See, there are several financial institutions which offer Personal Loans for educational purposes, whether it is studying at IIM Ahmedabad or even studying abroad. IIM Ahmedabad is one of the best and well known institute of India. To get admission in this college you have t0 clear the toughest entrance exam of India (CAT). If you are able to clear the cut off for the IIM Ahmedabad, your troubles will not finish there. Course fee in IIMs are little bit high so not everyone can afford that but just like other problems this situation also has a solution.
Almost all major financial institutions in the country offer Personal Loans in Ahmedabad or in any other city of India for paying your educational fee. You should keep in mind that you will require funds swiftly and should hence choose your Personal Loan provider based on factors like the application process (should be fast and digital), swift sanctioning and disbursal, competitive interest rates and desirable loan amounts commensurate with eligibility.
Usually banks and NBFCs offers Personal Loans for educational purposes up to Rs.25 lakhs. You can simply apply online Loan for IIM or offline. Once you will get approval on your application your loan amount will automatically get credited in your bank account.
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Aman Khanna is an experienced financial advisor who is well known for his ability to foretell the market trends as well as for his financial astuteness. He has an MBA in finance from Toronto University as well as years of experience delivering seminars on sound financial practices and debt management.