Education and Career Forum

How to get bank loan?i want to like study in philipines but i don't no how to get bank loan in india i want to study mbbs in philipines and ialso know facilities of medical collage? Please answer my query as soon as possible. I am awaiting for a quicker reply!

Yes, you can avail educational loan to study MBBS in Philippines. All nationalized banks offers educational loans to pursue higher education either in India or abroad.

The minimum eligibility criteria for applying educational loan is that the candidate must a citizen of India and he/ she should have secured admission in any of the recognized college through an entrance exam or through a selection process. All eligible and meritorious candidate's can avail educational loan.

To apply for educational loan at first approach a nearest bank and procure a application form and fill all the necessary details and submit it to the bank with all necessary documents like college admission letter, bank statement, ID and address proof, collateral security etc...,

Procedure to get bank loan-

- You will need an admission call from a recognised and reputed university to avail education loan from bank.
- You need to take the prospectus of the concerned institute and previous academic records while approaching the bank.
- You need to approach a bank near your residence. You can approach any bank of your choice.
- Then you need to contact the branch manager of the concerned bank and have a discussion concerning the education loan.
- Get to know the details of education loan and the norms you need to comply with.
- Follow the instructions of the bank and complete all the formalities to get your education loan sanctioned.