Education and Career Forum

Respected Sir/Madam, My son is studying MBBS in China. He got admission and doing his first year. I have an NRI Account in HSBC Bank. I want to take loan for my son in this account. I would like to know about the process of taking loan?

You can approach HSBC Bank for an education loan for your son's MBBS course in China. As you are an NRI account holder with the bank, you may be eligible to apply for an education loan.

To apply for the loan, you will need to submit your son's admission letter from the university, fee structure, and other relevant documents. The bank may also require you to provide proof of your income and assets to determine your loan eligibility.

Once you have submitted all the necessary documents, the bank will evaluate your application and determine the loan amount and interest rate. If approved, the bank will disburse the loan amount directly to the university.

It is recommended that you contact HSBC Bank directly to inquire about their education loan policies and procedures, and to get a clear understanding of the requirements and eligibility criteria for an education loan for your son's course in China.