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  #1  
23rd July 2015, 08:21 PM
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Maximum amount offered in Bank Education Loan to study MDS in Abroad?


Sir,
I have completed my BDS and now I want to take admission in MDS in Abroad. I am also preparing for the entrance exam and I am looking for an Education Loan. I would like to know that what is the maximum amount a Bank can give as an Education Loan for studying in Abroad?




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  #2  
28th July 2015, 08:58 PM
ArunavaBasu
Senior Member++++
  
Join Date: Mar 2015
Posts: 2,155
Default Re: Maximum amount offered in Bank Education Loan to study MDS in Abroad?

The Banks in general give a maximum amount of Rs 20 Lakhs as a Loan to student once a guarantor is shown for the said amount.
You need to show a guarantor for the Loan amount that you are applying for.
Once you do that your Loan will be sanctioned.
In general the Loan provided is for a Maximum of Rs 20 Lakhs. In some cases an additional amount is provided but that is the sole discretion of the Bank.
In normal cases the maximum amount is Rs 20 Lakhs.
Do you have any question? or have anything to say?



« How can I apply for Education Loan if getting 40% scholarship to study in London School of Economics and Political Science? | When I will get Education Loan after submitting all the documents? Documents required to submit? »

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