Bhola: Raju, I want my daughter Tara to become a doctor when she grows up. Will the bank give loan for her study?
Raju: Yes, of course, banks do give loans for education and higher studies.
Raju: In fact they give loans for studies within the country as well as abroad.
Raju: All you will have to do is to submit documents like mark sheet of the qualifying exam, admission proof, estimate of fees, hostel expenses, etc., as provided by the college/university.
Raju: The bank will give the loan to cover the tuition fees, hostel expenses, etc., as given by the college. Education loan covers the entire period of study and repayment starts only after education is completed.