1. #1
    Mr.skg5
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    Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?

    Hello sir,
    Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?





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  3. #2
    prashant189
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    Re: Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?

    Mr.skg5
    yes its possible to get education loans n do your engg. from private institution.but see through it dat you get into a good college with some reputation and placements.So that you can get your investment back.maintain a good score in the college n apply for various scholarships.that will help.dont waste your valuable money on colleges with no placements and high fees.




  4. #3
    madhankumar
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    Re: Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?

    a you can apply for loan provided your father must be in possession of some property to show to the bank

  5. #4
    naveen kumar yadav
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    Re: Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?

    hi,

    if my parents financial position is not that good to spend my Engineering Fee, than also you can get the loan.
    you have to give the property papers to the bank and can take the upto the current rate of than property.

    you can give back the loan in installation to the bank.

  6. #5
    naveen kumar yadav
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    Re: Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?

    hi,

    if my parents financial position is not that good to spend my Engineering Fee, than also you can get the loan.
    you have to give the property papers to the bank and can take the upto the current rate of than property.

    you can give back the loan in installation to the bank.

  7. #6
    chinname012
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    Re: Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?

    yes it s possible..it is not about the financial status of your family..,it s only about the mark u scored..i from a economically backward family...i got the loan by the mark i got in the exam..

  8. #7
    cooljass12
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    Re: Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?

    yes .surely you can get education loan for more enquiry you just visit to bank.

  9. #8
    shailaja
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    Re: Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?

    haa it is possible sbi bank is providing the loans i.e. education loan for studies for students . After completing the 4 years engg course they will give some time and after getting job u hav pay the money from ur account with interest.

  10. #9
    rajiv akula
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    Re: Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?

    yes u can get education loan even your family financial position not so good.. up-to 4 lac security is not required above 4 lac they should be need of security and for btech course they will completed with in 4 lac only so don't worry..and good luck

  11. #10
    rishipal
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    Re: Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?

    yes educational loan may be obtained if your engineering institute is approved by aicte

  12. #11
    jeyaprathaban
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    Re: Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?

    yes it is possible that any one can get educational loan for engineering

  13. #12
    cvyas2
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    Re: Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?

    ya its definately possible yar,but 1st you have good score card in your schooling it helps you

  14. #13
    poojapuneet
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    Re: Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?

    ya this is possible. If you proof ur parents financial position is week i.e. If B.P.L. card, your certificate and any degree if you hold, you shown any bank, you gave education loan for any private institution.

  15. #14
    Sujith pai
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    Re: Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?

    Yes it is possible
    Educational Loan is given on a condition that the student will return it after completing his studies or when he is able to return it back. Educational Loan does not require any Security. But sometimes some banks demand that the student should be introduced by a person who is an account holder in that bank.It is only a usual bank procedure. The financial condition of parents is not considered for educational loan. Govt of India also gives subsidies on educational loans

  16. #15
    sandeeppardeep
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    Re: Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?

    yes ,you can get the loan from different banks for your further study

  17. #16
    ankur mahajan
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    Re: Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?

    Yes why not its now common among many institution where educational loans are apllicable. Even you can attached with your college where you are planning for admission they will do all the formilities and paper work to provide you with loan.

    except from this you can visit bank(any) that provide you with a better plan and at lesser intrest. You will face no problem in geting Educational loans. Its very easy to apply even in banks. So go for educational loans so that your dreams becomes true.

    best of luck!

  18. #17
    kiran waychal
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    Re: Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?

    No it is not possible to get education loan.
    but if you are in merit list then you can join government colleges.
    you will get concession or else scholarship.
    try to get good marks.
    best of luck...!

  19. #18
    Ankit tiwari
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    Re: Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?

    Dear freind dont worry now there are many institutes who offer education loan+scholarships.Generaly colleges provide scholarships according to your 12th marks and in some universities on merit list basis.Here is the solution of your financial problem - Scholarships available:- On the basis of merit list + 12th std. marks + show the certificate of your fathers income below one lakh +obc category. Education loan available:-Education loans available for those students who cannot afford college fees,universities provide education loan from Indian banks.After getting job you have to pay fees respectively. Eligiblity for engineering:- A candidate must be +2 pass in pcm with min.60 percent marks.

  20. #19
    S K SAINI
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    Re: Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?

    Quote Originally Posted by Mr.skg5 View Post
    Hello sir,
    Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?
    Hi,

    Don't worry for your fees.All bank provide education loan to the student.
    You can take loan according to the fees structure of the college.to take loan you have to provide fees structure of the college in the bank from you want to take loan.

    Best thing about education loan is that education loan is intrest free.you have to deposit loan after the completion of the degree.

    So study regularly 7-8 hours to get admission in good college.Admission in good college provide more jobe apportunity.

    Don't worry about fees study regular for admission in good college.

    best of luck.

  21. #20
    amit panwar
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    Re: Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?

    yes u can get educatoin loan........... dear, education loan are for those who were financialy weak in nature....majority of students take educatoin loan to study in private colleges.........

  22. #21
    bharat singh negi
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    Re: Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?

    If yr finansial condit®¨on ®¨s not good u can get scholership visit scholership.com

  23. #22
    hemant587
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    Re: Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?

    yes u can get education loan if u r applying for much loan then bank pay u 80 % of the amount and 20 % i.e margin amout is filled by u .........

  24. #23
    shiva636
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    Re: Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?

