Queries on "acceptable financial instituitons in india"

[saikat1983]

Hi All,

In SPP "acceptable financial instituitons in india" list, United Bank of India(UBI) is not mentioned.

However it is also stated that "The Education Loan must be provided by a bank governed by the Reserve Bank of India".

As per my knowledge UBI is a goverment bank.

*Does it mean that a loan from UBI would not be considered under SPP but in General category?

Requesting everyone to kindly put some light on this...

Your help is very much appreciated...

 

[world.citizen]

If it's not on the list, I suggest you play it safe and not take a chance with it. You have only one SPP attempt. If it gets refused, you're gonna have to apply through general next time.

 

[saikat1983]

Thanks buddy...