Private College Student Loan

what is the condition of SBI Education loan? I am student of First Year Engineering. I had already taken the loan in first year from SBI. if i get A.T.K.T in first year then i will be applicable for the getting education loan in second year.

Can I get any benefits of my father being a previous staff member(retired) of SBI, in my education loan? Is there any clause that the child of Staff member of SBI would have to pay less interest than usual one in education loan? I mean if my father is co-applicant of my education loan and I am dependent on his pension?? Thanks. Is there any clause that the child of Staff member of SBI( presently VRS retired) would have to pay less interest than usual one in education loan? I mean if my father is co-applicant of my education loan and I am dependent on his pension?? Thanks.

SBI education loan? A friend of mine has secured an education loan from the State Bank of India to study engineering in USA. I am a green-card holder living in the US and he wants me to stand guarantee. Questions: 1) Will his margin money be waived if I stand guarantee? 2) What documents do I need to provide to SBI with the guarantee letter? 3) Can SBI hold me responsible even though his parents in India have shown sufficient collateral to have the loan approved? 4) Can a sibling in the US provide guarantee or can it not be a close relative? 5) Anything else (esp. risks) I should know about before agreeing to stand guarantee? Thank you.

Credila Vs SBI education loan? Recently got admission to study abroad. Need to decide which is the best choice to take education loan, considering the factors like interest rate, concessions etc. of course processing costs and all other miscellaneous issues.

What is The SBI Education loan Plan, Who i can take the loan and how much for MBA.?

what is "interest repayment" and "principal repayment" in education loan? i have been paying emi for my education loan for last ten months. For last 8 months the bank accounted the whole emi as "interest repayment". But for last couple of months the emi is split into two and accounted as "interest repayment" and "principal repayment". Does it mean anything ? Should I be concerened about it? How will it effect my repayment? Its a sbi education loan

Hi i get an education loan in SBI can i know th eintrest rate? I get an education loan in SBI in the Year 2004-2007 i complet my studies in 2007 but last two months onwards i strat to pay the intrest, but i dont know how much the intrest rate i bought 1,50,000 for 3 years if any body knows the exacts slabs means tel me do tel see in these web page see these claculator if any body knows the exact or modrate figure means tel me?

my father is having home loan from the SBI,can i have the education loan from the same bank?

hi i applied for education loan in SBI they have lost my file what to do + can u suggest me some bank which? can give me loan in short time period and low interest rates ????????

what are condtion for appling education loan in SBI? i want details of education loan offerd by banks and their eligibility

what are the interest rates of ICICI bank , SBI and Bank of baroda's for education loan w.e.f.1st april2008 what are the interest rate of ICICI bank , Bank of Baroda and SBI w.e,f. 1st april 2008 for education loan uptp Rs400,000

I am from India. I took an education loan from SBI, I was unable to pay it on time , so they declared my loan? a non performing asset(NPA) . But later on when I got a notice from bank that you have loan outstandings etc, I promised them to pay the loan and I started with the installments, But even after paying regular installments for three months they put my forwarded my loan to streessted asset resolution centre of the bank, there they appointed an advocate to send me notices . Now I have paid most of the oan only 45000 rupees is left , in this they have included 15000 rupees of advocate fee. But I dont understand why should I pay for it? can it be waivered?

how much maximum education loan i can get by using 5.5 lakhs fixed deposit as collateral surity in SBI? how much loan i will get using 5.5lakhs fixed deposit as collateral in SBI for offer letter conataining 12 lakhs including[fees and accomdation in uk]?

i want an education loan but don't have 60% in graduation am i eligible for it....pls help me? i want an education loan for mba but sbi is saying i don't fulfill the criteria of 1st divisn throughout graduation as i have only 57.5% ... my father has taken a home loan from sbi personal banking.. for over three years and has made all the installments in time.. is it of any help...

i want an education loan but don't have 60% in graduation am i eligible for it....pls help me? i want an education loan for mba but sbi is saying i don't fulfill the criteria of 1st divisn throughout graduation as i have only 57.5% ... my father has taken a home loan from sbi personal banking.. for over three years and has made all the installments in time.. is it of any help...

Can we change the collateral during the loan tenure? I have availed education loan with SBI & have provided house as collateral. I now wish to change the collateral & provide land as security & free up the house. Is there a way to undertake such changes??

