Education and Career Forum

Hello everyone, I am interested to apply for an education loan in Ahmedabad Mercantile Co-Operative Bank for studying MBA course. Can I know the process to apply an education loan in this through online? Please tell me about the process of disbursement of loan also.

Procedure to apply
Those who have got confirmed admission can apply for education loan

Must be an Indian citizen

Must have secured admission on the basis of merit in a government recognised college.

One can get upto INR 10 lacs for Indian colleges and INR 20 lacs for abroad colleges

For application purpose , one can either fill the form online or can visit the nearby branch of bank and get the form from there.

For loans upto INR 4 lacs , no collateral security is required.