Top Aircraft Manufacturing and Maintenance Engineering Colleges in India 2021
- PM Polytechnic, Sonepat. …
- Punjab Aircraft Maintenance Engineering College, Patiala. …
- Nehru College of Aeronautics and Applied Sciences, Coimbatore. …
- Millennium Institute of Technology, Bhopal. …
- Indira Institute of Aircraft Engineering, Pune.
Subsequently, can I get 20 lakhs education loan?
Collateral Required for Education Loan
According to RBI, the maximum amount eligible for a study loan for courses in India is Rs. 10 lakhs while for studying abroad, it is Rs. 20 lakhs.
Considering this, can I take education loan from 2 banks?
No, it is not possible to get an education loan from two different banks to study for the same course in India. There are many banks that provide a large loan amount for domestic education. For example, ICICI Bank offers up to Rs. 50 lakhs for education within India.
Can students get loans without parents?
You don’t need any parent information to apply for federal student loans if you’re an independent student. … You can borrow up to $57,000 in total federal student loans as an independent student, rather than $31,000 as a dependent student. The answers you provide on the FAFSA determine your dependency status.
The bank filed the present appeal saying candidates who have secured 60% marks and above alone are eligible to get education loan as they alone can be treated as meritorious candidates.
Axis Bank provides Education Loans for students looking to pursue higher education in India or abroad, at attractive interest rates. With an Axis Bank Education Loan, you can avail a loan amount upto Rs. 75 Lakhs along with speedy disbursals and easy repayment options for effective loan servicing.
Easily available: Education loans are widely and easily available. In fact, they are a priority product in all banks as per the RBI’s guidelines. Varied loan amounts: Banks can offer loans anywhere between Rs. 2 lakhs and Rs.
Generally, education loans are unsecured in nature.It means you do not have to pledge any asset as collateral. However, education loans with loan amount of Rs. 7.5 lakh or higher, may require collateral. Though there is no cap on the disbursed loan amount, the loan amount can range anywhere between Rs 20-50 lakhs.
The average AME salary package in India per year will range from Rs 6 Lakh to Rs 7 Lakhs. The salary package will be given to the candidate based on the capability. The salary package for the experienced AME is much more than this.
Undergraduates can borrow up to $12,500 annually and $57,500 total in federal student loans. Graduate students can borrow up to $20,500 annually and $138,500 total.
Education Loan Interest Rate in 2021
|Interest Rate||8.40% onwards|
|Minimum Tenure (excluding grace period)||5 years|
|Moratorium Period (after course completion)||1 years|
|Minimum Loan amount||₹ 50,000|
|Maximum Loan without collateral||₹ 4,00,000|
AME are highly paid professional. At the time of training candidate will get stipend which is around INR 15000 to 25000 per month. After getting license Aircraft Maintenance Engineering jobs salary according to the payscale is approx INR 40 lakhs per annum.
Compare Top Education Loan Offers 2021
|Name of Bank||Interest Rate (p.a.)||Loan Amount|
|Axis||13.70% to 15.20%||Up to 75 Lakh|
|Bank of Baroda||7.85% to 9.85%||Up to 4 Lakh and above|
|HDFC||9.55% to 13.25%||Max Apr|
|Tata Capital||10.99% onwards||Up to 30 Lakh|