How to get education loan?

I wish to pursue hotel management.I have done XIIth.

0 118 Views | Posted 8 years ago

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  • 2 Answers

  • Shiksha Ask & Answer

    Answered by

    shaban | Guide-Level 11

    8 years ago
    Hi,Please note that nowadays 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 Rs 20 Lac for education abroad.The repayment period vary from 5-7 years. The bank do not ask for any collateral security up to the amount of Rs4 lac, but if the amount exceeds Rs 4 lac then the bank will ask for collateral security.The repayment of the loan amount starts after 6 months of completion of course or after 6 months of getting job, which ever is earlier.So as per your query I would suggest you to visit any nationalized bank in your city t... view more
  • Shiksha Ask & Answer

    Answered by

    Aditya Kumar | Contributor-Level 10

    8 years ago
    Yes friend so many bank you can help

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