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  #1  
10th August 2015, 03:08 AM
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Is it possible to apply for Education Loan to study MS from the same Bank sponsored Loan for B.Tech course?


Hello,
If I have applied for a Bank Education Loan for doing B.Tech course then the same Bank can provide me Education Loan for doing MS also? Please let me know about this asap.




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  #2  
13th August 2015, 10:35 PM
SudeepKumarSaha
Senior Member+++++
  
Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: Is it possible to apply for Education Loan to study MS from the same Bank sponsored Loan for B.Tech course?

Yes, it is possible to apply for education loan in order to study MS. You can take education loan from the same bank which had given you loan for B.Tech course. There will not be any problem if you had repaid the loan. Otherwise it is purely at the discretion of the bank whether it will sanction your loan or not. This holds true for all banks under Reserve Bank of India. So, if you had not repaid the loan, then you need to contact the concerned bank, state your current condition, raise request for next loan and have discussion concerning the education loan details with the concerned branch manager. If the bank allows your loan request, act as per bank's instructions to get your education loan request sanctioned.
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