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  #1  
14th June 2015, 05:28 PM
Unregistered
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How can I claim for Education Loan amount if want to get transfer from college to study B.Tech?


Sir,
I have secured admission in B.Tech but I want to change my college. But the problem is, I have already applied and got Bank Education Loan and the Bank sanction Education Loan to my college's Authority. I am getting admission in better college now. Kindly tell me how I claim my Loan amount from that college?




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  #2  
15th June 2015, 10:50 PM
ArunavaBasu
Senior Member++++
  
Join Date: Mar 2015
Posts: 2,155
Default Re: How can I claim for Education Loan amount if want to get transfer from college to study B.Tech?

You must apply for the migration and Transfer Certificate to the College where you were admitted stating the reasons behind your switch.
Once you are provided with the Migration and Transfer Certificate you can claim the Loan amount that was paid to the College by the Bank on your behalf.
You will be paid back the amount that the College will deem refundable once you have all the required papers in place.
Do not forget to notify the Bank about this changing plan yours before you start the process of Migration to the different College.
Do you have any question? or have anything to say?



« Possibility to study B.Tech with Personal Loan if fail to achieve Bank Education Loan? | Whether Bank incur Internship expenses if pursuing MBA through Education Loan? »

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