Education and Career Forum

education loan... sir i have taken education loan in sbm bank and i have failed in 1 subject will the bank continue proving me loan for second year plz replay me sir.

Yes, the bank will pay fees for your second year, even if you have failed in one subject in your first year. There is no need to worry about this, because having one backlog is not a big issue, you can definitely get your education loan amount to continue your studies. But, be careful, because some banks will deny education loan, if the candidate have more number of backlogs.

Yes, it will continue providing loan even after failing in one subject. It will stop providing loan only when you are detained from the college and when you cannot get your bonafied from the college as a proof of study.

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Sir, I am detained in 1st year & I've taken 3L education loan for 4 years. Will the bank stop giving loan?? Is there anything that I can do right now to have the bank continue giving me loan?