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  #1  
22nd April 2016, 11:49 AM
Unregistered
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On what basis I can apply for an Education Loan to study MS in Germany/US?


Sir,
I am a B.Tech final year student now and I want to do MS in Abroad preferably in US or Germany. Now I want to apply for an Education Loan. How should I know on what basis I can apply for an Education Loan? Please give me the exact information about it.




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  #2  
27th April 2016, 12:20 AM
SudeepKumarSaha
Senior Member+++++
  
Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: On what basis I can apply for an Education Loan to study MS in Germany/US?

There is no basis as such for education loan. Usually education loan is sanctioned on the following grounds.

- You get admission in a well recognised and reputed institute having good exposure facilities.
- Your family has a stable source of income.
- You comply with the terms and conditions of education loan as per the loan amount like mortgage for loan above 7.5 lakhs.
- You need to complete the formalities as per bank' s orders.
Do you have any question? or have anything to say?



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