What is the procedure to apply for education loan to study abroad?

Dear Anisha, You can approach banks like SBI, UTI, HDFC, ICICI etc. The process of education loan is no longer stringent. It's quite easy. What they need is proof of income, asset details and background details. They will ask you to submit some documents. If you approach banks like ICICI or HDFC the

Hi, Once you receive your admission/offer letter form the university, you can approach the bank for education loan. Now a days almost all the banks offer education loan to students, to pursue their education in India or Abroad. The banks offer maximum loan of Rs 10 Lac for education in India and

Dear Anisha Shaikh To apply for education loan you should be ready with these documents. Your offer letter from the college Your bank statement for past 3 yrs Your father's bank statement for last 3 yrs List of property & other assets owned by you and your parents Declaration of the ownership of t

The procedures vary from bank to bank. I suggest that you approach & speak at least 3 banks so that you will be able to judge which one would be easier and more suitable to you and also the method by which you can approach the university for paying the fee.

You need admission letter from University to go and ask the for the loan. Any loan abve 5 Lacs you need to give security

Dear Anisha, You need to approach to Banks like ICICI, HDFC or SBI. They have format of all documents you need to present to get admission for Further Studies in Abroad. They can grant max of 20Lacs Loan for studies in Abroad. Even the payment duration is also quite long. All the best.

Hi Anisha, As per the RBI rule all nationalized banks offers education loan as per the RBI guidelines , may be in some rural branches there budget doesn't allow to offer education loan. As compared to the cost of studying in India only, going abroad can seem to be steeply expensive. However one mus