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#1
4th October 2018, 10:48 PM
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Whether Education Loans includes Flight Ticket fare in case of study in Abroad?
Hello friends, I have a doubt regarding education loan. I am studying BTech in Electrical Engineering in India. I want to do MS program in USA. For this I want to apply for education loan. But, my question is, I will get ticket fare also by education loan?
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#2
13th October 2018, 01:19 PM
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Re: Whether Education Loans includes Flight Ticket fare in case of study in Abroad?
Yes, the education loan offered by bank for studies in India includes Flight Ticket Fare as Travel expenses. The cost/ amount required to travel to Abroad for pursuing the course will be covered as part of education loan amount. You should have secured admission to higher education course in a recognised college/ university to be eligible to apply for an education loan. The maximum amount offered by bank for pursuing higher studies in Abroad is Rs. 20 lakhs.
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