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BITS Pilani South GoaM.Sc Mathematics

Will SBI Bank give a education loan to a student of MSc Maths at Bits Goa?

Posted On - Aug 9, 2021
Asked byAastha Anand
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2 Answers
PN
Answered by Posted On - May 3, 2023
Pooja Narayan

Yes, SBI Bank offers education loans to students pursuing MSc Maths at BITS Goa. SBI Bank is one of the leading banks in India and provides education loans to eligible students who wish to pursue higher studies in India or abroad.

To be eligible for an education loan from SBI Bank, the student must meet certain criteria, such as:

  • The student should be an Indian national
  • The student should have secured admission to a recognized course in a recognized institution in India or abroad
  • The student should have a good academic record
  • The student should have a co-borrower who has a steady source of income

In addition, the bank may also require certain documents, such as proof of admission, the fee structure of the course, academic records, income proof of co-borrower, etc.

Once the loan is approved, the bank will disburse the loan amount directly to the institute, as per the fee structure of the course. The student will be required to start repaying the loan after the completion of the course or after getting a job, whichever is earlier. The repayment period can vary from bank to bank and can be up to 15 years.

Therefore, if you are planning to pursue MSc Maths at BITS Goa and are looking for financial assistance, SBI Bank can be a good option for an education loan.

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VM
Answered by Posted On - Aug 9, 2021
Vatsal Mishra

Yes, SBI will give you an education loan irrespective of your choice of course. Most importantly, it is not important whether you are a student or not at BITS Goa. SBI offers loans to all students studying in famous and recognized colleges. 

Usually, education loans are provided mostly for Professional courses at post-graduation level. You must check whether BITS Goa is listed or not. You can do so by visiting the nearest SBI Branch.

Getting an education loan in BITS Goa isn't that tough. The loan will be sanctioned without any obstacles.

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