Education and Career Forum

Helo , i am b.tech student in final year i want to get loan for m.tech in starting .how it will possible?

Yes, you can get education loan for studying M.Tech after completion of B.Tech. The main aim of the education loans is financial assistance for the deserving and meritorious candidates to pursue higher education. To get Education Loan you must have qualified in the GATE and obtained an admission in the recognized university. Then you need to show the required certificates for the Banker's.

Originally Posted by Unregistered

Helo , i am b.tech student in final year i want to get loan for m.tech in starting .how it will possible?

Yes you are definitely eligible for applying education loan at designated banks and various private companies like Credila and Avanse.

To get eligible, let’s look at the eligibility criteria, you must be an Indian national if you are seeking education loan from nationalized banks or other Indian education loan provider companies.

You must have secured admission for the higher education course through any entrance exam or merit based selection process after B.Tech or under graduation. And the course which is provided by the college or university should be recognized.

If you are a general candidate then 60% is the minimum cut off marks which need to be secure in your equivalent examination or in B.Tech and its set by particular banks like Punjab National bank. If you are a reserved category then 50% is the minimum percentage.

Do note, college in which you have taken admission should be recognized either from UGC or AICTE or ICMR or AIBMS or any government body.

At first you will have to get the admission details from the University from where you want to pursue your M.Tech.
Once you have the admission letter in your hand that you are to be admitted to the University for the course of M.Tech you will need to go the bank from where you want to take your Loan.
Make sure you take one of your parents to the Bank Branch and their go and contact the Branch Manager for the purpose of an Educational Loan.
When you produce the Admission Letter you will be asked about a sort of mortgage and once you are able to show that you will be able to pay loan back you will be able given the loan.
So if you follow this procedure you will be able to get a Bank Loan easily for the course of M.Tech.

At first you will have to get the admission details from the University from where you want to pursue your M.Tech.
Once you have the admission letter in your hand that you are to be admitted to the University for the course of M.Tech you will need to go the bank from where you want to take your Loan.
Make sure you take one of your parents to the Bank Branch and their go and contact the Branch Manager for the purpose of an Educational Loan.
When you produce the Admission Letter you will be asked about a sort of mortgage and once you are able to show that you will be able to pay loan back you will be able given the loan.
So if you follow this procedure you will be able to get a Bank Loan easily for the course of M.Tech.

Hello Friend..

It's nice that you have decided to take admission in M Tech...

Yes, definitely you will get the educational loan for M Tech.. For this you have to visit to nearest bank branch office with some relevant documents and then fill the form and submit it with the documents..

Documents required:

--Admission letter

--address/ identity proof

--recent colour photograph

All the best..