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#1
22nd October 2015, 01:06 AM
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Can I increase Loan amount if applied but my course fee is increased?
Hello Sir/Madam,
I am going to pursue B.Pharmacy. For that I have applied for an Education Loan that I have been sanctioned but now my course fee is increased. In this case I can also apply for increasing amount of education loan? |
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#2
15th November 2015, 03:19 PM
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Re: Can I increase Loan amount if applied but my course fee is increased?
Yes, you can apply for the increased course fees. You need to apply for a fresh application stating your condition and the need of the increased loan amount. You need to provide proof of the revised fees structure and need to write an application requesting the bank to increase the loan amount from the existing sanctioned amount. You need to comply with the additional terms and conditions and complete the formalities as per bank's orders to get the new sanctioning done for the increased amount of loan.
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