MBA/PGDM
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9 years ago
Scholar-Level 17
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9 years ago
Contributor-Level 9
If you get admission into an IIM, getting a loan is very easy process. All the banks like SBI and CBI provides education loan at a decent rate. In fact you can go to the IIMs after admission and you'll find a lot of bank personals sitting there and ready to give you a loan in just 5 mins. There are no collaterals needed.
Remember that when you get into an IIM, you will most probably get a good job and then paying back 18 lakhs or more (in a span of 5-8 years) wouldn't be a risk for a bank and they are always sure that they'll get their money back. Hence, they are always more than happy to offer you a loan for such prestigiou
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