Can u tell me the diploma holders are eligible for education loan or not ? does anybody knows that which bank is giving education loan to diploma holder for higher study in abroad. I recently gone to SBI and they told me that . . . . just because of diploma , I will not be considered for edu. loan.( even after showing proof of distiction in diploma and 6 bands in IELTS ) I think this is not the way. . . . How can these ******* idiots predict that diploma holder can not study in abroad ???? There should be a fair evaluation. Whats ur opinion ????

where should i complane against branch manager of canara bank who is not sanctioning my education loan? there is only one bank in my town that is canara bank.and i need Rs 400000 for my education loan .I am acount holder of this bank and my father also.but canara bank manager saying to me you aply for your education loan in sbi that is situated 25 km far from my home town.when i reached sbi branch they sent me back to canara bank and we can not cover your town .but canara bank manager again sad to no for education loan .there are only two bank one is canara bank that is in my town ( town tikri, district -baghpat , up) ,second is sbi 25 km far from my home town. i have comlain to DGM of canara bank but they did not rply my comlaint

About Education loan? Hello , My dad has already taken Rs 6L loan from SBI bank for our new house, and now i want to take a loan of 20L for Masters in US, given the condition that my dad has already issued a housing loan can i take an education loan and keep our house for Mortgage as security. Thanks

Hi ,Is there any way to pay only loan amount obtained for education without interest? My friend got educational loan for 3 lak in 2004 and I finished my stuides by 2008.She was not ale to pay the interest even once yet.She is first child of her family and they depend on her salary ot run family.Is there any way for her to pay loanamount alone? The loan is from SBI .And now she is suppose to pay 9000 per month for 7 years including interest.

education loan dilemma? i secured an education loan for engineering from sbi in mumbai now i have got a drop after my second year(cannot do third year without clearing first year subjects) will i still be able to get an education loan when i go to third year or will i have to start repaying the loan? i was in second year and was supposed to start third year this year but i got a drop so i will have to clear the backlogs this year and join in third year next year

i am looking for bank loan for education? i am looking for bank loan for education... as i got same answer from every where that sbi hdfc icici stch dont give loan on diploma course for abroad studies ... i want to study diploma in computing(networking)from new zealand its one year course.. fees and living is 9lac so appox how much loan i can get(if any) can any one give me the right source to contact to get loan ?

Education loan for ICFAI MBA? Dear All, I have joined for an MBA from ICFAI(Correspondence/Part Time) University,Kochi and I went to take a loan from SBI(in Kerala) but the Manager told me that they will not provide loan for Correspondence courses or for doing MBA from ICFAI University. Please let me know, any bank providing loan for correspondence courses. I am working now and can provide my salary slip or a letter from my company and a guarantor also. Thanks in advance

calculation of tax rebate for interest paid on EDUCATION LOAN? I pay Rs.1000/-p.m. towards interest for the Education Loan sanctioned to my son by SBI for studying BE. He is doing 2nd year . In budget 2007, FM has told that parents can claim rebate for interest amount paid in the Education loan taken for children, under sec.80E. How much can be deducated from the taxable income?

I want education loan by state bank of india provide? sir my name is bakul. and i complete m.com in 2010. today's one year passed without education. now i am doing job in share market. but i think i am study another course. sir i take education loan on state bank of india. what is loan prosses. you please talk to me.and how mony get with sbi bank. and what security give bank. and prosses complete to me for this loan please tell me. sir i want study please tell me loan prosses from state bank of india

Can I take Education Loan from four different bank?? Will I have a problem in getting Visa.? I am going to study in Australia. I have property that I can provide in security but the problem is this that these are leased property. So, I am planning to take 4lakh from four bank ( HDFC, Union Bank of India, SBI & Corporation Bank. These bank provide 4lakh without security.. I have a account in HDFC, SBI & Union Bank. My question is that will I face any problem if I take loan from 4 different bank? ? Is it allowed to take education loan from 4 different bank?? Will I face any problem in getting visa??

Help Education Loan in India? hello guys.. I m planning to Pilot Training frm USA and for that I need a students loan of about 20 lakhs... now SBI and Bank of Maharashtra are asking me to keep a colateral security (mortgage)... But my new house where I am staying presently is under loan with AXIS bank.... Now I need a advice from u experts... will I get a loan on existing loan from a different bank ? Plz reply ASAP.. Thanku

regarding my overseas education loan and fund? i have got offer letter frm lambton college canada for 1 year graudate course,i had paid my full tution fees in cash to college and for living expens of 1 year i had taken loan of 4 lac frm SBI bank.and my dad annual income is 2.20 lac on IT returns.and i have got 6 band in ielts.I want to apply for SPP programe for my student visa.is i will get visa and is i am suitable for spp programe ,my funds are good to apply for spp programe.

