If you have been selected for a course of study and offered admission in a recognized university, then you can apply for an education loan.
No. Non banking financial services also offer education loan for studying abroad.
Some of the documents which are required are:
- Mark sheets of the last qualifying examination for school & graduate studies in India
- Proof of admission to the course
- Schedule of expenses ( study fees, books, hostel fees, etc) for the course
- Copies of letter confirming scholarship, if any
How many education loans have been compared in the study?
Consumer VOICE compared education loans 13 banks of India to bring out the best & worst in them, so that the consumer-student/parent is able to understand the product and its suitability to him.
The key test findings on various qualitative and performance parameters are available in August 2019 issue of “Consumer VOICE” magazine.