Tap to Read ➤

How to Get Education Loan After 12th

Have You Completed Your 12th And Planning For Educational Tips? Get The Tips Here.
What are Educational Loans?
Educational loans are advances given by banks to students to sustain their higher educations. The loan can be used to study either in Indian or abroad. Many Indian banks offer such financial loans to students. 
Pic Credits : Unsplash
How To Get Educational Loans?
Students wishing to get educational loans for their higher educations must go through the details shared further. Students must be acquainted to these information to understand the process
Pic Credits : Unsplash
List the Banks
First and foremost, the students are required to list the banks with good records in educational loans. To name a few, PNB, SBI, UBI, BOI  are few trustworthy organizations.
Pic Credits : Unsplash
Met the Eligibility
Yes! You need to meet the eligibility for educational loans too. The student must hold a good academic record, and must fall under 18-35 years of age. In a queue, the student's admission to the desired college must also be confirmed.
Pic Credits : Unsplash
Meet the Eligibility
Yes! You need to meet the eligibility for educational loans too. The student must hold a good academic record, and must fall under 18-35 years of age.
Pic Credits : Unsplash
Bank Process for the Loan
Once these basic things are sorted, visit the 'Educational Loan' section of the bank. Meet the employee and fill out the form and get it verified by the respective bank.
Pic Credits : Unsplash
Loan Gets Verified!
The concerned bank will contact you if your application form for the educational loan gets verified. Finally, you'll receive the loan amount in the registered bank account. The monthly installments will be deducted once you complete the course.
Pic Credits : Unsplash
Check GMU Website to get more details on such loans.
Swipe Up