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Q - how to get education loan from commercial banks. how to follow the procedure of education loan. education loan based on amount i paid interest or or not from government rules and regulations or RBI rules.

- Manikandan

Answer:

Many commercial banks provide education loan for various courses based on some terms and conditions. Banks will charge interest and other charges.
An institution has to be recongised/approved by the relevant/competent government body. It is better if you have scored well in entrance test/merit based selection process.
You can apply for and get loan for your MBA course provided you meet eligibility criteria required for sanctioning the education loans. You will have to submit the application form along with some required documents.
You can get details about eligibility criteria, interest rate, application form, required documents, and other things directly from banks. Have a look at official website of banks/make a call to customer care services and visit their nearest branches.

Please Note: This answer is just our view and a suggestion only. We have used our best knowledge but still the information may not be 100% accurate and updated.


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