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loan for tuition and GIC

mohsinpharma

Member
May 24, 2015
12
0
Hello dear friends

I have applied to Humber institute for pharmacy technician program.
my question was regarding the Bank loan. currently i am in talks with SBI for my educational loan. Could anybody please tell me if SBI gives loan for GIC too? if yes than will it come as a part of my education Loan of i have to apply for it separately?
looking forward for your valuable feedback.

Thank you.
 

th3.rdx

Hero Member
Jul 2, 2013
453
35
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Hi
I have some information for you that might help you .
Firstly , bank like SBI or any other bank can create some issues for you if your course isnèt a degree course or your parents arenèt an government emplyee.
If they agreed for your education loan , then they will pay only the amount mentioned in your offer letter.

For GIC , you can go for a personal loan or a loan against FD ( you can talk with bank about this ) .

However , as you dont have own funds for fee and gic , so it might create a problem in your studies . Make sure you have proper arrangements for back up . And always work and study hard here in Canada , paying back loan interest , own fee é expenses is tough .

Be Prepared .
 

mohsinpharma

Member
May 24, 2015
12
0
th3.rdx said:
Hi
I have some information for you that might help you .
Firstly , bank like SBI or any other bank can create some issues for you if your course isnèt a degree course or your parents arenèt an government emplyee.
If they agreed for your education loan , then they will pay only the amount mentioned in your offer letter.

For GIC , you can go for a personal loan or a loan against FD ( you can talk with bank about this ) .

However , as you dont have own funds for fee and gic , so it might create a problem in your studies . Make sure you have proper arrangements for back up . And always work and study hard here in Canada , paying back loan interest , own fee é expenses is tough .

Be Prepared .
thank you for the information. No my parents arent government employees. i was going to take out a loan against property. so u suggest i take a separate loan for GIC?