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  #1  
28th June 2015, 04:01 PM
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Is it possible to get Education Loan of Rs. 6.75 Lacs to study MBA if my father is working in a Private Firm?


Dear Sir,
I am trying for doing my MBA. I am seeking for an Educational Loan for it. My father is working in a Private firm. Is it possible for me to get an Education Loan of about Rs. 6.75 Lacs?




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  #2  
30th June 2015, 06:39 PM
SudeepKumarSaha
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Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: Is it possible to get Education Loan of Rs. 6.75 Lacs to study MBA if my father is working in a Private Firm?

Yes, you can definitely get education loan to pursue MBA course. There is no problem if your father is working in a private firm. Since your family has a stable income source, you can definitely get education loan provided you get admission in a well recognised and reputed institute. However, you will need a third party guarantor and need to keep 15 % of the loan in the bank as security deposit every time there is disbursement of loan amount for your education.
Do you have any question? or have anything to say?



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