22nd August 2014, 02:26 AM
Posts: n/a

Is it compulsory to get education loan from nearest bank branch?

It is compulsory to get education loan nearest and authorize bank ? Can't I get it from somewhere else far away?

30th August 2014, 08:27 PM
Senior Member+++++
Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: Is it compulsory to get education loan from nearest bank branch?

Yes, you can definitely get it from any branch of the bank. However, both people and banks prefer the branch which is close to you. This is because:-

- The communication is easier and faster.
- You can easily open up a bank account there and deposit the necessary residential proofs when needed.
- You can visit the bank quickly during emergency calls.
- It also gives bank to monitor and keep information about you properly.
Do you have any question? or have anything to say?

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