Education and Career Forum

Sir,
I have got certain seat in AIIMS and I want to apply for an education loan. Please tell me which bank has the easy process of an education loan?

Educational loan is provided for pursuing the professional course such as Engineering, Medical, Hotel Management etc. First of all I congratulated for getting seat in one of the leading medical institute i.e AIIMS. Yes, definitely you can apply for educational loan. You can take educational loan from any of the bank. From all banks you have to follow the same process as mentioned below

>>Visit to the nearest bank branch from which you want to take the educational loan.

>>Fill the form in which you have to fill the personal details, academic details, expected loan amount to be taken etc.

Documents Required:
--Admission slip
--Xerox copy of the 10th and 12th mark sheet
--Address and identity proof

>>Submit the form with the above relevant documents. After validating from the bank official, your loan will be sanctioned

**In my opinion you apply for educational loan from nationalized banks as they have less rate of interest than private banks.

Almost all the banks who offer education loan will be eager to offer you education loan if you get admission in AIIMS. This is because AIIMS is the topmost institute in medical field in our country. The list of banks which offer education loan is attached below for your kind reference. With the involvement of online transactions, now almost all banks have fast processing process especially the private sector banks.

Sir if i am selected in aiims and i had applied for an educational loan...Will i get the loan amount in my bank account or it will be directed to the institution ?
and we know that aiims fees are very low but the extra charges are high? So will the educational loan consider the extra charge