Education and Career Forum

Dear Friends,
I am working in Australia, as I want to apply for Education Loan for my son, I came from very backward class. When I came here, I was student and I didn't got education loan from anywhere. In that situation I took funds on 2 percent interest from my Uncle and for coming here. I worked hard and I paid my loan. Now I want my son to come here and study and make his future. As I want to apply for an education loan, I already got offer letter for him in professional graduate course based on his previous studies. Now I am looking for Student Loan for him. If anyway you could help me out. I am ready to take guarantee for him.

Yes it is possible. But you are saying that your son will study in Austrailia. So you apply for educational loan in India Only. For this you just go to any Nationalized bank and ask for details. The Loan amt will be about above 10Lakhs based on the expenses and fee.

So make sure to provide all your son documents and cerificates for further process. Don't use mediators for it/ It will be safe when you go through the bank.

They will disburse the amt periodically by remittance from our Country to Austrailia. But yes it is possible.