Education and Career Forum

Hello,
I have completed my Graduation but even I"ll write ICET, I didn't get reimbursement. That is why I have decided to study MBA on Student Loan. Can you explain the process for getting an Education Loan?

To get an Education for pursuing MBA course through ICET entrance examination. You must have qualified and secured admission in MBA course through ICET entrance examination.
To get an Education loan for pursuing MBA course, you need to submit the below mentioned documents to bank :-

1. Proof of Identity
2. Proof of Address
3. Passport Size Photographs
4. Academic Certificates
5. Income Proof
6. Application Form
7. Collateral Security (if education loan amount is more than 7.5 lakh rupees)
8. Admission letter

In order to get education loan first of all you should have good marks in your 10th, 12th and graduation. After that you will have to apply for education loan in any such bank you wish to. The bank will then ask for some education related documents and mortgage in lieu of the loan sanctioned by them.

You will however have to provide all the documents required by the bank and after that I am sure if you will be eligible, you will very much avail education loan in order to study further.