Education and Career Forum

I am willing to pursue Master in Science from abroad so, I need education loan of 15 lakh from Union Bank of India. Please tell me what should I do for it?

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I am willing to pursue Master in Science from abroad so, I need education loan of 15 lakh from Union Bank of India. Please tell me what should I do for it?

Students who got admission through the appropriate selection process and cleared the qualifying examinations are eligible to apply for an education loan of Rs 15 Lakh from Union Bank of India. Students can apply online (through Vidya Lakshmi Portal also) or can contact any Union Bank of India branch for getting education loan. They have to provide tangible collateral security of minimum value equivalent to the loan amount and parent have to necessarily join as co-applicant to get an education loan of Rs 15 Lakh from Union Bank of India. Students have to apply for an education loan with necessary documents like proof of identity, proof of address, PAN Card, Bank statement of last 12 months, Academic records, Photographs, Collateral Documents, etc. Union Bank of India website link is given Click Here

To get an education loan of Rs. 15 lakh from Union Bank of India for pursuing your Master of Science in Abroad, you should have secured admission letter from the Abroad university and you have to contact the bank manager regarding the education loan. You have to directly visit the bank or you can apply for an education loan through online by submitting the documents like Admission Letter, Income Proof, Address Proof, Identity Proof, etc., for processing your education loan.