#1
3rd November 2016, 06:13 PM
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How can I extend Education Loan taken for B.Tech of Andhra Bank for doing M.Tech as well?
I would like to know that if I apply an Education Loan from Andhra Bank for B.Tech course and later on after completing this course decide to do M.Tech then how I can continue with my Education Loan or extend my Loan for M.Tech course also?
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#2
6th November 2016, 06:10 PM
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Re: How can I extend Education Loan taken for B.Tech of Andhra Bank for doing M.Tech as well?
It depends on the discretion of the bank to allow you for the continuation of the education loan. Usually if you get admission in a well recognized and well reputed institute and have good academic background, then the bank will allow for the extension of the loan amount. In such scenarios, you need to contact the bank, express your request to the branch manager of the bank from which you took loan, giving sufficient proof of admission details and complete additional formalities complying with the terms and conditions of the education loan for increased loan amount.
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