Education and Career Forum

Respected Sir/Madam, I want to join MS program in Germany as I am preparing for GRE. So, I want to apply for an education loan for doing MS. Kindly tell me about the loan facility and how to get an education loan immediately?

Those on confirmation of admission in MS in a reputed college can apply for loan.
Banks grant upto INR 20 lacs for abroad studies.
After being satisfied with all the documents and collateral security and third party gurantee provided by the applicant , banks sanction loan.
It takes around 15 days to get loan sanctioned.
All formalities depend on the amount of loan , in case of loan amount less than 5 lacs no collateral security is required and for loans above 7.5 lacs both collateral security and third party gurantee is required.