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  #1  
11th December 2015, 05:32 PM
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Possibility to get an Education Loan of Rs. 60,000 to prepare for IPS coaching?


Hi Sir,
I want to prepare for IPS exam. I want to know for this preparation course I will get education loan or not? I have searched many institutes provides preparation course of 1 year for Rs. 60,000. So, I am eligible for education loan in this situation?




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  #2  
13th December 2015, 12:31 AM
palugulavenumadhav
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Join Date: Dec 2014
Location: Hyderabad
Posts: 3,103
Default Re: Possibility to get an Education Loan of Rs. 60,000 to prepare for IPS coaching?

No, you cannot educational loan for IPS coaching.

Education loans are offered only for valid professional and technical courses. No bank provide education loan for coaching of entrance examinations like IPS, IAS, IBPS etc..,
  #3  
13th December 2015, 11:36 PM
avinash1997
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Join Date: Mar 2015
Posts: 6,465
Default Re: Possibility to get an Education Loan of Rs. 60,000 to prepare for IPS coaching?

No, neither private sector nor public sector banks provide education loans for preparation in coaching institutes of any competitive exam. Education loans are given by banks only for professional and vocational courses from recognized institutes of India.

You can not get loan from any bank. It would be better for you to appear for various scholarships exam conducted by different institutes for Civil Services examination. With scholarship, you can get deduction in overall fees.

Institutes like Chanakya's IAS academy, Byju Classes etc conduct scholarship for financially challenged candidates to prepare for this exam.
  #4  
20th January 2019, 07:29 PM
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Default Re: Possibility to get an Education Loan of Rs. 60,000 to prepare for IPS coaching?

Hi Sir, I want to prepare for OT technical course . I want to know for this preparation course I will get education loan or not? I have searched institutes provides preparation course of 2 year for Rs. 60,000. So, I am eligible for education loan So give me Loan I need this Loan.
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