Education and Career Forum

Hello friends, I am interested to take loan for my education of BBA+LLB. I want to know about the rules of taking loan for studying in BBA+LLB. The total cost of my this course is Rs. 6 Lacs. I haven’t take admission yet. So, I want to apply for loan of this sum of rupees. Kindly tell me the rules for this?

Rules and conditions

The applicant must be an Indian National
Must have secured admission in a reputed college.

Must have taken admission in the aforesaid course on the basis of entrance exam or merit.

Can get upto INR 10 lacs for Indian colleges and INR 20 lacs for abroad colleges.

No collateral security is required for loans upto INR 4 lacs.

For loans above INR 7.5 lacs , both collateral security as well as third party guarantee is required.

The credibility of borrower is also being considered .