what is the procedure to get education loan? from bank like sbi,iob

What is the easy way to get loans from banks in India for pursuing higher education in canada.? My son has got an offer from Canadian college for admission to a two year course of electronics. I have paid first semester fees of the college. My application for study loan to state bank of india has been returned saying that the course is not approved course. Actually the course is a advance diploma in electronics which can also be done by electronics engineers. There is no mention on the offer letter about the category of the course but the web site of the college says that it is an advance diploma. I applied along with my property documents. There is one problem in property document that legal heir certificate is not there even though the property has been registered in my name by way of a registered release deed as my mother has released her share in my favor. My father expired during 1998 and I am the alone son of my parents and no sisters are there. There is another problem in my document that it does not show the encroached area in the house. I also do not have the latest MCH plan approved. I have already availed personal loan from SBI which is reducing my pay by Rs 12000/-. There are problems like if the bank considers my personal loan then I may get less amount of loan. I require an amount of Rs 1200000/- maximum and minimum requirement is 8 lakhs. Union bank manager says that I must have legal heir certificate. Axes bank manager says that the interest rate will be 13.75% and I should show some evidence that will cover around 6 lakhs of loan because my salary covers only 6 lakhs of loan. Sbi takes lot of time if I re apply for less amount after clarifying about the course whereas the interest rate of axes bank is high. Union bank may sanction it but legal heir certificate is required. even though i am govt servant MRO authorities says the I have to get succession certificate as legal heir certificate cannot be granted as my father expired long back. Now i require guidance that whcich is the bank who will give me easy eduction loan and to what extent. I am drawing gross of 30000 per month but actual net will be 13000 after recovery of personal loan installment.

How to withdraw ECS.? I authorized SBI to withdraw interest towards education loan taken from their Mount Road Branch trough ECS. Now, I wish to stop paying interest as there is a policy change in interest payment. When approched, BM of SBI refused accept my application.

how am i paying my loans? Well this is a kinda long question. let me put it like this... with details... In the year 2009 I took up a loan for my further studies.. the loan amount was 4L and the bank was SBI. I was told that the education loan will be sanctioned and I will have to start paying, one year after the course is over. In Jan 2011, the course will be over and in 2012 i will have to start paying @ 13.25% Now, I want to know, how much will I have to pay from 2012 onwards (the time period given is four years from then which make 48months), adding the 4L and 13.25% interest along with that. I am not able to understand the interest funda, and I am also confused about the amount that will add to the principle amount! Is it like, by the time i pay off the entire loan thing, I will have had paid somewhere near to 4L + 3L = 7L overall :-o !!!! OMG!!!

Help in filing IT_return 2011-12 online for small watch repair shop owner? * I have my PAN Number, Annual Income (1,22,000 Rs.) >> only source of income is through my repair shop (No other source of income from policies, Insurance, property etc). I do have a saving bank account in SBI (Balance 10,000 Rs.) i'm not a tax-payee , I want my IT-Return for this year for my Son's Education loan Purpose. I have searched details on how to and visited some blogs , thus downloaded the ITR4_2011_12_R5 excel sheet form after registering online. Now, there are too much details asked in the sheet before generating the xml to upload. Even i don't know the different sections of this type of accounting. Please help me in filling that form and the appropriate fields i have to fill and what fields , i have to skip. Thanks in Advance. * Ask if more Details are required by answerer *

Need Financial Advice/Suggestion for next 15 years? Actually I am looking for a good Financial advice. My age is 27. I am from Hyderabad. I am married 3 years back. I have a kid of 2 years age. Me and my wife both are working. We both (combined) drawing around 7.5 Lakhs / p.a. I do have one LIC (LIC MONEY PLUS) policy. I have paid this policy for 4 years but I have closed this policy last Saturday because of not performing well. I do have another policy with SBI (SBI Child Plan). For this I am paying 40000/- every year and I have already paid 2 premiums for this and I will continue this policy for next 16 years. Now i want to go for another Child plan. so please suggest me a good Child plan. Till now I don't have any loans. Our family is having a health insurance from my company. For tax purpose ( for my wife) I have invested around 35000/- in 2010(in 6 SIP’s) in ICICI Pru Tax Plan. I am long term investor and I can invest till next 15 Years and I want at least 2 to 3 crores after 15 years. From next month I want to go for a SIP in 3 different MF Schemes. Out of 3, one must be a TAX scheme for Tax purpose. I can invest a minimum of 10000/- every month from April 2011 onwards. Please suggest me some good mutual funds and some good plan on how to get 3 crores if I invest 10000/month for next 15 years. Please correct me and suggest on my plans for better financial situation in future, So that I can modify and invest accordingly. -------------------------------------------------------------------------------------------------------------------------------------------- Purpose By Money Required | How Much I need to invest ? -------------------------------------------------------------------------------------------------------------------------------------------- House 2025 50 Lakhs Car 2025 10 Lakhs Children Higher Education 2025 1 Crore Retirement 2025 1.5 Crore

i want an education loan but don't have 60% in graduation am i eligible for it....pls help me? i want an education loan for mba but sbi is saying i don't fulfill the criteria of 1st divisn throughout graduation as i have only 57.5% ... my father has taken a home loan from sbi personal banking.. for over three years and has made all the installments in time.. is it of any help...