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  #1  
23rd March 2016, 01:35 AM
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List of Banks offering an Education Loan of Rs. 25 Lacs to study MBA in UK?


Hi,
I am Unnati Agarwal and I am planning to study MBA in UK. My Question is about an Education Loan for studying MBA. I HAVE heard that banks like SBI, ICICI, etc. will fund upto Rs. 20 Lacs for Abroad studies. But I came to know that the total expenses including everything will be cost upto Rs. 25 Lacs. So, which Banks can avail an Education Loan of such a huge amount?




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  #2  
25th March 2016, 12:53 PM
SudeepKumarSaha
Senior Member+++++
  
Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: List of Banks offering an Education Loan of Rs. 25 Lacs to study MBA in UK?

Yes, you have heard the right thing. The maximum education loan which can be availed from any bank in India for studies in abroad is 20 lakhs. For rest of the expense, you have the following options.

- Shell it out from your own pocket.
- Approach private financing companies like Muthoot, Credila, etc for personal loan.
- Get scholarships by performing well in the entrance exams and during the course.
Do you have any question? or have anything to say?



« List of Banks offering an Education Loan of Rs. 7 Lacs with lowest Interest rates to study MBA? | Details of Student Loan for ICAI student of Hyderabad? »

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