#1  
25th June 2010, 02:34 PM
Unregistered
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Can I get education loan for M.Tech. just after B.Tech. if I have taken loan in B.Tech. too?


i am srikanth and i have completed my B. Tech in aeronautical engineering.
Please tell me which is the best course for me to take in M. Tech.
AERONAUTICAL itself or structural?
i have completed my B. Tech with education loan and i am planning M.Tech also with education loan.
i immediately want a job after the completion of my M. tech......
please please reply me quickly.............





Last edited by ForumStaffOne; 26th February 2011 at 01:41 PM.
  #2  
27th February 2011, 12:57 PM
rohitkumarramesh
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Posts: 2,266
Smile Re: Can I get education loan for M.Tech. just after B.Tech. if I have taken loan in B.Tech. too?

Hi

Since you have completed your engineering in aeronautics and
you are interested in doing M.Tech so its good to do your M.tech
in same field. By doing this you will be more technical in your field
and also this subject is in your touch or we can say you have better knowledge about the aeronautics so doing M.tech in this is best option.

Education Loan
Yes you can take education loan for your further studies. For this you
have to show all the relevant documents asked by the bank. There is no problem in taking loan for higher studies. You will easily get loan for your Masters degree.

You can take loan from the following banks.
SBI
HDFC
ICICI
AXIS
PNB etc.

GOOD LUCK
  #3  
27th February 2011, 05:27 PM
maddusajj
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Location: bhimavaram
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Default Re: Can I get education loan for M.Tech. just after B.Tech. if I have taken loan in B.Tech. too?

hi..
there is no need to take an educational loan in m.tech because if you are an gate qualified student doing an m.tech course then the government of India provides an stipend of rs.8000 per month ,
so there is no need to take an loan,
also for admissions into good colleges like iit you have to clear gate exam with good score so you should now start preparing well for the exam and and do well,
there are only few colleges in India which offer m.tech in aeronautical engineering and the competition is also great so you have to do well in the gate exam.
also if you get an admission in college like iit then the fees there is very low and rs.8000 will be more than what you can bargain for,
you can also pay the money of your previous loan which you took for your b.tech if you make the rise use of money ,from what you will get as an stipend
  #4  
27th February 2011, 07:31 PM
Gaurav.jain88
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Location: Gurgaon
Posts: 602
Default Re: Can I get education loan for M.Tech. just after B.Tech. if I have taken loan in B.Tech. too?

Yes you can take loan for MTech banks are happy to provide education loan for higher studies.
There is no matter whether you have taken loan for BE/Btech.
But if I think there is no need to take loan for MTech as scholarship will be given to you while studing. An amount of around Rs.8000/- will be given to you per month so that you can fullfil your need.
Extra amount is also given to you for stationary and other study material.
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  #5  
27th February 2011, 08:51 PM
Sneha1247
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Location: dream world
Posts: 324
Thumbs up Re: Can I get education loan for M.Tech. just after B.Tech. if I have taken loan in B.Tech. too?

Hi!!!!
To get a good future better to go in the same field in which you already have so better to do M.Tech in aeronuatical engineering.
And if you already taken loan for your B.Tech than i do not think that you can take a loan again without paying your previous loan but if you start paying your education loan from now than you can apply for another education loan.

with best wishes!!!!
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  #6  
27th February 2011, 08:55 PM
JAMESS
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Default Re: Can I get education loan for M.Tech. just after B.Tech. if I have taken loan in B.Tech. too?

as you have done B.Tech in aeronautical engineering so it is better option for you to do M.Tech in aeronautical engineering. but if you got chance in a good institution in structural and if you are not able to get aeronautical engineering then you should take structural. because in M.tech institution matters a big. you should do M.Tech from a good institution.


after aeronautical engineering scope and job opportunity is very high. if you study attentively and you have good knowledge on subject then surely you will get good job after completion of your M.Tech. do your M.Tech project very carefully and prepare the project paper wisely.


