#1  
20th June 2014, 08:51 PM
Unregistered
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What should I do if no bank co-operates for education loan?


I have taken admision for pgdm at KIMDS Ranchi .Nd deposited Rs 25000 but when went for loan for remaining amount none any bank co operate.they r behaving like a begger.Yet the institutes administration say loan will b easily sanctioned. I ev visited for 2 months to many bank but none co operate.i m very upset mentaly nd economicaly.pls advice me what should i do?
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  #2  
28th June 2014, 02:59 PM
SudeepKumarSaha
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Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: What should I do if no bank co-operates for education loan?

It is quite sad to know your condition. However, there is no need to worry much. You have certain options opened before you which you should try.

- Contact other banks which you have not tried so far. Make sure you take all the documents and comply with all the instructions given by bank.
- Talk to the college authority and get to know the banks which have tie-up with college or get some recommendation from college. Approach those banks.
- Approach regional banks or small banks which are quite eager to offer loan and that too without much norms.
Do you have any question? or have anything to say?



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