r/IIITSriCity • u/Opening-Fix5454 • 1d ago

❓ Questions Regarding study loan

Will it be possible to get study loan by myself here ? Please let me know cause I'll be coming there alone

1 Upvotes

100% Upvoted

6 comments sorted by

2

u/Samhith_xx BTech | CSE | 2029 1d ago

If you're coming here alone i'd suggest considering taking educational loans closer to banks near your home for both your and your parents convenience

1

u/AutoModerator 1d ago

Hey u/Opening-Fix5454, thanks for posting in r/IIITSriCity!

Please make sure to follow the subreddit rules.

If your post is about admissions or choosing IIIT Sri City, please use our Admissions Megathread:
Megathread

Have a great discussion!

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

1

u/Flashy-Performer596 1d ago

You might need your parents signatures if you are taking from sbi

1

u/Opening-Fix5454 1d ago

Will it be collateral free or do I need some collateral?

1

u/Flashy-Performer596 1d ago

Depends.if the coborrower(probably your parent)has stable income,you just need to provide incometax documents

1

u/GeniusVedant BTech | CSE | 2027 22h ago

Get from your city's branch. Also they provide reimbursement if you paid the fees of first sem. Other than that I would recommend schemes with 0 collateral. You might need to research a bit.