Education and Career Forum

What is the criteria followed for getting education loan for doing BBA LLB? Can you please give me the minimum criteria required to get the loan processed? Is it easy to get or more formalities are available for it? Awaiting for your valuable suggestions on this matter.

Originally Posted by Unregistered

What is the criteria followed for getting education loan for doing BBA LLB? Can you please give me the minimum criteria required to get the loan processed? Is it easy to get or more formalities are available for it? Awaiting for your valuable suggestions on this matter.

Candidates should have obtained admission to BBA LLB course in any recognized law college for getting education loan. For getting an education loan, candidates have to provide necessary documents like letter of admission, address proof, identity proof, aadhar card, academic mark sheets, pan card of the student and parents, income proof etc. Candidates are eligible to get an education loan based on their fees and other expenses. Candidates have to contact the bank branch for more details regarding education loan. Maximum of Rs 10 Lakhs is offered as an educational loan to study in India.

First of all you must have confirmed admission at the said college and after that you can apply for loan based on the fee structure. Banks will ask you for all the documents to apply for it.

They will review your application and also have a look at your credit score to make sure, whether you will be able to pay back or not. If they are sure that there is no risk in giving you loan, they will surely sanction your education loan.