Educational Loan

By Author: Financeseva
Total Articles: 37
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How much Education Loan can I get for MBA?

As we all know MBA is an expensive degree to pursue wherein it requires much cost to spend. Therefore, if you are planning to get finance then hopefully you can get up to 1 Cr depending on multiple factors.

Can Education Loan be transferred?

Yes, it can be easily transferred from one bank to another, all you need to do is making a choice of banking partners & requesting for the procedure to change.

Which bank is better for Education Loan?

5 top banks preferred by applicant are below mentioned -
State Bank of India
Bank of Baroda
Kotak Mahindra
HDFC Bank
Axis Bank

Does Education Loan affect Cibil Score?

Yes, because it is also a loan. Every loan has a impact on Cibil Score all repayment history will be showed. So, make sure you do payment on time.

Which documents required for Education Loan?

Identity proof
Adress proof
Bank Statement
10th & 12th Marksheet if graduated then marksheet of degree
Co-applicant identity, address & Income proof

How ...
... much Education Loan can I get without Collateral?

Maximum you can expect up to 4 lacs.

What is Education Loan Interest Rate?

In general, ranging from 7.35% to 14.50% per annum.

How Education Loan works?

Firstly, match the criteria if all seems okay then request for a loan application from your preferred lenders & attach all the documents to submitted. Once reviewed by lender they will contact you to explain benefits & rates for re-confirmation after shortly disbursement take place.

How to take Education Loan?

If you are planning for Education Loan, Compare & choose your banking partner thereafter make sure you carry all the relevant documents with you & adding a co-applicant is mandatory.

How much Education Loan can I get?

Many banks are ready to offer finance for your higher studies whether its within India or abroad. Ranging from 1 lakh to 1 Crore you can get for Education Loan.

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Education Loan