#1  
24th March 2015, 07:13 PM
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How much amount will be sanctioned in Bank Education Loan to study MS in USA?


Hello,
I have completed my 12th with 86% marks.
I am studying in B.Tech in 1st year now.
After my B.Tech I want to do MS from USA.
I just want to know that upto what amount I
can get in an Education Loan by Bank?




  #2  
31st March 2015, 02:03 PM
SudeepKumarSaha
Senior Member+++++
 
Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: How much amount will be sanctioned in Bank Education Loan to study MS in USA?

It is nice to see that you are aspiring for higher studies after your B.Tech course and want to pursue MS course. You can definitely get education loan to meet the expense of your MS course from USA. You can get upto 20 lakhs as education loan amount for studying MS course in USA. However, there are certain norms which you need to fulfill. Some of the important terms and conditions are :-

- Mortgage of property like house, land, vehicle, etc. is required.
- Third Party Guarantor is required.
- Stable source of family income should be there.
- 20-25% security deposit is required (depends on the concerned bank from which you are taking loan).
- The institute should be well recognized and well reputed.
Do you have any question? or have anything to say?



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