Education and Career Forum

Sir/Mam,

If I had got admission in btech electronics&communication engineering.what can i do for taking education loan? What is procedure which I need follow to get the educational loan? Can you please guide me with the complete information on the same?

Nowadays it is very common among the students that they take educational loan for their B. Tech course.. Not only this banks are also aggressive in providing the loan for the course..

For this following are the documents you have to require:
--12th and 10th mark sheet and passing photocopy.
--Entrance exam score card as IIT JEE or any other through which you have got admission in that college..
--address and identity proof..
--2 or 3 colour photograph..
--Admission call letter which you got from the college at the time of counselling..

Following are the procedure you have to follow:
--visit to nearest bank branch office from which you want to take the educational loan..
--fill the form which is given by the bank official..
--attach all the documents with the form and submit it to the bank official..
--your loan will be sanctioned within 15 days..

**Note: Nowadays you can apply educational loan online after filling the online form which is available in the bank website..

To get admission in B.Tech in ECE you need to get good score in Entrance exam whether it is National or International level. And this score will help in to get a loan for your studies. Since with out certain merit bank will not give you a loan.

And for this you need to submit these documents and it may vary from bank to bank. This list is the standard one which is followed by almost every bank.

<> Mark list

<> Entrance Exam score card

<> Hall Ticket

<> Residence certificate

<> Income Certificate

<> surety ( Some times ) for higher amount

<> KYC Norms (Proofs ).

You need to apply for the Loan to a Bank of your choice.
You must provide the Letter of Admission that will be provided to you by your University as a Document for the Bank for your Educational Loan.
You must also show a guarantor for the Loan that will be taken.
You must also show the Income tax return that is filed by the guarantor
Once you do this your Loan will be sanctioned by the Bank where you are applying for the Loan.
This is the procedure which you need to follow to get the Educational Loan.

Procedure to get education loan :-

- First of all, you need to get admission call from a recognized institute.
- Get the prospectus of the concerned college.
- Approach any bank close to your residence preferably where you have account.
- Speak to the branch manager concerning the education loan.
- Get to know the details of education loan, norms and terms and conditions.
- If satisfied with the talk and if positive response from the bank, proceed further by following the instructions of the bank and completing the norms of education loan.