24th April 2018, 04:39 PM
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Is it possible to transfer existing education loan to Corporation Bank?


Hello everyone, I have already taken an education loan for my BTech course from another bank, but there are some issues with the Bank. Now, I want to transfer my education loan to Corporation Bank. So, I would like to know that is it possible for me to transfer my education loan in this bank?




 
10th June 2018, 10:49 PM
ppsahu
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Join Date: Apr 2018
Posts: 12,628
Default Re: Is it possible to transfer existing education loan to Corporation Bank?

Yes, it is possible. As you want to transfer your education loan to Corporation Bank. Hence you should visit to the Corporation bank. and they will ask you to provide a list of documents.

=>Loan Balance Transfer Tips:

1. Compare processing charges

2. Study for closure and part payment rules.

3. Read terms and conditions carefully.
 
11th June 2018, 11:51 AM
ppsahu
Senior Member+++++
 
Join Date: Apr 2018
Posts: 12,628
Default Re: Is it possible to transfer existing education loan to Corporation Bank?

No, it is not possibility to transfer education loan repayment from other Bank to Corporation Bank. Borrowing or transfer of other banks is not allowed under the Corporation Bank Education Loan Scheme.
 
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