#1  
15th May 2022, 09:09 PM
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How many days will it take to sanction education loan?


How many days will it take to sanction education loan?




  #2  
15th May 2022, 10:31 PM
taputanya
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Default Re: How many days will it take to sanction education loan?

--- It takes around 15 days for an education loan to be sanctioned and once it has been sanctioned you will get a promissory note which you will have to sign.
In most cases banks pay the institution directly and or to you.

It totally depends on the candidate whether the candidate has submitted full document or there is any loophole and if there is any loopholes then definitely you are going to get the education loan at longer period of time.
  #3  
15th May 2022, 10:34 PM
Dineshkumar1907
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Default Re: How many days will it take to sanction education loan?

It takes around 15 days for an educational loan to be sanctioned. Once it has been sanctioned, you will get a promissory note which you will have to sign. In most cases, banks pay the institution directly and or to you.
  #4  
15th May 2022, 10:59 PM
Msdhoni02
 
Join Date: May 2021
Posts: 4,040
Default Re: How many days will it take to sanction education loan?

How many days will it take to sanction education loan?

1. It takes around 15 days for an educational loan to be sanctioned. Once it has been sanctioned, you will get a promissory note which you will have to sign. In most cases, banks pay the institution directly and or to you.

2. In private banks like Axis, ICICI, HDFC, you can get loan within 1 hour.
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  #5  
16th May 2022, 07:19 PM
Hera tabrez
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Default Re: How many days will it take to sanction education loan?

It takes around 15 days to sanction an education loan.
Once it has been sanctioned, the applicant receives a promissory note which they have to sign.
In most of the cases , banks pay the institution directly and sometimes to the applicant.
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  #6  
19th May 2022, 02:59 PM
Doctor Tom
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Default Re: How many days will it take to sanction education loan?

°°° It totally depends whether the documents you have submitted in the bank are correct or there is any loophole.
If all the documents are in proper sequence and correct then it takes around 15 days for an education loan to be sanctioned. Once it has been sanctioned you will get a promissory note which you will have to sign.
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  #7  
19th May 2022, 09:39 PM
shantanu bose
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Location: Kolkata, West Bengal
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Default Re: How many days will it take to sanction education loan?

An educational loan takes about 15 days to be sanctioned. Once approved, you will receive a promissory note that you must sign. In most cases, banks pay the institution directly or to you.
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  #8  
21st May 2022, 01:44 AM
piya1617
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Join Date: Mar 2019
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Default Re: How many days will it take to sanction education loan?

Generally, The approval of an educational loan takes about 15 days. After it has been approved, you will receive a loan agreement that you must sign. Banks typically pay the institution directly or to you.
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  #9  
21st May 2022, 02:13 AM
cookie1902
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Join Date: Jan 2019
Posts: 12,120
Default Re: How many days will it take to sanction education loan?

It usually takes at least a month to avail of an education loan. If you have all the necessary documents with you it takes around 14 to 20 working days to get the education loan. This estimation may differ for a private and public bank. Private banks are quite faster in approving the loan than public banks.
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  #10  
21st May 2022, 11:54 PM
aryaanfreelancer
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Join Date: May 2022
Posts: 1,215
Default Re: How many days will it take to sanction education loan?

An educational loan usually takes about 15 days to be approved. You will receive a loan agreement to sign once your application has been approved. After the loan is approved, banks generally pay the institution directly.
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