Education and Career Forum

I want to take study loan for degree course for one semester. To study in abroad is that possible that i get loan for one semester? What should be the steps I need to follow for the same? Can you please guide me on this soon? Thanks!

Yes, you can take an education loan, a maximum of Rs. 20 Lac to study abroad to pursue the degree course, all you need to submit the required documents by the bank after applying for an education loan. You need to visit the official website of the bank and have to click on the tab education loan which you will get under the tab "personal loan", then you will be able to fill up the application form.
Required documents:
Admission proof (Admission letter, fee receipt, etc.)
ID proof (voter ID, passport, Pan card, etc.)
Address proof (electricity bill, mobile bill, etc.)
Educational documents.
Income tax return of last two years (if IT payee).
Last 6 months bank statements of the applicant, co-borrower, guarantor, etc.

No, it is not possible to get an education loan just for pursuing one semester in Abroad. Education loan will be offered to complete course and you can't take education loan for one or two semesters. You should have secured admission in a recognised course in a recognised college/ university for pursuing your higher studies to get an education loan. You can apply for an education loan directly by visiting the bank and submitting the relevant documents.