obviously you may take loan at the time of M.Tech study though you have loan on B.Tech. but i will suggest to take admission in M.Tech through GATE examination. then you will get stipend for M.Tech study from the government and then you do not have to take any loan. even you will get chance to take admission in good institution if you have good GATE score. otherwise join in any company and after few years experience apply for M.Tech through company reference in a good institution.


best wishes.
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  #7  
27th February 2011, 09:16 PM
foreturner
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Join Date: Feb 2011
Posts: 582
Default Re: Can I get education loan for M.Tech. just after B.Tech. if I have taken loan in B.Tech. too?

Both the courses you have chosen are good... now since

aeronautical is your core field M.Tech in it makes more sense

however you can also go for structural as it is much in demand

and you will get good career afterwards.follow your interests, in final selection and

locations etc where you want to travel/ settle.

Now about your Bank Loan for studies... yes you can get loan

from banks ... in fact you can get extension of your existing loan from

your current bank itself.. they will be more that happy to.

you will also probably save on interests as you wont have to pay compounding interest on your loan.

you will get a raise in loan amount and for which you probably may have to

give some mortgage.(generally on 7.5 lakhs around you need to give mortgage)
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  #8  
27th February 2011, 09:16 PM
omprakash sharma
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Join Date: Feb 2011
Posts: 406
Default Re: Can I get education loan for M.Tech. just after B.Tech. if I have taken loan in B.Tech. too?

Hi,
as you have done B.Tech in aeronautical engineering so it is better option for you to do M.Tech in aeronautical engineering. but if you got chance in a good institution in structural and if you are not able to get aeronautical engineering then you should take structural. because in M.tech institution matters a big. you should do M.Tech from a good institution.


after aeronautical engineering scope and job opportunity is very high. if you study attentively and you have good knowledge on subject then surely you will get good job after completion of your M.Tech. do your M.Tech project very carefully and prepare the project paper wisely.


obviously you may take loan at the time of M.Tech study though you have loan on B.Tech. but i will suggest to take admission in M.Tech through GATE examination. then you will get stipend for M.Tech study from the government and then you do not have to take any loan. even you will get chance to take admission in good institution if you have good GATE score. otherwise join in any company and after few years experience apply for M.Tech through company reference in a good institution.
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  #9  
27th February 2011, 09:16 PM
sanjay kumar saini
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Join Date: Feb 2011
Posts: 560
Default Re: Can I get education loan for M.Tech. just after B.Tech. if I have taken loan in B.Tech. too?

Hi,

M.Tech is best choice after B.Tech.if you take admission in M.Tech by GATE exam it is good for you.

GATE is a top level exam for engineering student who want to do M.Tech.by M.Tech you can get admission in IIT college for M.Tech.

You can get education loan for M.Tech degree.various banks provide education loan to student.to get loan student first show his document related to his education.various banks who provide loan -

SBBJ
Bank of Baroda
ICICI
AXIS

Best of luck.
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  #10  
27th February 2011, 10:24 PM
pops07
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Location: Chittaranjan
Posts: 2,717
Default Re: Can I get education loan for M.Tech. just after B.Tech. if I have taken loan in B.Tech. too?

why not??

you can take loan for doing M.tech despite of taking loans in Bachelors..

There is no problem there....

And to further studies, stick to aeronautical because that is your field, it will strengthen you because you have that base...

don't worry, after M.tech you will definitely get a good job soon..

So all the best.
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  #11  
27th February 2011, 10:30 PM
pops07
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Join Date: Jan 2011
Location: Chittaranjan
Posts: 2,717
Default Re: Can I get education loan for M.Tech. just after B.Tech. if I have taken loan in B.Tech. too?

why not??

you can take loan for doing M.tech despite of taking loans in Bachelors..

There is no problem there....

And to further studies, stick to aeronautical because that is your field, it will strengthen you because you have that base...

don't worry, after M.tech you will definitely get a good job soon..

