Education and Career Forum
Ask a Question Discussions Question PapersGovernment Jobs Ask a Question Papers Login Register
  #1  
22nd July 2015, 02:08 PM
Unregistered
Guest
  
Posts: n/a

Is it necessary to have a Bank Account to apply for an Education Loan?


Dear Sir/Madam,
I don't have a Bank Account but my father has in State Bank of India. I want to study B.Tech and I would like to know that for getting Education Loan I must have a Bank Account? Is it necessary?




Related Questions:
  1. How can I apply to get Education Loan from Indian Bank to study B.Tech? Interest rates charges against Education Loan?
  2. Should I have to open Student Account in Bank of India to apply for Education Loan if already have a Saving Account?
  3. What to do if Bank says that they do not provide loan?
  4. Can I apply for Education Loan for higher education if completed B.E. with Bank Education Loan?
  5. Interest rates charges against Education Loan by Andhra Bank for B.Tech course? Documents required to apply for Education Loan?
  6. Education Loan scheme of Bank of Baroda to study B.Tech course?
  7. Can I apply for Bank Education Loan of Rs. 12 Lacs if taking Personal Loan of Rs. 1 Lacs and having Credit card bill of Rs. 1 Lacs?
  8. List of Banks which offer Education Loan of Rs. 16 Lacs for Commercial Pilot Training?
  9. Detailed information about Andhra Bank Education Loan scheme for study B.Tech?
  10. Eligibility to apply for Bank Education Loan to study MS in UK and US?
  11. How can I apply for subsidy in Education Loan at Indian Overseas Bank?
  12. Whether Bank incur Internship expenses if pursuing MBA through Education Loan?
  13. Bank Education Loan scheme of SBI, Bank of India and Bank of Baroda to study MBBS course of Rs. 350000 p.a. fee expense?
  14. Whether a Bank offer Education Loan by evaluating property?
  15. Can I apply for an Education Loan to study MBBS if my father is working in Abu Dhabi?
  16. Is it possible to get the education loan if I am from a poor family?
  17. How can I get Bank Education Loan to study B.Tech?
  18. How to get education loan? From which bank at lowest interest? Minimum salary of parents required for loan? -- [Most Discussed]
  #2  
23rd July 2015, 09:35 PM
SudeepKumarSaha
Senior Member+++++
  
Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: Is it necessary to have a Bank Account to apply for an Education Loan?

No, it is not necessary to have a prior bank account in order to avail education loan. You can apply for education loan even if you do not have an account. However, once you have discussion with the branch manager and start the completion of the requisite formalities, the bank will ask you to open account with your name. At that time, you must open the account.
Do you have any question? or have anything to say?



« Can I apply for an Education Loan if getting admission in Autonomous college for MBA? | Am I eligible to apply for CBSE Scholarship if secured 96% in 12th? »

Related Topics:

Thread Replies Last Post
How should I apply for CBSE scholarship after scoring 83.4%? Is it true that I wont be able to apply for any other scholarship after applying for the CBSE scholarship? 29 10th September 2017 11:00 PM


Ask a Question - Contact Us - Entrance Exams - Privacy Policy - Archive - Top

Powered by vBulletin® Version 3.8.3
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO 3.3.0
vBulletin Optimisation by vB Optimise.
Please also check: