#1
4th September 2016, 09:47 PM
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How long does a Bank takes to grant an education loan?
Hello sir, I am B.Com holder and want to study LLB course. So, I need an education loan from Government bank. Please tell me how long does a bank takes to grant an education loan?
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#2
6th September 2016, 09:23 AM
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Re: How long does a Bank takes to grant an education loan?
With the advent of technology and online transactions along with increase in competition among the banks, now the processing speed of the banks have increased considerably for any kind of service. The exact time required for getting the loan sanctioned depends on various factors including completion of all formalities from your side. If everything goes well from your side at a quick pace, then you can get the loan sanctioned within 7-10 days. Otherwise it will take around 15-20 days to get the loan sanctioned.
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