Arshad Arshu 6 months ago

Arshad Arshus picture
Arshad ArshuLast Seen: 4 months 1 week agoJoined on: 20-Nov-2017Education Interest: MBAEducation Level: Graduate & Above

How can we avail scholarship or educational loans for studying mba/pgdm in business schools

93,92,73 academics.. 2017passedout..MAT 94percentile,698score..CAT 69percentile..OBC

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Ashish Jha

Ashish Jha 6 months ago

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Ashish JhaLast Seen: 1 week 13 hours agoJoined on: 30-Sep-2013Education Interest: ManagementEducation Level: In Graduation

Hi Arshad,

You have very impressive academic profile and your MAT score is also good. You can approach a bank once you finalise the institution of your choice. You need to carry complete fee structure of the institute and your academic documents to claim education loan  

Most of the Banks in India offer study loans for students who wish to pursue MBA education. The education loan by all the banks is available at special rates which are much lower to the personal and other load rates. Also, there is provision of no instalment till few months post completion of your degree. Such education loans also cover your tuition fee and may also cover your lodging and food. The amount of loan however varies depending on the type of institute you are choosing. For top institutes like IIMs and top PGDM institutes like IMT, MDI, SPJIMR complete expenses are covered in loan amount by majority of the banks in India. The specific teams and condition for availing loan may however vary from one bank to the other. Any bank branch in your vicinity will be able to provide you with these specifications. 

Hope this helps. All the best! 

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