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#1
4th October 2018, 11:48 PM
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Whether a candidate is eligible to get amount against accidental purpose in education loan granted by State Bank of India?
Hello, my son met with an accident during his study of MBA, pursuing in Bangalore. He is studying with education loan of State Bank of India. In this case, he get money for his cure or not? As the Bank term and conditioned has mentioned the loan against miscellaneous expenses will be granted. So, he is eligible for getting loan for his recovery?
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#2
14th September 2022, 12:19 PM
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Re: Whether a candidate is eligible to get amount against accidental purpose in education loan granted by State Bank of India?
Education loan mainly covers expenses related to studies.
Such accidental expenses will not be covered under education loan. Some of the expenses covered under education loan are Travel expenses Library /laboratory fees Caution deposit Cost of equipment Insurance premium of student. |
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