Education and Career Forum

Hello Everyone,
I want to apply an Education Loan in Andhra Bank. Actually I am getting admission in MBA course and need an Education Loan for my studies. Kindly tell me what kind of expenses are covered under this loan scheme? Please tell me asap.

Expenses covered under Andhra Bank Education loan scheme are listed below :_

1. Course tuition Fee
2. Examination/ Library/ Laboratory fee
3. Caution deposi.
4. Purchase of books/ equipments/ instruments
5. Any other expense required to complete the course.

Expenses covered under education loan are :-

- Fee payable to college/school/hostel
- Travel expenses/passage money for studies abroad.
- Purchase of computers/Laptops - essential for completion of the course.
- Examination/Library/Laboratory fee.
- Purchase of books/equipments/instruments/uniforms.
- Caution deposit/building fund/refundable deposit supported by Institution bills/receipts.
- Life Insurance Premium for life cover of student/co-borrower
- Any other expenses required to complete the course - like study tours, project work, thesis, etc.