What is the system to apply for an educational loan for IIMA?
Educations loans provided by banks carry large interest rates in comparison with home loans. Reserve Bank of India has implied that banks are not allowed to accept in any security or deposits for the loans for an amount of Rs 400,000. Government has given topmost priority to the education loans,in recent time almost all the private sector banks have been focussing into this area. Unluckily in the scenario we can find a plethora of deserving students who struggle to get loans. Banks asks for a co-signer for the loans and 100 percent collateral to cover the loan the amount. This become quite tough for a lower-middle class person to afford ,according to co-ordinator of Education Loan risk force, due to insufficient finance there are many students getting more than 90 percent are deprived of loans and quit their studies. To get the loan student should seek admission in a leading business school, there are banks who publish a list of courses which qualify for the laons.This means that you h
