Education and Career Forum

Hello Sir,
Please let me know how I can apply and get an Education Loan to study in Germany for B.Tech(Automobile Engineering) after my Diploma?

Procedure to apply for education loan :-

- After getting admission call, get the prospectus of the concerned institute.
- Approach any bank close to your residence along with the prospectus.
- Speak to the branch manager stating your education loan request.
- Discuss the various details like terms and conditions, formalities, etc. of the education loan.
- If given positive signal from the branch manager, you can proceed for education loan from the concerned bank, otherwise approach other banks.
- Act as per the instructions of the branch manager, complete all formalities and comply with the terms and conditions of the bank to get your education loan sanctioned.

You need to obtain the prospectus and the fee structure as well as the letter of intent from the University in Germany.
Once you do this you need to apply for the Loan to a Bank of your choice.
You must do as you are said by the Bank Officers.
You must also show a guarantor for the Loan that will be taken.
You must also show the Income tax return that is filed by the guarantor
Once you do this your Loan will be sanctioned by the Bank where you are applying for the Loan.