hey platypus..
Sorry to say but SIIB does NOT assist in gettin student loans. We have an SBI Branch on campus, but still.
I tried a lot last year, but dint work. So You will have to do it from your home town. Its mainly because the parents need to do all the work, so they check the credentials of the parents. Even if you are working, the parents need to be the guaranters.
Even I had the same issue last year. What I did, and you could try this too..
1. Pay the first installment by yourself. Borrow money, break an FD, ask parents however.
2. tell yr folks/friend to get a loan form frm the bank. Prefrbly frm a PSU, like SBI or PNB, the interest rates r 2-3% lower. Ask them to fill the details up.
3. Ask folks/friend in hometown to fix up a date when you can come and sign the forms. You HAVE to go back cos you and yr folks have to sign the forms IN THE PRESENCE of the the Bank authorities. here you will miss a couple of days of college.
4. Ask the Bank will issue the first installment cheque in your name, cos you have already paid the college.:clap:
This is how I did it. Any more clarifications, PM me, will be glad to help!
Peace.
Hey testytimes..
I will get an official release from the company I'm working in only by 5th June. I am leaving Bangalore for Pune on 6th.. so that hardly leaves me with any time..
Can't go to Delhi to apply for the loan.. so was thinking if there's any way I can do it in Pune..
Does anybody know if SIIB assists new joinees with edu loan? Do lemme know..