Education and Career Forum

A diploma engineering student can get any loan to do BTech?

If you want education loan, then first you must have college/ school/ course fees structure which is required along with your important documents and marksheet to give it to bank.

After that according to your fee structure you get education loan. Also you need to submit these documents and it may very from bank to bank.

This list is the standard one which is followed by almost every bank:-

Mark List
Entrance Exam Scorecard
Hall Ticket
Residence Certificate
Income Certificate
Surety ( Sometimes ) for Higher Amount
KYC Norms ( Proof).

You can definitely get education loan to pursue B.Tech. The institute in which you are seeking admission should be well recognised by competent authorities. You will need to comply with the terms and conditions of education loan scheme along with completing all norms as per instructions from Bank.

There are many banks offering loan with interest rate between 7 to 9%. However, the individual who have obtained admission to an engineering college under management quota, maybe offered a loan based on the merit status of the student.

You can check with the bank for more details on the eligibility criteria as it is different for different banks.

Yes, you can get an education loan. For engineering studies in India, most banks offer loans up to Rs. 4 lakh at a nominal interest rate.

>> If the individual has obtained admission to an engineering college under management quota, certain banks may consider offering a loan based on the merit status of the student.