#1
19th March 2016, 10:52 PM
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Eligibility to get an Education Loan of Rs. 20 Lacs to study MBA in UK?
Hello Sir,
My name is Surender Chauhan and I have done my B.Sc(Electronics). Then I have worked for 2 and a half years in different industries. Now I am planning to go to UK for pursuing my MBA. I need an Education Loan amount of Rs. 20 Lacs. I would appreciate if you provided me some best solutions available in market. And my eligibility up on getting an Education Loan. I have a huge farm land as my father is a farmer. |
#2
20th March 2016, 11:08 AM
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Re: Eligibility to get an Education Loan of Rs. 20 Lacs to study MBA in UK?
You can definitely get an education loan of 20 lakhs to study MBA in UK. You need to get admission in a well recognized institute and comply with the terms and conditions of the education loan to get your loan request sanctioned. You need to complete all the formalities as per bank's instructions. Since you want education loan of 20 lakhs, so you will need to mortgage any property that belong to you. You can mortgage your farm land and get the education loan sanctioned easily. Hence,aim at getting admission in the top institutes having good exposure facility and your loan request will be sanctioned easily.
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#3
20th March 2016, 10:35 PM
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Re: Eligibility to get an Education Loan of Rs. 20 Lacs to study MBA in UK?
To get an Education loan of Rs.20 lacs for pursuing MBA course in UK, you must have to submit Collateral Security documents like Land, House, etc., to bank. The Collateral Security amount should be equal to bank loan amount. If all the documents submitted by you are verified and approved by bank, you will be approved education loan within 15 working days for doing MBA course in UK.
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