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27th May 2015, 12:25 AM
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Should I apply for a Personal Loan of Rs. 1.75 Lacs to study MBA if already pre-approved Education Loan of the remaining amount?


Sir,
I need to deposit Rs. 1.75 Lacs in 2nd week of next month to a B-School as a fee for MBA course. I already have a pre approved education loan for rest of the amount from tie up Banks with the B-School. Will I be eligible to apply for an Educational Loan from some other Bank or do I have to avail a Personal Loan? How soon can this be processed??





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  #2  
28th May 2015, 05:41 PM
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Thumbs up Re: Should I apply for a Personal Loan of Rs. 1.75 Lacs to study MBA if already pre-approved Education Loan of the remaining amount?

Quote:
Originally Posted by Unregistered View Post
Sir,
I need to deposit Rs. 1.75 Lacs in 2nd week of next month to a B-School as a fee for MBA course. I already have a pre approved education loan for rest of the amount from tie up Banks with the B-School. Will I be eligible to apply for an Educational Loan from some other Bank or do I have to avail a Personal Loan? How soon can this be processed??

Since, you have tie up with the college respective Bank and you will be sanctioned the Loan at the correct time then why are you worried for the Loan from other Bank. But, if you want then you can apply for the loan from other bank if you have not applied to any bank before that.
Do you have any question? or have anything to say?





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