Education and Career Forum

What is the minimum mark percentage to get education loan for bsc nursing?

In order to apply for loan candidate must have scored atleast 60% or above marks throughout their academic background.

The main aim is to provide financial support for further studies.

Candidate must maintain good academic record without any arrears.
Bank has right to stop further loan amount if they do not meet the satisfactory academic record.

Education loan eligibility for BSC nursing student:-

> Age - Avail up to 35 years for non employed person else and 45 years in case of working employees/executives.

> Repayment period:

. Tenure open education loan consists of duration of study, Grace period and the study and repayment period.

. for Indian courses repayment tenure is maximum of fifteen years after the commencement of repayment.

> Maximum loan amount:
Up to 80 lakh - 1.5 crore for studies in India, abroad, IIT, IIM.

--- The candidates applying for the loan must be a resident of India.

He or she must have confirmed admission in recognised educational institution in India or abroad.

The age of the candidate must fall within the bracket of 18 to 35 years during loan application.

He or she must be undergoing a graduate or postgraduate degree or a PG diploma.

The applicants should have a secured admission in a college or university affiliated by UGC/AICTE/Govt. etc.

Students pursuing full time courses need to have a co-pplicant who can be either parent or spouse.

--- The candidates applying for the loan must be a resident of India.

He or she must have confirmed admission in recognised educational institution in India or abroad.

The age of the candidate must fall within the bracket of 18 to 35 years during loan application.

He or she must be undergoing a graduate or postgraduate degree or a PG diploma.

The applicants should have a secured admission in a college or university affiliated by UGC/AICTE/Govt. etc.

Students pursuing full time courses need to have a co-applicant who can be either parent or spouse.

Percentage does not matter so much while applying for education loan now because of order of the supreme court but yes, the candidates should have qualified in every examination till the last education with good marks.

To get an education loan, you must get enrolled in a college and get a statement of fees from the college you get admission into.

Banks do not see your marks or percentage you have secured while lending out a loan.

All it sees that the student has got a seat in a college and is unable to pay the fees.

Their is no minimum aggregate required to get an education loan.

Generally, Education loan is offered for pursuing any professional course from a recognised university.

The bank filed the present appeal saying candidates who have secured 60% marks and above alone are eligible to get education loan as they alone can be treated as meritorious candidates.

The minimum 60% marks is required to get an education loan. The bank filed the present appeal saying candidates who have secured 60% marks and above alone are eligible to get education loan.

Taking an education loan from public banks like SBI, PNB etc, have list of requirements, which includes new percentage of 60% in 12th ( if you have more, your chances increases ), an offer letter from college/university, then how much is your loan requirements if it is above 7.5 LPA, then you need collateral.