12th July 2015, 12:32 PM
Posts: n/a

Will bank sanction loan for UPSC Exam coaching?

Sir, I have completed my post graduation in political science(honors) in ravenshaw university, Odisha. Now i want to prepare for UPSC exam through coaching in Delhi.but my family can't afford me for this..so I need the loan,if the banks sanction me the study loan .so can I get the loan??

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17th July 2015, 04:58 PM
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Join Date: Oct 2014
Posts: 2,807
Default Re: Will bank sanction loan for UPSC Exam coaching?

You cannot get education loan to take UPSC coaching or any other coaching, because bank does not offer education loans to take coaching and bank offer education loan only to career oriented courses, through which a candidate can secure a job. So, you cannot get education loan to take UPSC coaching.
6th August 2015, 06:19 PM
Senior Member++
Join Date: Jun 2013
Posts: 1,303
Default Re: Will bank sanction loan for UPSC Exam coaching?

Hello Friend...

It's nice that you have decided to prepare UPSC exam...

Education Loan is not provided to you as it is available for those who got admission in engineering and medical course..

Apart from this, you can get personal loan... For this you have:

--proof of residence..

--gurantor or mortage such as property paper or any other thing..

For more details you can visit to nearest bank branch regarding this...

All the best...
30th June 2023, 11:16 PM
Join Date: May 2023
Posts: 139
Default Re: Will bank sanction loan for UPSC Exam coaching?

Yes, banks do provide education loans that can be utilized for various educational purposes, including UPSC exam coaching. However, the availability and terms of the loan may vary depending on the bank's policies and your eligibility criteria.

To apply for an education loan for UPSC exam coaching, you would need to fulfill requirements, such as:

Admission or enrollment in a recognized coaching institute or program for UPSC exam preparation.

Meeting the bank's eligibility criteria, which may include factors such as age, academic qualifications, and creditworthiness.
Providing the necessary documents, such as proof of admission, identity proof, address proof, income proof of the applicant or co-applicant, and academic certificates.

The loan amount and repayment terms may be subject to the bank's assessment and discretion.
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