Now Education Loan is Available From All Banks: RBI

RBI orders to Banks that Do not reject any education loan even if the residence of the borrower does not fall under their service area.

RBI has further asked the banks to issue suitable instructions to their branches or controlling offices for meticulous and strict compliance in this regard. The apex bank issued the notification in view of number of complaints where students were refused educational loan as the residence of the student does not fall under the bank’s service area.

Apply for Education Loan

Apply for Education Loan

Full Name

Country of Study

Course of Study

Co-borrower’s* Income

Email ID

Residence City

Course Name

Required Loan Amount

Mobile Number

Applicant’s Income Status

* Co-borrower : Relative with good income who can support your education loan application. Typically it can be your Father, Mother, Brother, Sister, Spouse, Cousin, Paternal Uncle (Chacha), Paternal Aunt (Chachi), Maternal Uncle (Mama), Maternal Aunt (Mami), Grandfather, Grandmother