IN-PRINCIPLE EDUCATION LOAN APPROVAL LETTER

[sikanderv]

Guyz,

Can someone advise if it is okay to apply with such a letter from a bank, instead of a confirmed loan sanction letter? I have just a few days time, and the sanction letter will come after a week at the minimum. Should I wait or should I go ahead with the in principle approval letter only? My program starts on Aug 25 2014. I'm from India.


Thanks in advance for your time.

Sikander

 

[sikanderv]

Friends, can someone throw some light on this based on your own personal experience?? Many thanks!!

 

[kiranreddy3399]

if you don't have a choice at submitting a Confirmed loan sanction letter then just replace it with Approval and inform them via a SOP or a letter which explains the situation.

 

[sikanderv]

if you don't have a choice at submitting a Confirmed loan sanction letter then just replace it with Approval and inform them via a SOP or a letter which explains the situation.

thanks dude!!

 

[poorni]

It's better u submit the confirmed loan sanction letter. I have done that. It's authenticity is better than the approval letter. You can actually request the Bank to speed up.
GUD LUCK

 

[bhanu3012]

have u got loan even after applying with inpriciple letter@sikanderv