Home   >>    Articles   >>    Historical Queries   >>     Education Loan   >>    17283-Harsha-Mahendra-Kommareddy-years-experience-Software-Planning-MBA
Get Education Loan Offers
A maximum of 5 providers will compete to give you the best rates (Jun 2017)

 

 

 

 

 

 
 
 
 
 
 

I authorize the website and its partner providers to call or SMS me in connection with my application & agree to the Privacy Policy and Terms of use

Search Queries related to...

Did not get what you were looking for? Ask an Expert


Ask An Expert

Date : Dec 17, 2008

Question

Hi Harsha, This is Mahendra Kommareddy. I have a 2 years of experience in IT(Software) and Planning to do MBA in US.My Question is about MBA funding(Education Loan). I heard that banks like SBI,HDFC will offer upto 20 lakhs for foreign MBA. We have a agricultural land beside the National Highway which will fall under rural area. I want to submit that land as a collateral to the bank. Now my question is banks will accept agricultural land as a collateral bcoz as it is in rural area?? if they won't accept can u suggest some other alternative ways to get MBA funding other than scholarships. Regards Mahendra

Answer

Banks do not accept agricultural land as security for education loan. You can take an education loan against collateral security such as life insurance policies with high surrender value.

You can get an education loan for a mid-career course. You can check whether the institute has a tie-up with some banks. Some organizations also have tie-ups with banks to offer loans to individuals pursuing such courses.

 

 

20243 sir, I have already secured admission in Florida Instsitute of Tech for undergrads in Eng.(Aero
20220 Dear sir I am trying for my mba. I am seeking an educational loan for it. My father is a reti
20202 i,m going to do M.B.A.so i want to know which bank will give me loan at the cheap rate of inter
20121 hi, i want an education loan of about 15 lacs for study in uk. i have read all about loan rates
20092 if a student doesnot get job after completion of the course, can the financial institution forc
20069 hello there i have already taken maxium loan of rs 15 lacs against property and i require a loa
20047 My son is going to pursue MBA. Please let me know the banks who provide educational loan at lo
20016 my husband is 34yrs old.he has registered himself for hospitality management course.the expense
20015 i m taking education loan amount- 305000,my father is guarantor he is rly employee, he pay the
20011 Dear Sir ! I have a salary account in HDFC Bank. My current liabilities are as under: 1.I h
20006 I need an education loan to study abroad. so which will be the bank providing the least interes
19988 sir my name s.s dubey and working in ccl.i have taken education loan of rs 2.2lacks from bank o
19968 what is the maximum amount which i can claim for tax rebate if I have taken education loan...is
19937 I am looking for a loan upto 7.50L and am looking for a third party gaurantor. Does this gauran
19907 Harsh, I am planning to apply for an educational loan to study in india. I already took a Perso
19893 I have a hotel property with a Sikkimese partner and I want a loan against mortgaging the prope
19883 We have taken EL for our younger brother but the bank has offered EL for only first year of the
19857 I am NRI, staying in UAE. I NEED EDUCATION LOAN FOR MY DAUGHTER TO JOIN MBBS - MY TOTAL SALAR
19851 Hi sir, My sister wants to become a pilot. I searched and came to know that around 24 lack requ
19845 Sir, I am joining IIPM delhi,i just wanted to know if the State Bank of India provides educatio
19831 I am a HDFC NRI a/c holder, I would like to take education Loan for my son, who is studying MBB
19816 from which date the interest will compounded ? from date of taking loan or after completing edu
19797 SIR i m a B.E 1sem student. My family is not in the condition to pay for my studies further.PLE
19757 I am eager to take admission for Part time MBA, at N.L. Dalmia Collange of Management,Mira Road
19736 need a loan for abroad and require amount is 6.5 lakhs.My father is a Asstt.Engineer in Thermal
19682 Dear Sir, I am in a process of enrolling into a certificate course from IIT Mumbai , w
19627 what is the interest rate of loan
19577 hello sir,i want to enroll in commercial pilot training from canada.it costs around 20,00,000 r
19559 educAtion loan interest rate for forigen country.
19548 Sir, I am a recent graduate of IIT Delhi. I wish to pursue double bachelors through University