Education and Career Forum

Hello sir, I have just passed 12th and want to study B.Pharmacy course so, I want to apply for an education loan but, I don't have a Account and Pan Card. What should I do for it if, I must need education loan?

*PAN stands for Permanent Account Number and it is compulsory for sanction of education. In list of documents essential for sanction of education loan, PAN card of student and guardian is necessary.

*You can apply for PAN card online or offline through application form. It takes around 15 days to generate PAN number and around 30 days to receive PAN card by courier. Account is not a big deal because you can open account from which you want education loan within one day.

*You will have to provide PAN number at time of application to education loan otherwise they will cancel your application.

I have passed b.com from DU(SOL). I also had a working experience in Ecommerce for 8 months. I am just confused b/w MBA in Ecommerce ir MBA in logistics and supply chain management. Plz suggest me which one is better and also scope in these fields?

Both bank account and Permanent account number card is very necessary for sanction of education loan from any bank of India. If you want to get your education loan sanctioned from any bank then open a bank account in that bank as soon as possible with valid address proof and identity.

You can apply for PAN card online at NSDL website. It costs just Rs 107 and if you have aadhaar card, you do not need any other document to apply for PAN card. You will receive your pan card within 40-50 days after that apply for education loan.

You just need a valid identity proof and a guarantor to apply for any education loan. Also, admission should be confirmed at the said college or university. Bank will consider your application for loan, if you fulfill all the criteria.

Most of the banks will ask for a guarantor, if you are not an earning person. It will be difficult to get an education loan without the presence of a guarantor.