Education and Career Forum

I came to know that there are different requirements for different amount set for education loan in India. If I want to study Bachelor in Financial Management with an education loan then what I have to do? What are all the requirements?

To get an education loan for pursuing Bachelor in Financial Management course, you should have secured admission in a Government recognised college/ University through entrance examination or merit based selection process. You can get an education loan of upto Rs. 4 lakhs without any security. Your parents/ guardians to be joint-borrowers for getting an education loan in between Rs. 4 lakhs to Rs. 7.5 lakhs. For getting an education loan of more than Rs. 7.5 lakhs, you should have to submit the collateral security documents to bank for processing your education loan.

To get an education loan for pursuing Bachelor in Financial Management course, you should have secured admission in a recognised college/ university through merit based selection process/ entrance examination. You have to apply for an education loan through online at the respective bank official website or directly by visiting the nearest bank branch. You can get an education loan of upto Rs. 4 lakhs with any collateral security.