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  #1  
7th June 2016, 01:39 PM
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Disbursement procedure of Education Loan amount?


Hello Everyone, can anyone of you please tell me the process of disbursement of Education Loan amount? How is the Education Loan amount disbursed? Please tell me someone.




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  #2  
9th June 2016, 08:16 AM
SudeepKumarSaha
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Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: Disbursement procedure of Education Loan amount?

Procedure of disbursement of education loan -

- Once you get notification from your college regarding fees payment approach the bank with the fee structure letter.
- Write an application to the branch manager requesting to disburse the concerned fee amount as loan stating that you have the necessary security margin in your bank account for the concerned loan amount.
- Mention the mode of disbursement of loan amount like paying the fees directly to college via RTGS or NEFTvor transferring to your bank account.
Do you have any question? or have anything to say?



« Whether my elder can brother become a Guarantor to apply for an Education Loan? | How tax can be calculated during repayment of loan amount? »

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