How to get education loan?
I wish to pursue hotel management.I have done XIIth.
Asked by arifkhan pathan
The question is closed for answering
Answered by8 years agoHi,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
Aditya Kumar | Contributor-Level 108 years agoYes friend so many bank you can help
Taking an Exam? Selecting a College?
Get authentic answers from experts, students and alumni that you won't find anywhere elseSign Up on Shiksha
On Shiksha, get access to
- 60k Colleges
- 889 Exams
- 429k Reviews
- 800k Answers
Learn more about...
Teaching & Education
Teaching & Education colleges inView All Colleges >
Share Your College Life Experience
Didn't find the answer you were looking for?
Search from Shiksha's 1 lakh+ Topics
Ask Current Students, Alumni & our Experts