Education and Career Forum

Respected Sir,
I am a 12th BSEH and I want an Education Loan of Rs. 1.5 Lacs to study BBA. After few years again I want an Education Loan for studying MBA also. What should I do?

The education loan upto Rs. 4 lacs is offered by the banks without any security. So, you can take an education loan from the bank for pursuing BBA course. You can clear that education loan and once again you can take the education loan for pursuing Education loan. For approval of education loan, you must have all the required documents related to your studies and property. Once, all the documents are submitted and verified by the bank, your Education loan will be approved within 10-15 working days.

You should do the following in order to get an education loan of 1.5 lakhs. Since 1.5 lakhs is quite low amount, so you can get the education loan sanctioned easily.

- First get admission in a well recognized institute.
- Then act as per bank's instructions to complete all formalities.
- Comply with the terms and conditions of education loan scheme.
- For MBA course, you need to get admission in one of the top institutes of country if you are unable to repay the loan of BBA course.