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  #1  
5th August 2015, 02:18 PM
Unregistered
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Is there any benefit of having LIC policy and Mediclaim while applying for an education loan?


Hello Sir,
I am a student of 12th standard and preparing for JEE Main and Advanced. Suppose if I get a chance to study B.Tech then I can apply for Education Loan? I also have an LIC policy of mine and a Mediclaim. So, I can get any benefits for getting Education Loan?




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  #2  
3rd January 2016, 08:41 PM
bhushankumar398
Senior Member++
  
Join Date: Jun 2013
Posts: 1,303
Default Re: Is there any benefit of having LIC policy and Mediclaim while applying for an education loan?

Educational Loan is provided to those students who pursue professional course such as Engineering, Medical, Hotel Management etc. You will get the loan amount of tuition fee, hostel fee and other expenses which you mentioned in the form.

**You will not get any benefits from LIC policy and Mediclaim. Life Insurance Corporation is associated to insurance policy. So there is no relation of it with the educational loan.

**For getting the educational loan apply online the educational loan to the respective bank through which you want to take the educational loan or visit to the nearest bank branch office of that bank then fill the form and submit it with relevant documents.
Do you have any question? or have anything to say?



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