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Do banks provide an education loan for Pilot Training courses in India?

0 12 Views | Posted 8 months ago
Asked by Mani Sahni

  • 1 Answer

  • M

    Answered by

    Mamona Jain | Contributor-Level 10

    8 months ago

    Yes, many Indian banks offer education loans for pilot training, covering tuition fees, exam costs, and even living expenses. Loans are provided under the educational loan schemes for professional courses, with amounts ranging from ?20 Lacs to ?1 crore.

    Some banks require collateral, and interest rates vary from 8% to 12%. Many banks also offer a moratorium period where repayment starts after course completion, easing financial pressure on students.

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