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16th February 2016, 02:49 PM
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List of Banks offering an education loan of Rs. 8 Lacs to study MBA in Chennai? Terms and conditions of an education loan?


Hello Everyone,
I am looking for an education loan atleast of Rs. 8 Lacs. I am looking out to pursue MBA in Chennai. I would like to know, what all banks will be ready to grant me education loan and what will be the terms and conditions of the education loan?
Thanks and Regards-
Vidyut Agarwal





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  #2  
18th February 2016, 02:16 AM
ArunavaBasu
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Join Date: Mar 2015
Posts: 2,155
Default Re: List of Banks offering an education loan of Rs. 8 Lacs to study MBA in Chennai? Terms and conditions of an education loan?

Since your Loan is more than Rs.4 Lacs you need to provide a guarantor and collateral to get your Loan sanctioned in whichever Bank you apply for the Loan.
You can get Loan from all the Public Sector Banks.
It is best for you to apply for the Educational Loan in SBI as the interest rate for Educational Loan is 1% less than other banks.
So it is best for you to apply for Loan in SBI.
Do you have any question? or have anything to say?



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