    Dont worry friend you can get education lone , first of all you must take the fee structure in college with principal sign , then go to bank manager he can help .some of my friend are studying like this only . .
    have a good luck . . .

  25. #24
    parth2008
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    Re: Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?

    ya it is possible
    there is a new rule in which loan till 10lakhs can be given to the candidates without interest and to the families whose annual income is less than 4.5 lakhs last date to apply for that is 20july

  26. #25
    vasantha
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    Re: Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?

    yes , you can get education loan for the Engineering courses

    The bank would give you the check in the name of the college for the academic fee accommodation fee (optional)
    Now a days banks provide the loans with less interest or no interest
    The bank will ask you the fee structure provided by the college/university

    In addition to loan, state government and the central government scholarships such as ( community scholarships / first graduate scholarships / state government contribution )

  27. #26
    BOINA AVINASH KUMAR
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    Re: Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?

    YES , YOU WILL GET IN CREDILA BANK.
    AND THIS IS THE ONLY BANK TO GIVE LOAN WITH 11.50% INTEREST WHERE AS ALL OTHER BANKS WOULD GIVE LOANS WITH 12% INTEREST WHICH IS MORE COSTLIER.
    YOU SHOULD JUST LOG INTO CREDILA BANK AND REGISTER , LATTER THE BANK WOULD CONTACT YOU IN PERSONAL AND YOU CAN ASK YOUR DOUBTS AND ALSO CAN CONFIRM ALL YOUR CONFUSIONS . REALLY ITS GREAT TO KNOW THAT IT TAKES 7 TO 10 DAYS FOR PROCESSING OF LOAN WITH ALL NECESSARIES THAT CAN BE FULFILLED.
    ONCE YOU VISIT THE WEBSITE EVERY THING WILL BE UNDERSTOOD. GOOD LUCK MY FRIEND

    WITH REGARDS
    B AVINASH KU.

  28. #27
    SahilKaushik
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    Re: Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?

    For taking a loan , you are required to have someone (garanter) ,required by the bank,
    the bank will see your financial conditions, and the source from where bank can get their money back in case you are unable to do that.
    i think it is bit difficult or it may take long time.

  29. #28
    mohitvats86
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    Re: Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?

    Mu dear this is absolutely possible to get any education loan if my parents financial position is not that good to spend Engineering Fee in a private institution.
    just go to SBI, PNB, or any nationalized bank & contact to manager.
    You have to show your admission slip.
    & also u hav to place land papers or any other as guarantee.
    You have to fill your EMI timely.

  30. #29
    trueemperor
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    Re: Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?

    Yes, its completely possible to get an educational loan even if the financial position of your family is not that good. Now-a-days educational loan up to 4 lakh are given without any security deposit, you just need to get some documents required from the institution where you are studying.

  31. #30
    trueemperor
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    Re: Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?

    Yes it is completely possible and easy to get educational loan even if the financial condition of your parents is not that good. Now-a-days most banks offer up to 4 lakh on educational loan without any security deposit.

  32. #31
    raoshl
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    Re: Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?

    Yes this is possible to get loan on the education. You can get loan on any type of education including medical, management and engineering. This loan can be getting from any financial organisation including banks and any other company. The government is also providing this facility to get loan free of coast. When you will complete your study and you will start your job then your interest and EMI will start. So before that when you will not complete your study you donít have to pay any other charges.

  33. #32
    Joshi_Nitesh
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    Re: Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?

    Yes it is definitely possible if you have good score and you got admission in well recognized college or rather in college affiliated by MH govt. I think now you can get 100% loan till 4lac and after that bank only pay 85% of fees and rest you have to pay your own.

    Some banks asks your father to pay interest on that loan rest you have to pay after 6 months of completion your engineering.

  34. #33
    VENKATESWARARAO
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    Re: Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?

    YES YOU WILL GET BANK LONS IF YOUR FAMILY INCOME IS LOW ,NOW A DAYS SOMANY BANKS ARE PROVIDING LONES TO STUDENTS AT VERY LOW INTEREST TO GET LONE FROM BANKS YOU HAVE TO PRODESE INCOME CERTIFICATES AND OTHER CERTIFICATES ASKED BY THE BANKS , MY SUGGESTION IS APPLY TO GET SCHLORSHIPS FROM THE GOVERNMENT AND OTHER FOUNDATIONS

  35. #34
    Vikas abhishek
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    Re: Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?

    Yes,you can get education loan for your engineering fee in a private institution.

  36. #35
    Unregistered

    Re: Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?

    yes u can take a educational loan for your dream of completing ur engineering

  37. #36
    SONIPAL
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    Re: Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?

    yes you can get a educational loan from any bank iff your college is affilated by aicte

  38. #37
    palak srivastava
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    lucknow,noida
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    Re: Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?

    yes it is possible for you to get that but the institute needs to be a reputed one!

  39. #38
    ALI14
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    Re: Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?

    you can take loans from the minority affairs dept. or NGO'S also provide loan to deserving students

  40. #39
    Ilyas khan
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    Red face Re: Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?

    yes it is possible u just have to complete some formality just visit any nearest bank and take enquiry about it.

  41. #40
    sriharsha
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    Re: Is it possible to get any education loan if my parents financial position is not that good to spend my Engineering Fee in a private institution?

    ya it is possible ..govt are giving loans to the persons who are financially backward so you can join in enng course..now govt are also giving free admission to join in enng course whose parents annual income is less than 1lakh so better you try it,it will solve your problem all the best....

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