In modern trend of global education everyone wish to settle in Abroad by pursuing overseas studies. So with this perception IELTS Madurai helps students to get Educational Loans. One could see many bank aims to offer the much required financial support to passionate students for pursuing higher professional or technical education in India and abroad. The much required education loan would be offered to those passionate students who have obtained admission to career-oriented courses e.g. medicine, engineering, management etc., either at the graduate or post-graduate level.
IELTS Madurai helps students to get Educational Loans so as to assuage much needed individuals who aspire for overseas studies. IELTS Madurai believes, given the right tools and aid every child has the potential to be successful. The Best IELTS training centre in Madurai namely IELTS Madurai helps students to get educational loans aim to be the very tool that would professionally enable them to reach their goals in life.
It is certain that no more would a deserving student have to give away their pursuit of dreams due to lack of money. The beneficial student loans would ensure that worthy students are empowered to take their destiny in to their own hands. IELTS Madurai endeavor is to help the future of nation in education and prosperity.
Quantum of Loan
The quantum of finance under the scheme is capped at Rs 10.00* lacs for studies in India and Rs 20.00* lacs for studies abroad, which would cover normally tuition fees, hostel charges (if any), cost of books, etc. The Quantum of Loan could be higher amounts above these caps subject to eligibility and cost, for case-to-case approval.
Timeline for application
It is suggested that Bank would convey their positive decision within 15 working days from the date of receipt of the application provided the application is complete in all respects. The computation of 15 days shall starts from the day on which all documents needed for a proper appraisal of the application are provided by the relevant customer to bank.
The student loan would be expediently disbursed in full or in suitable installments taking into account the requirement of funds and/or fee schedule as assessed by the Bank directly to the educational institution or any preferred means.