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Name : Anurag Verma
Subject: Student education loans
Message : I am looking for abroad study. I am an Engineer (BE) by profession, passed out this year (2003) and looking for the loan to join FEB session next year i.e. 2004 for MS. These are some questions regarding that I need some explanations:

1) How much education loan bank can provide me?

2) Time when I have to start returning amount irrespective of whether I get a job or not or which ever suitable?

3) Interest %?

4) If in case I couldn't manage a job then who is responsible for payment?

5) Maximum amount which bank can give?

6) Requirements to get the loan?

7) Guarantee required?

8) Duration given for the repayment?

9) Is the interest rate remains the same even after duration ends before commencement of payment?

10) What is required as a Guarantee?

11) Is that the property should be in equivalence with the amount which bank is giving?

12) How much time it would take for fructification of loan application?

13) Near most branches available?

Kindly put some light on these points.

Thanking you,


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