Education and Career Forum

Sir, I would like to know that what are the conditions to get Bank Education Loan? I am interest to get Education Loan because I want to study MBBS. So, if I get admission in AIIMS then I can apply for an Education Loan?

Eligibility to apply for Education Loan to study MBBS in AIIMS:-

You should be an Indian national.

You must have secured admission in MBBS in AIIMS

You must have to submit mark sheet of qualifying examination and proof of admission along with your application.

Eligibility:-

1- The candidate applying for the loan must be a resident of India.

2- He/she must have confirmed admission in recognised educational institutes in India or abroad.

3- The age of the candidate must fall within the bracket of 18 to 35 years during loan application.

4- He/she must be undergoing a graduate/postgraduate degree or a PG diploma.

5- The applicant should have a secured admission in a college or university affiliated by UGC/AICTE/Govt. etc.

6- Students pursuing full-time courses need to have a co-applicant who can be either parent/guardian or spouse/parent-in-law (in case of married candidates).

The minimum eligibility required to apply for Education Loan to study MBBS in AIIMS is given below:-

:-You must be a citizen of India.
:-You should be a meritorious student.
:-You must have secured the admission in an institute recognized by a statutory body in India through entrance examination.
:-You should have all the required documents to avail the loan facility.

As per the information available, the fee structure for the first year course of MBBS would be Rs.1,628.

Eligibility to apply for Education Loan to study MBBS in AIIMS.

1. You must have good academic record.

2. You must be 15 years or old.

3. You can get a loan up to 50 lacs.

Eligibility to apply for Education Loan to study MBBS in AIIMS is that the candidate should have completed 10+2 or graduation from any recognized university. The candidate should be in the age group of 15 years to 35 years.

The candidate can get a loan for more than 10 years.

Eligibility to apply for Education Loan to study MBBS in AIIMS can be seen below.

To get education loan one must have admission letter and previous academic certificates.

It would be easy to get education loan if you have secured admission through NEET examination.

Rate of interest will depend upon amount you want as education loan.

You must have migration certificate and school leaving certificate.

You can get education loan with minimum rate of interest on the basis of your previous academic qualification and ability to repay loan.