Education and Career Forum

Sir, I want to study MBA in Banking & Finance course from ICFAI. Please tell me total fees required for it? Procedure to get education loan from government nationalized banks?

The total fees for MBA in Banking & Finance course at ICFAI varies depending on the campus and mode of study. It is best to check the official website or contact the admissions office of the ICFAI campus you are interested in for the exact fees.

To apply for an education loan from a government nationalized bank, you will need to follow these general steps:

• Research and choose the nationalized bank that you want to apply for the loan from. Some popular banks that offer education loans include SBI, PNB, BOI, Canara Bank, and HDFC Bank.
  
• Check the eligibility criteria for the education loan of the chosen bank and ensure that you meet the requirements.
  
• Collect all the required documents such as proof of identity, address proof, income proof of the parent or guardian, admission letter from ICFAI, fee structure of the course, and others as specified by the bank.
  
• Fill in the application form for the education loan and attach the necessary documents.
  
• Submit the application form along with the documents to the bank.
  
• The bank will verify the documents and assess your eligibility for the loan. If approved, the bank will disburse the loan amount directly to ICFAI.
  
• Repay the education loan as per the repayment terms agreed with the bank.

It is advisable to compare the education loan schemes offered by different nationalized banks to choose the one that suits you the best. Also, make sure to read the terms and conditions carefully before applying for the loan.