#1  
14th June 2015, 04:28 PM
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Possibility to study B.Tech with Personal Loan if fail to achieve Bank Education Loan?


Hello Friends,
Can you please tell me that if I apply for Education Loan from Bank and the Bank doesn't sanction me Education Loan for my B.Tech course then I can apply for Personal Loan and study B.Tech with Personal Loan?





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  #2  
15th June 2015, 09:45 PM
ArunavaBasu
Senior Member++++
 
Join Date: Mar 2015
Posts: 2,155
Default Re: Possibility to study B.Tech with Personal Loan if fail to achieve Bank Education Loan?

You can study B.Tech by taking a Personal Loan.
The repayment procedure for a Personal Loan and an Educational Loan is different.
For the Personal Loan you must start repaying the Loan amount in installments from the very next month from when you have taken the Loan.
The chances of your Personal Loan getting sanctioned when your application for the Educational Loan was rejected is also low.
If you are able to get the Loan sanctioned then you will be able to use the money to pay for your B.Tech Fees.
Do you have any question? or have anything to say?



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