Education and Career Forum

I want to pursue MBA for which I want to fund it via educational loan. So, what is the procedure and requirements to apply for education loan from any Indian Bank for MBA course?

There is an online education loan portal from where candidates can apply to multiple banks for education loan. It is called Vidya Lakshmi Portal. Within given time frame, banks respond to terms and conditions as well as eligibility of candidates for education loan.

If you can not apply for Education loan at this portal then you can visit any nearest branch of India bank and ask for education loan application form. You can fill up the application form and submit it with documents like proof of identity, address, loan letter, fee structure of college. In case of loan amount is above 7.5 lacs then you will have to provide a collateral.

Candidates are eligible to get educational loan for the MBA course.

Candidates can get the loan amount as per the fee structure. There are also norms to submit collateral to get bigger sum.

To get complete details about the required documents and rate of interest information etc, visit at official website or the nearest branch.

You have to submit the documents related to your fee structure, parent's income and documents related to collateral to get the loan.

To get complete detail for the loan amount, interest rate, collateral, interest rate etc you have to visit the bank.