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  #1  
12th July 2016, 08:51 PM
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Income Tax limit to get an Education Loan for SC students?


Hi,
I have an ITR of above Rs. 3.5 Lacs. My daughter want to study B.Tech. I just want to know what is the Income limit to get an Education Loan from any Bank specially for SC students? Please answer me immediately. Thank you!




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  #2  
16th July 2016, 12:21 AM
SudeepKumarSaha
Senior Member+++++
  
Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: Income Tax limit to get an Education Loan for SC students?

There is no income limit as such for education loan unlike other loan. The education loan is more focused at the student's statistics rather than income of the household. Your daughter can definitely opt for education loan and you can become co-borrower of the loan. She needs to get admission call from a recognized institute and comply with the terms and conditions to get the education loan sanctioned.
Do you have any question? or have anything to say?



« Documents required to apply for an Education Loan in State Bank of Hyderabad to study MBA at Lovely Professional University? | Detailed information about HDFC Bank Education Loan scheme? »

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