Education and Career Forum

Hello Sir, I am doing my BTech and currently studying in final semester. I would like to go Abroad for MS studies. I require an education loan of about Rs. 25 Lacs. Please tell me how can I avail an education loan?

Those who have got confirmation letter from the college for the course and the college in which they have secured admission is a recognised college, then they can apply for loan online through the official website of bank.
They can also visit the nearby branch for such purpose.
Banks usually grant loan of Rs 10 lacs for Indian colleges and Rs 20 lacs for abroad colleges.
Since the limit is 25 lacs and you are exceeding that then for such purpose you have to talk to the manager of bank that you need 25 lacs for study purpose.
They will better guide you.
You'll also need collateral security as well as third party gurantee for such loan.