Education and Career Forum

Hello Sir,
I am doing my B.E. final semester and I would like to go Abroad for MS studies. I require an Education Loan of about Rs. 24 Lacs. Please tell me how can I avail an Education Loan?

I am extremely sorry to state that you cannot avail an education loan of 24 lakhs to study MS in abroad. This is because the maximum permissible loan amount which can be sanctioned is 20 lakhs. So you can avail loan of 20 lakhs and rest you need to shell out yourself. You need to approach a bank for getting the loan. Make sure to take the admission call letter and the prospectus of the concerned institute. Have a discussion with the branch manager concerning the education loan, get to know the details, act as per bank's instructions to get your education loan sanctioned.

You can apply for Education Loan of Rs.24 lacs to study MS course in Abroad. To get Education loan from bank, you must have to submit Collateral security property documents equal to loan amount to bank. If all the documents submitted by you are verified and approved by bank then, your education loan will be approved within 10-15 days.

I have taken education loan for 90,000 in for my PG(2008-2010)..I paid til 120000 still I have to 40K but i don't have proper job to pay rest amount..could you give me some information about how to approach to big authorities to tell these problem and close this account. because day by they interest is adding..