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Latest question & answers related to education loan |
| Q. how we could get the loan from the bank ?
Posted By: John on 2011-01-21
Ans. Banks give educational loans to deserving students who are unable to pursue further studies due to the lack of financial support.Eligibility for education loan is that one should be a citizen of India,for vocational training courses and job oriented course age of the individual should be between 15-28 years, and 18-30 in case of post graduate courses and/or studies abroad,the applicant should have a good academic record,for studies abroad, the candidate should have secured admission in a particular university after having appeared in the specific entrance examinations, The applicant should have secured a minimum of 50% marks in the major subject.In case of SC/ST candidates eligibility norms may be relaxed. Check here for complete details on Education Loans. Hope this helps you! Cheers! Posted By: Admin on 0000-00-00 |
| Q. how much it will cost for studying in USA?
Posted By: John on 2011-01-21
Ans. For UG Courses tuition fees in US $ is about 8000 - 15000 $ and in Indian Rupees its about Rs. 360000 - Rs. 600000 and for PG Programme its about 10000 - 20000 $ and converted to Indian currency its about Rs. 400000 - Rs. 800000. Posted By: Admin on 0000-00-00 |
| Q. SIR igot 60%acadamic record.are given to loan?
Posted By: John on 2011-01-22
Ans. Hey.. Banks give educational loans to deserving students who are unable to pursue further studies due to the lack of financial support. Amount of loan usually depends on the course you want to pursue, University that you have choosen and the place where you want to study. Usually, banks study the financial viability of the borrower based on personal discussions with the student, family's assets and annual income, the nature of the course and reputation of the institute etc. In most banks for loans up to Rs. 4 lakhs no collateral or margin is required and the interest rate will not exceed the Prime Lending Rates (PLR). Check here for more details on Educational Loans : http:// Hope this is useful. Posted By: Admin on 2011-01-22 |
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