education loan requirements for abroad studies?
what are the requirements for appliying for education loan in india, mumbai, does the income of the applicant matter
Various banks have their own criteria for sanctioning loans. Basically these will be:
> Amount of loan required by you
> Collateral that your parents can offer
> Whether the education you wish to undertake would provide you job that will fetch reasonable amount of return.
You will have to approach the bank where your parents have been maintain their accounts for a reasonable period of time.
If you are looking for scholarships, then look to:
Birla Educational Trust
MacAurthur Foundation
Ford Foundation
Hindu-Hitachi Scholarship
Etc.
