You do not need to worry about the finance for your education if you want to learn in your life. Yes, at NBS you have the facility to get finance for your degree. We have a dedicated team that takes care of the complete financing process. Education loan comes under the “Priority Sector Lending” of the banks.
You will have to pen down the costs that are involved. Primarily the tuition costs, the residential costs (if you live in a Paying Guest (PG) accommodation) and any other unexpected costs. This will be your loan requirement.
Broad Criteria of Financial Institutions (Banks)
|Loan Rs in Lacs||Required Security/Margin|
|Upto 4 lacs||Not required|
|Between 4 lacs to 7.5 lacs||Third Party Guarantee*|
|Above Rs 7.5 lacs||Collateral Required|
|* Signature of Parent/Uncle/Aunt/Relative|
Points for Consideration for selecting the Financial Institution