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Home Forum Bank Tie Ups for Loans / Scholarships to Student Information about edu loan

Information about edu loan
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10:49 am
October 12, 2011


Monika

Noida, India

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Hi friends,

please suggest me how can I apply for loan if I will have to take admission for MBA in a prestigious institute.

Currently I am preparing for CAT. I finished my 12th class with PCM stream this year. I am worry about high fee structure of IIMs. Please also let me know which is better for me B. Com or BBA.

Plz reply soon

Embarassed

11:07 am
October 12, 2011


Faizan2020

New Delhi

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You can apply for education loan once you get an offer letter from the institute.

The moment you get an offer letter from the institute you will have to apply on the loan form available with bank (Home Town Branch), shariing the complete information about the fee structure and all. No security is needed for education loan upto 4 Lacs in India but bankers still will look forward for your parents income and the loan will be provided by your home town branch. If your parents are govt. employee or owns a property then its become easy to get a loan.

2nd part of your question is tough to answer, both BBA & B com is equally good. 

 

hope the above will help, for more information you can log on any bank website & check the formalities.

 

regards;

faizan
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