Education and Career Forum

DEAR Sir/Madam 'm interested to study diploma airline and airport management course from skywings college calicut i don't know it is a govt approved college. I am just passed plustwo with above 70% marks my financial status is not good in now and i wanna know about if there is any education loan for this course. In their advertisement i notice that about their part-time job also is it true in this condition. If this course have any opportunity in future

Yes there are various banks that provide education loan for such purpose.

In order to apply for loan, one must have financial stability in order to repay the loan.
They must have good academic background.
There must no arrears in repayment of loan.
You can get a new loan until you have cleared the previous loan.
Various banks offer loan at various interest rates.
SBI bank
Bank of Baroda
PNB Bank
Axis Bank etc

In India banks to offer loans for specialised courses, training and diplomas. along with the course taken a bag also takes into consideration the reputation of the college from which you have registered for the course. the college must have good placement records so that you are in a position to repay the loan in future. The college must be recognised by the government for the bank to grant the education loan. the interest rate on the loan is it different for different banks which varies from 8 % to 14%. Some of the banks which offer education loan for diploma courses include:-

> State Bank of India
> Bank of Baroda
> Bank of India

--- YES, in India banks to offer loans for specialised courses, trainings and diplomas.
For loan amount above 7.5 lakhs, the Bank require Collateral in the form of a security deposit and education loan covers almost all the expenses necessary to complete the course.

Education loans are mostly given for professional degree job oriented courses.

The course you have mentioned is not quite popular, so I fear that not most of he banks would offer a loan for that.

For the degree or diploma course in pilot training, you need to first secure admission to the college. After which on the valuation of the fee and other expenses of the course the bank will approve your education loan.

Yes, you will get education loan. You need to first secure admission to the college. After which on the valuation of the fee and other expenses of the course the bank will approve your education loan. And you have to pay the borrowed loan amount when your course is completed in the tenure of 15 years.