#1  
26th June 2015, 02:53 AM
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Is it possible to take education loan under management quota?


sir,i am the farmers daughter. I had got 70%in pre-university education. I want to study b-pharm.so think that i cant get the govt seat so i want to get it under management seat by taking education loan. So is it possible?? if it is, hw should i apply??





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  #2  
27th June 2015, 01:23 PM
ME471
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Join Date: Mar 2015
Location: Kurukshetra
Posts: 5,840
Default Re: Is it possible to take education loan under management quota?

Yes, definitely you can apply for the education loan while getting a seat under management quota.

You simply need following documents for sanctioning your education loan in any of the bank.

** Proof of identity

** Proof of income

** Proof of residence

** Bank statement or Pass Book where salary or income is credited

** Guarantor form

** Copy of admission letter of the Institute along with Fees schedule

** Mark sheets

For your kind information i want to tell you that you can apply for a maximum of 10 lac rupee as your education loan for studying in India.
  #3  
27th June 2015, 09:01 PM
SudeepKumarSaha
Senior Member+++++
 
Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: Is it possible to take education loan under management quota?

Yes, it is possible to take education loan if you got admission under management quota. There is no problem in getting education loan if you had got admission under management quota. However, if you want to get admission under management quota with the help of education loan, then I am extremely sorry to state that this is not possible. The bank will not give education loan to get admission under management quota.
  #4  
27th June 2015, 11:02 PM
palugulavenumadhav
Senior Member+++++
 
Join Date: Dec 2014
Location: Hyderabad
Posts: 3,103
Default Re: Is it possible to take education loan under management quota?

Yes, you can apply for educational loan towards graduation under management seat. To avail educational loan the candidate must be a citizen of India and he/ she should secured admission in any of the recognized college and he/ she should pursue valid course which is approved by AICTE// UGC etc..,

All nationalized banks provide educational loan. To apply for educational loan the candidate has to procure the application form from the nearest bank and check the eligibility criteria and if you meet fill the application form and submit all the required documents. The documents are college admission letter, ID proof, address proof, 6 months bank statement, collateral security etc..,
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