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25th August 2015, 06:45 PM
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Whether all Banks will offer me Education Loan of Rs. 6 Lacs to study B.Tech? What are the terms of an Education Loan?


Hello,
I am looking for an Education Loan for Rs. 6 Lacs. I am looking out to pursue B.Tech. I would like to know that all Banks will be ready to grant me an Education Loan and what will be the terms of the Loan.
Thanks and Regards-
Sankalp Sharma





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  #2  
3rd January 2016, 09:39 PM
bhushankumar398
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Join Date: Jun 2013
Posts: 1,303
Default Re: Whether all Banks will offer me Education Loan of Rs. 6 Lacs to study B.Tech? What are the terms of an Education Loan?

You are interested in taking educational loan of amount 6 Lakh. Yes, definitely almost all the Indian banks will provide you loan of that amount.

Following are some terms and conditions for taking the educational loan:

**Documents required:
--Admission Slip
--Xerox copy of your previous academic qualification
--Color Photo

**Security
--Up to 4 lacs- No security
--Above 4 lacs and up to 7 lacs- Satisfactory third party guarantee

**Repayment
--Commences two years after completion of the course or six months after getting employment, whichever is earlier.

**If you have any doubt regarding the educational loan, then you can go through the detailed information of education loan which I am providing to you.
Attached Files
File Type: pdf 07_Education_loan.pdf(69.6 KB, 34 views)
Do you have any question? or have anything to say?



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