Education and Career Forum

Hello Friends,
While applying for Bank Education Loan, there is a column named Borrowings in the application form. What I have to fill in this column? Please reply as soon as possible.

This is an important column and one of the mandatory column in education loan application form. You need to fill the following details if any in that column :-

- Your other loans which can be personal loans, housing loans, etc.
- Your other debts and liabilities which you need to repay back in future or currently repaying.

This is an important column and one of the mandatory column in education loan application form. You need to fill the following details if any in that column :-

- Your other loans which can be personal loans, housing loans, etc.
- Your other debts and liabilities which you need to repay back in future or currently repaying.

In that space, you have to fill any other loans which you or your father who will co borrower in sanction of loan has taken in past and loan is yet not paid. Bank before sanctioning of loan just want to know whether you are trust worthy or not.

It is also done in order to have knowledge about your other liabilities. There is nothing to worry, it does not have any impact on sanction of education loan. You must provide all concerned documents for quick sanction of loan.

If you have taken any other loans apart from this loan, you need to fill that loan in borrowings section of education loan.

This section is to know about how much debt or loans you have taken from different banks.