neeraj1985
Star Member
Posts: 176
Ratings: +5
Visa Office......: New Delhi
IELTS Request: Band 8
|
 |
« on: October 11, 2011, 01:26:49 am » |
|
Hi Everyone, I have got admission to Global Business Management at Humber college, Toronto. My payment due date is November 09, 2011.
After receiving acceptance letter, I have been facing serious trouble in getting an education loan. I have been to a lot of banks but get to hear one or the other crappy reasons for not accepting the loan. For example:
- Oriental Bank of Commerce, J & K bank, Karnataka Bank, Vijaya Bank gives education loans to people who have an account with them for at least last six months.
- Punjab National Bank, State Bank of India, IDBI Bank, Indian overseas Bank, Bank of India don't give out loan for PG Certificates or diploma for studies abroad.
About my financial standing:
Personal Savings in SBI - 3.75 Lakhs
Fixed Deposits in ICICI Bank - 2.50 Lakhs
Provident Fund - 1 Lakh plus
Mother's Savings Account at Union Bank of India - 1.20 Lakhs.
Residential Property Worth 17 Lakhs (easy)
If any of you guys have got a loan from any of the bank for PG Diploma/Certificate, who suggested me that they don't provide loans for these kind of courses - please provide me the loan sanction letter number so that I can get back to them with correct and relevant information...or email it to me at neeraj1985 @ yahoo.com.
It's now reached the urgency stage ....pls give some inputs...
|
|
|
|
|
Logged
|
If you try, your risk failure. If you don't, you ensure it !!
|
|
|
marjana harman
Full Member
Posts: 33
Ratings: +0
Category........: Other
Visa Office......: chc-chd
|
|
« Reply #1 on: October 11, 2011, 02:12:11 am » |
|
bro these banks sanction a loan on a certificte and diplomas if u have fd
|
|
|
|
|
Logged
|
ਜੋ ਘੜਿਆ ਸੋ ਛੱਡਣਾ ਇੱਕ ਦਿਨ...ਜੋ ਬਣਿਆ ਸੋ ਢਹਿਣਾ....
ਆਖਿਰ ਛੱਡਣੇ ਮਹਿਲ ਮੁਨਾਰੇ...ਬੈਠ ਸਦਾ ਨੀ ਰਿਹਣਾ.....
ਚਾਰ ਦਿਨਾਂ ਦਾ ਮੇਲਾ..ਇੱਥੇਜੋ ਬੀਜੇਗਾ ਮੂਰਖ ਬੰਦਿਆ.....
ਓਹੀਓ ਵੱਢਣਾ ਪੈਣਾ....
|
|
|
neeraj1985
Star Member
Posts: 176
Ratings: +5
Visa Office......: New Delhi
IELTS Request: Band 8
|
|
« Reply #2 on: October 11, 2011, 03:19:13 am » |
|
|
|
|
|
|
Logged
|
If you try, your risk failure. If you don't, you ensure it !!
|
|
|
punam
Member
Posts: 12
Ratings: +0
|
|
« Reply #3 on: October 11, 2011, 06:27:18 am » |
|
try uco bank...u l surely get d loan
|
|
|
|
|
Logged
|
|
|
|
parth1989
Member
Posts: 10
Ratings: +0
|
|
« Reply #4 on: October 11, 2011, 06:47:29 am » |
|
dude u consult ur overseas consultants...they'll tell u another way for dis...4 sure...  ...trust me its easy... |
|
|
|
|
Logged
|
|
|
|
neeraj1985
Star Member
Posts: 176
Ratings: +5
Visa Office......: New Delhi
IELTS Request: Band 8
|
|
« Reply #5 on: October 11, 2011, 07:00:08 am » |
|
try uco bank...u l surely get d loan
Hey Punam ...did you also apply at UCO bank...If yes, can you give me some specific details .....like, * The amount for which you applied at the bank.. * The collateral you used for loan, if applicable. * If you got the loan approved through (if using residential property as collateral), can you give me a loan sanction letter number to my email ID if you can...because it will help me expedite it with the concerned bank. Thank you for you response !! |
|
|
|
|
Logged
|
If you try, your risk failure. If you don't, you ensure it !!
|
|
|
geetdhillon
Star Member
Posts: 85
Ratings: +0
Category........: Other
Visa Office......: new delhi
IELTS Request: 31 april
Med's Done....: 15oct
|
|
« Reply #6 on: October 11, 2011, 08:04:16 am » |
|
same condition  and i had already submited my fees
|
|
|
|
|
Logged
|
ਖਾਕ ਜਿੰਨੀ ਔਕਾਤ ਨਾਂ ਮੇਰੀ, ਮੈਥੋਂ ਉੱਪਰ ਇਹ ਜੱਗ ਸਾਰਾ,
ਨਾਂ ਹੀ ਮੇਰੇ ਵਿੱਚ ਗੁਣ ਕੋਈ, ਮੇਰਾ ਦਾਤਾ ਹੈ ਬਖਸ਼ਣਹਾਰਾ
|
|
|
|
|
geetdhillon
Star Member
Posts: 85
Ratings: +0
Category........: Other
Visa Office......: new delhi
IELTS Request: 31 april
Med's Done....: 15oct
|
|
« Reply #8 on: October 11, 2011, 08:42:25 am » |
|
lovely mera loan nai hua abhi same reason was given by the bank that we dun provide loan on diploma/certificate and i dun provide any type of security only they asked for govt employee as a gurantor ab shayd mein punjab se karwaugi loan on FD basis
|
|
|
|
|
Logged
|
ਖਾਕ ਜਿੰਨੀ ਔਕਾਤ ਨਾਂ ਮੇਰੀ, ਮੈਥੋਂ ਉੱਪਰ ਇਹ ਜੱਗ ਸਾਰਾ,
ਨਾਂ ਹੀ ਮੇਰੇ ਵਿੱਚ ਗੁਣ ਕੋਈ, ਮੇਰਾ ਦਾਤਾ ਹੈ ਬਖਸ਼ਣਹਾਰਾ
|
|
|
|
enfield
|
|
« Reply #9 on: October 11, 2011, 09:37:42 am » |
|
Hi Everyone, I have got admission to Global Business Management at Humber college, Toronto. My payment due date is November 09, 2011.
