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  #1  
24th April 2016, 04:14 PM
Unregistered
Guest
  
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How can I get an Education Loan without Interest to study distance MBA course?


Sir,
I need an Education Loan for my distance MBA course for an amount of Rs. 65000. But I can't pay interest. So, I want to know how to get an Education Loan without interest?




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  #2  
26th April 2016, 09:02 AM
SudeepKumarSaha
Senior Member+++++
  
Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: How can I get an Education Loan without Interest to study distance MBA course?

I am extremely sorry to state that you cannot get education loan sanctioned if you do not want to pay the interest of the loan. Then there is only one option; you need to avail scholarships. This is because there are no financial institutions which will offer education loan with charging interest on it. Interest is the profit which they earn for lending you the money.
  #3  
27th April 2016, 01:39 AM
Jits56
Senior Member++++
  
Join Date: Sep 2015
Posts: 2,823
Default Re: How can I get an Education Loan without Interest to study distance MBA course?

Quote:
Originally Posted by Unregistered View Post
Sir,
I need an Education Loan for my distance MBA course for an amount of Rs. 65000. But I can't pay interest. So, I want to know how to get an Education Loan without interest?
Sorry, it is very difficult to get any education loan for the distance MBA course or any other distance courses. The education loan is available only for Regular courses mostly. But it is up to the Branch Manager to decide, so you can try for it. But most of the banks provide loans to the regular courses only. Without interest it is not possible.
Do you have any question? or have anything to say?



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