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  #1  
20th October 2015, 01:12 PM
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How can I apply for Education Loan of Rs. 22 Lacs to study MBA in UK?


Dear Sir
I want to do MBA in UK and its amount would be Rs. 22 Lacs. So, what is the procedure for applying an education loan for this huge amount? Please help me regarding this.




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  #2  
22nd October 2015, 07:43 PM
ArunavaBasu
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Join Date: Mar 2015
Posts: 2,155
Default Re: How can I apply for Education Loan of Rs. 22 Lacs to study MBA in UK?

You need to go the nearest Branch of the Bank of your choice from where you want to take the Loan.
You need to take the admission letter to the University as a document for the Bank.
You need to apply for the Educational Loan in the Branch and at the same time you need to provide a guarantor for the Loan.
You also need to provide the IT Return of the guarantor for the last financial year and once the bank is satisfied with all the documents your Loan will be sanctioned.
Generally the maximum amount that is given as an Educational Loan is Rs 20 Lacs.
In that case you will have to pay the rest of the money from your own pocket.
So follow this procedure to get the Educational Loan for your MBA from UK.
Do you have any question? or have anything to say?



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