Education and Career Forum

Will I get education loan for pursuing BCA course from private institutes?

--- If the universities approved by UGC/ AICTE then only will get an education loan and to get an education loan the candidate need to visit official website of the bank or else can visit the nearest branch of the bank and have to fill up the application form and then the borrower need to submit the quite documents by the bank such as admission proof ID proof address proof, education documents, last 6 months bank statements record of the applicant, co-borrower, etc.

Is loan available for BCA candidates from private university? If the university is approved by UGC/AICTE, then only you will get an education loan.

Will I get education loan for pursuing BCA course from private institutes?

The answer is YES.

The candidate can get an education loan for pursuing BCA course from private institutes. Given are the banks that can give you loan instantly:

1. HDFC Bank,

2. ICICI Bank,

3. Axis Bank.

Will I get education loan for pursuing BCA course from private institutes?

Yes.

Name of Bank Interest Rate (p.a.) Processing Fees
SBI 6.70% to 8.65% Up to Rs.10,000
Axis 13.70% to 15.20% Nil to Rs.15,000 + GST
Bank of Baroda 8.85% to 10.85% 1% of loan amount up to Rs.10,000
HDFC 9.55% to 13.25% Up to 1% of loan amount + tax

One can easily get loan if the institution or college in which they are taking admission is a recognised college.

And the college has good placement facility.

And the applicant must have secured admission on the basis of entrance exam as well as merit.

They must have confirmed admission in a professional course

The applicant must have a good academic background .

If they fulfill all the above eligiblity criteria then they are eligible for education loan for BCA.

Yes. You will get an education loan for pursuing BCA course if the university is approved by UGC/AICTE.

Please find below the documents required to apply for an Education Loan.

1) Mark sheets or passing certificates of 10th, and 12th

2) Copy of admission letter of the Institute along with fees schedule.

3) Bank Statement or Pass Book of last 6 months

4) KYC documents

°°° If the university is approved by UGC/AICTE then only will get an education loan to pursue BCA from a private University.
You get an education loan the candidate need to visit your official website of the bank or else can visit the nearest branch of the bank and have to fill up the application form then the borrower need to submit the required documents by the bank such as admission proof, ID proof, address proof, educational documents etc.

Yes, you will get education loan for pursuing BCA course. But the university must be approved by UGC/AICTE, then only you will get an education loan.

For pursuing BCA course from private institutes, candidates can get an education loan if they have the following documents.

1. Academic qualification mark sheets
2. A copy of the Institute's admission letter, as well as the cost schedule.
3. Last six months' bank statement or passbook
4. KYC documents
5. Identity proof like voter ID card, driving license, etc.