Education and Career Forum

Hello Everyone,
Can I get an educational loan to study Fashion Designing in Kalinga Institute, Odisha? Please reply as soon as possible. Waiting for your reply.

Fashion Designing is a professional course. You can get educational loan for pursuing this course from Kalinga Institute. There are numerous banks both in public as well as in private sector where you can apply for education loan. Out of all banks, State Bank of India is the best for sanction of Education loan in public sector.

First, you will have to education loan letter from your institute containing details of fee structure and after that visit any bank and take education loan form and fill it. You will have to provide important documents like Proof of Identity, Address Proof, PAN Card of yours and parents, academic certificates etc. After assessment of your loan form, you will come to know how much loan can be sanctioned. For loans upto 4 lacs, there is no need of collateral or guarantor.

For loans above 4 to 7.5 lacs, there is need of guarantor and for loans above 7.5 lacs, you will have to mortgage asset for sanction of loan.