Education and Career Forum

From the developing country (example:Bangladesh, India) how can i get a loan in china to complete my undergraduate study clearly?

Education has globalized with the help of education loan. Now even a financially weak student can dream of higher studies in good institutes. Now studying abroad has become easier due to easy availability of education loans from various loans. Thus, education loan has not only helped various students in their studies but also has raised the education standards to a considerable extent. Now different education exchange programmes between countries can be easily conducted with the help of education loans.

You can definitely go for higher studies in China from developing countries like India, Bangladesh with the help of education loan. Now due to the government’s efforts of increasing the standards of education, education loans are quite easy to get and the terms and conditions have also been made quite lenient. You just need to follow certain steps to get your education loan sanctioned.

→ First of all get all the details regarding the college in which you want to get admission.

→ Get all the documents like the prospectus of the college, counselling details, provisional admission certificate, etc.

→ Approach a bank where you have an account and have a discussion with the branch manager.

→ The branch manager will give you all the conditions and steps which you need to fulfil and follow to get your loan sanctioned.

→ Since you are studying abroad, so the highest loan amount which you can get is 20 lakhs.

→ From 4.5-7.5 lakhs you need a third party guarantor and above 7.5 lakhs you need to keep mortgage any property of your family.

→ After furnishing all the documents, the bank will look into the matter, regarding its originality and authorization, and then you will get your loan sanctioned.

Get hold of the details regarding the college where you are planning to seek admission. Get all the documents like the prospectus of the college, counselling details, provisional admission certificate handy. If your course fee is between Rs 4 lakh to Rs 7.5 lakh, you need a guarantor who promises to pay the amount in case you fail to pay back the loan. You need documents like passport size photo, income proof/latest income tax return, six months bank account statements during the sanctioning.