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  #1  
28th December 2016, 04:14 PM
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For up to how much amount should I apply for an education loan at Bank of Baroda to study B.Pharma? Will I have to show my property for it?


Hello sir, I want to study B.Pharmacy course from a private college and ofcourse fee is very high. Please tell me for how much amount I can apply for an education loan at Bank of Baroda? Will I have to show my property for it?




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  #2  
31st December 2016, 10:07 PM
SudeepKumarSaha
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Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: For up to how much amount should I apply for an education loan at Bank of Baroda to study B.Pharma? Will I have to show my property for it?

You should apply for the education loan for the amount which is required for your study expense and you cannot afford. Education loan up to 7.5 lakhs is the best option as it does not require any collateral security. For education loan above 7.5 lakhs, you need to mortgage property. Hence, if you can manage the expense beyond 7.5 lakhs, then you should go for 7.5 lakhs provided your course expense is that much. Banks will allow education loan as per your course expense.
Do you have any question? or have anything to say?



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