#1
30th October 2016, 09:10 PM
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What is the maximum amount I can get for loan in Kotak Mahindra to study in future in UK?
Maximum how much education loan can i get from kotak mahindra bank to give 2nd mate exam in UK? Can you please guide me the information on this? It will be really helpful if you can provide me the answer on this as soon as possible. Thank you!
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#2
31st October 2016, 07:14 AM
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Education loan is given for a particular course to be pursued by the student and not for any entrance exams. However, all exam fees related to the course for which education loan is taken will be covered under education loan. The maximum loan amount which can be taken -
- 10 lakhs for study in India - 20 lakhs for study in abroad - 30 lakhs for studying professional courses in the premier or top institutes of the world or country. |
#3
31st October 2016, 05:08 PM
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The maximum amount offered by Kotak Mahindra Bank for higher studies in Abroad is Rs. 20 lakhs. To get an Education loan of more than Rs. 7.5 lakhs from Kotak Mahindra Bank, you should have to submit Collateral Property equal to bank loan amount suitable to bank. You should have to submit your admission letter to the bank to get your loan sanctioned for pursuing your higher studies in UK.
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