So all the best.
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  #12  
15th April 2011, 08:41 PM
sureshcbe
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Join Date: Apr 2011
Posts: 371
Default Re: Can I get education loan for M.Tech. just after B.Tech. if I have taken loan in B.Tech. too?

Quote:
Originally Posted by Unregistered View Post
i have completed my B. Tech with education loan and i am planning M.Tech also with education loan.
You cant get it unless you repay the UG loan

Quote:
Originally Posted by Unregistered View Post
i am srikanth and i have completed my B. Tech in aeronautical engineering.
Please tell me which is the best course for me to take in M. Tech.
AERONAUTICAL itself or structural?
i have completed my B. Tech with education loan and i am planning M.Tech also with education loan.
i immediately want a job after the completion of my M. tech......
please please reply me quickly.............

Quote:
Originally Posted by Unregistered View Post
i am srikanth and i have completed my B. Tech in aeronautical engineering.
Please tell me which is the best course for me to take in M. Tech.
AERONAUTICAL itself or structural?
Changing the course will make many problem during your job search, in caeer and in interview. so its better not to change the course.


Quote:
Originally Posted by Unregistered View Post
i immediately want a job after the completion of my M. tech......
It depends on your hard work, your dedication to the studies.
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  #13  
6th February 2012, 02:05 PM
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Default Re: Can I get education loan for M.Tech. just after B.Tech. if I have taken loan in B.Tech. too?

how to get loan for taking admissionin b.tech courses
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  #14  
8th June 2013, 04:14 AM
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Default Re: Can I get education loan for M.Tech. just after B.Tech. if I have taken loan in B.Tech. too?

I had taken loan for engineering and i m in final year and want to study further and want to do mba ... Did same bank provide me loan in continous for master degree
Means can bank give me loan for my mba with pending my engineering loan
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  #15  
30th May 2014, 01:19 PM
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Default Re: Can I get education loan for M.Tech. just after B.Tech. if I have taken loan in B.Tech. too?

My son is doing B Tech (Civil), and I have already taken loan from Bank (Rs.3 lakhs), can my son get more loan for doing M Tech (Civil). If yes, should I mortgage to bank ???? Please advice. Email id [email protected]
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  #16  
25th June 2014, 02:00 PM
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Default Re: Can I get education loan for M.Tech. just after B.Tech. if I have taken loan in B.Tech. too?

Can i Apply for education loan but my previous loan amount is pending upto Rs.2.50 lacs/
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  #17  
5th August 2014, 05:21 PM
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Default Re: Can I get education loan for M.Tech. just after B.Tech. if I have taken loan in B.Tech. too?

I have taken loan for my Btech. can i take loan for my mtech from another bank?
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  #18  
1st September 2014, 10:28 PM
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Default Re: Can I get education loan for M.Tech. just after B.Tech. if I have taken loan in B.Tech. too?

i had a loan for my 1st b.tech from sbi. i have completed my b.tech 1st sem with 2 backlogs. Now i entering into 2nd year. I want to take loan for this year also. Can i get loan for this year?
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  #19  
2nd October 2014, 12:51 PM
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Default Re: Can I get education loan for M.Tech. just after B.Tech. if I have taken loan in B.Tech. too?

Hi my name is mirja sohel I have completed my b.tech in mechanical. I want to do mba now .suggest me is it good or not?
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  #20  
21st June 2017, 01:48 PM
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Default Re: Can I get education loan for M.Tech. just after B.Tech. if I have taken loan in B.Tech. too?

I have taken education loan for aviation course now I want to take btech do i am eligible for taking another education loan
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  #21  
15th November 2018, 04:26 PM
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Default Re: Can I get education loan for M.Tech. just after B.Tech. if I have taken loan in B.Tech. too?

Can I take a second education loan to pursue M.Tech if I had already taken a loan for B.Tech?
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