Whether Andhra Bank will sanction loan amount to my Student Account?

#1 9th October 2018, 11:54 PM

Sir, I want to know that if my Education Loan from Andhra Bank sanctioned possibly then the loan amount will come directly to my Student Account which I have in Andhra Bank? Kindly tell me about this as soon as possible.

#2 27th October 2018, 08:14 PM

No, Andhra Bank will not sanction loan amount to your student account. If your education loan is approved by Andhra Bank, a separate account will be opened for you to credit the education loan amount. You should have secured admission to higher education course in a recognised college/ university to be eligible to apply for an education loan in Andhra Bank.

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Whether Andhra Bank will sanction loan amount to my Student Account?

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