#1  
3rd October 2019, 10:47 PM
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In case of CFA course how bank will pay the loan amount directly to the institute? Documents to be submitted to bank and CFA institute?


I have completed my Graduation and now planning to do CFA programme. I will apply for Bank education loan for this CFA programme. Please let me know how the bank will pay the loan amount? Will they pay directly to the institute? What are the documents I have to submit to the bank as well as to the institute?




  #2  
30th June 2022, 12:00 PM
Hera tabrez
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Join Date: Oct 2020
Location: Kanpur
Posts: 6,959
Default Re: In case of CFA course how bank will pay the loan amount directly to the institute? Documents to be submitted to bank and CFA institute?

After the loan being sanctioned, the disbursement process does not start immediately, students have to submit an education loan disbursement letter to their lending bank stating the method of payment.
Banks directly pay to the college.
Documents required
University demand letter with fee structure
Guesstimate of miscellaneous expense
Estimate of average living cost
Income proof
KYC documents etc
Do you have any question? or have anything to say?



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