+1(514) 937-9445 or Toll-free (Canada & US) +1 (888) 947-9445

Education loan (SPP)

ishanfication

Star Member
Dec 31, 2013
77
1
guys , I have applied to selkirk colege .GIC is done too . course is 2 yr post grad diploma in business admin .... now the prob is that as oer SPP rules , education loan is must & my bank manager (punjab national bank --- participating ) says that edu loan will be only given for master's degree . So, hw come I will apply in SPP .. without education loan ???
 

singh-ak

Hero Member
Sep 18, 2013
278
3
ishanfication said:
guys , I have applied to selkirk colege .GIC is done too . course is 2 yr post grad diploma in business admin .... now the prob is that as oer SPP rules , education loan is must & my bank manager (punjab national bank --- participating ) says that edu loan will be only given for master's degree . So, hw come I will apply in SPP .. without education loan ???
Loan is not mandatory for SPP.
You can opt for other banks like Dena Bank, SBI Bank, Etc, Etc
 

ishanfication

Star Member
Dec 31, 2013
77
1
singh-ak said:
Loan is not mandatory for SPP.
You can opt for other banks like Dena Bank, SBI Bank, Etc, Etc
it was written in the website . So, what's the best procedure to go ... if u can suggest ... i have to take loan ...
 

lovedeepsingh

Hero Member
Oct 15, 2013
758
40
Government banks will not issue loan for diploma i guess.
go for private banks hdfc,Axis bank etc
m also struked in loan process as hdfc is taking too much time.moreover i am applying for masters.
 

singh-ak

Hero Member
Sep 18, 2013
278
3
lovedeepsingh said:
Government banks will not issue loan for diploma i guess.
go for private banks hdfc,Axis bank etc
m also struked in loan process as hdfc is taking too much time.moreover i am applying for masters.
Who said government banks dont give loans for Diploma??
I have been to SBI and the guy there said that it is possible to get Loan for a diploma course.
Also i have friends who got loan from Dena Bank :)
 

lovedeepsingh

Hero Member
Oct 15, 2013
758
40
Bro go to pnb they will not give...
they may give if you have links.I know RBI says education loan for diploma/degree but banks feel hesitation to issue loan for diplomas.
 

singh-ak

Hero Member
Sep 18, 2013
278
3
lovedeepsingh said:
Bro go to pnb they will not give...
they may give if you have links.I know RBI says education loan for diploma/degree but banks feel hesitation to issue loan for diplomas.
Bhai i am talking about other banks..

I have no idea about PNB but i know about SBI and Dena Bank and these 2 banks are government banks
 

ishanfication

Star Member
Dec 31, 2013
77
1
thanks guys for help ....so it means for 2 yr diploma , I can look upon SBI ... actually I am here In himachal , But i have hdfc and SBI here ... will talk to them tomorrow ... Hope it works ... SO is it necessary to have edu loan In SPP program ??