After receiving acceptance letter, I have been facing serious trouble in getting an education loan. I have been to a lot of banks but get to hear one or the other crappy reasons for not accepting the loan. For example:
- Oriental Bank of Commerce, J & K bank, Karnataka Bank, Vijaya Bank gives education loans to people who have an account with them for at least last six months.
- Punjab National Bank, State Bank of India, IDBI Bank, Indian overseas Bank, Bank of India don't give out loan for PG Certificates or diploma for studies abroad.
About my financial standing:
Personal Savings in SBI - 3.75 Lakhs
Fixed Deposits in ICICI Bank - 2.50 Lakhs
Provident Fund - 1 Lakh plus
Mother's Savings Account at Union Bank of India - 1.20 Lakhs.
Residential Property Worth 17 Lakhs (easy)
If any of you guys have got a loan from any of the bank for PG Diploma/Certificate, who suggested me that they don't provide loans for these kind of courses - please provide me the loan sanction letter number so that I can get back to them with correct and relevant information...or email it to me at neeraj1985 @ yahoo.com.
It's now reached the urgency stage ....pls give some inputs...
Hi, I think the requirement of minimum 6 month old account is a must condition with all Public Sector Bank in India (Well, not fully sure!). Its true Punjab National Bank, State Bank of India (may be others as well) do not entertain any application for Diploma/certificate courses. But UCO bank do accept application for Diploma (not sure of certificate course) course. And loan is issued mainly against immovable property like land/flat. UCO bank follow in-house procedure like valuation from a locally appointed lawyer and thereby issuance of 85 percent of required loan. Refer UCO bank website. |
|
|
|
|
Logged
|
enfield
|
|
|
neeraj1985
Star Member
Posts: 176
Ratings: +5
Visa Office......: New Delhi
IELTS Request: Band 8
|
|
« Reply #10 on: October 11, 2011, 10:12:17 am » |
|
Thanks so much everyone....
Tommorow I am going to go to UCO bank and find it out everything..
After the inputs from everyone it seems like it's going to be my last shot....
|
|
|
|
|
Logged
|
If you try, your risk failure. If you don't, you ensure it !!
|
|
|
sandhujas
Hero Member
Posts: 338
Ratings: +0
Category........: Other
Visa Office......: CHD CHC
App. Filed.......: 14th OCT
IELTS Request: 7.5
VISA ISSUED...: 30th OCT
LANDED..........: will with God's blessing on 17th Dec, 2011
|
|
« Reply #11 on: October 11, 2011, 12:14:25 pm » |
|
obc gives loan for diplomas
u can check there website for formalities....
|
|
|
|
|
Logged
|
|
|
|
neeraj1985
Star Member
Posts: 176
Ratings: +5
Visa Office......: New Delhi
IELTS Request: Band 8
|
|
« Reply #12 on: October 11, 2011, 12:21:49 pm » |
|
obc gives loan for diplomas
u can check there website for formalities....
Oriental bank of Commerce ....requires that I should have a bank account with them for at least last 6 months before I can apply for any sort of loan..... getting a loan is tougher than getting PR I guess....  |
|
|
|
|
Logged
|
If you try, your risk failure. If you don't, you ensure it !!
|
|
|
sandhujas
Hero Member
Posts: 338
Ratings: +0
Category........: Other
Visa Office......: CHD CHC
App. Filed.......: 14th OCT
IELTS Request: 7.5
VISA ISSUED...: 30th OCT
LANDED..........: will with God's blessing on 17th Dec, 2011
|
|
« Reply #13 on: October 11, 2011, 12:23:28 pm » |
|
nai ehda di koi gaal nai hai
mein 16th of sept nu account open kita
28nu loan letter le andi
|
|
|
|
|
Logged
|
|
|
|
neeraj1985
Star Member
Posts: 176
Ratings: +5
Visa Office......: New Delhi
IELTS Request: Band 8
|
|
« Reply #14 on: October 11, 2011, 12:27:56 pm » |
|
Ok...
Waise bro did you apply for loan against FD or was it against some property like house or some other immovable property....?
|
|
|
|
|
Logged
|
If you try, your risk failure. If you don't, you ensure it !!
|
|
|
|
Immigration Forum
