Education and Career Forum

My question might seem silly to many but that's true in this era where even schools ask for lacs for admission. Have a bank loan facility to admission for intermediate school?

Education loan is granted by various banks for pursuing professional courses like MBA, MBBS, MD, Engineering etc. Bank interest varies between 12 to 13 per cent annually. Incase of India, you can get a loan of Rs 10 lakh approximately while for abroad studies, Rs 20 lakh can be granted. Some banks can provide loans amounting Rs 1 crore against residential property like land.