erinogi said
I am applying for MS in US univ i but dont know finance options other than bank loan. Can anyone please tel me the loan criteria and guarantee to be given for a loan of about 10 Lakh?

Nathan said
Indian banks have the following criteria:-1. Domestic Eductaion loan upto 7.5 Lac2. International Eucation Loan upto 15 LacCollateral Security (propoerty, bonds, LIC, NSC etc) has to be given to take a loan above Rs. 4 Lac.No private bank gives education loan and any education loan from a PSU(Govt) bank is given at a floating rate. The current interest rate for a 10 Lac loan would be around 11-12%.If you have bank account in a PSU bank, it would be helpful. Best option is to try at SBI

kuri_kurita said
For international student financial aid resources:http://www.InternationalStudent.comhttp://www.InternationalScholarships.comhttp://www.InternationalStudentLoan.comBear in mind for the last resource, you'll need a cosigner who is a citizen of the country in which the loan company resides. If you're studying in the UK, a UK subject; in the US, a US citizen or permanent resident.Hope this helps!Christopher S. PennProducer, the Financial Aid PodcastDaily free financial aid internet radio, no iPod requiredhttp://www.FinancialAidPodcast.comFinancialAidPodcast [at] gmail [dot] com