks scored by the student in the qualifying examination then the cut off marks is 60% for Allahabad Bank student loan scheme.

3- Meritorious student who are under the management quota are also eligible to avail this Allahabad Bank education loan.

Eligibility to get an Education Loan in Allahabad Bank for Vocational courses?

1. The student must be an Indian Citizen in order to become eligible and should have got admission to the higher education course in a recognized institution either in India or outside India through Entrance exam or merit selection process after completion of HSC (10 plus 2 or equivalent).

2. In case admission is based on the marks scored by the student in the qualifying examination then the cut off marks is 60% for Allahabad Bank student loan scheme.
3. Meritorious student who are under the management quota are also eligible to avail this Allahabad Bank education loan.

Eligibility:-

The student should be an Indian citizen.

Students should have secured admission to professional or technical courses in India or abroad.

Eligibility to get an Education Loan in Allahabad Bank:-

• Eligibility:-
The student should be an Indian citizen.Students should have secured admission to professional or technical courses in India or abroad
• Rate:-
12.50% per annum with 0.5% concession for girls

Eligibility
Must be an Indian resident

Must have confirmed admission in a recognised institution

Must be undergoing UG/PG or diploma course.

Must have secured admission in a college affiliated by UGC /AICTE/ Govt etc

Those persuing full time courses need to have co applicant who can be either parent/ guardian or spouse/parent in law ( in case of married candidates).

Please find below the Eligibility to get an Education Loan in Allahabad Bank for Vocational courses.

1) You must have completed the Higher secondary examination with at least 60% marks in aggregate from any recognized board/institute.

2) You must be an Indian citizen.

3) You must have a co-signer to act as a co-borrower while applying for the loan.