Education Loan

Over the years, GNIOT –CM has become a synonym of good placement and quality education. Almost all nationalized and private banks give due recognition and extend educational loan facility to all needy students as prescribed in their respective norms and manuals. 

The eligibility criteria of availing educational loan facility is as under –

»  Upon registration for the admission in any course/ programme, GNIOT-CM issues a registration certificate along with a conditional bonafied letter, that the candidate has actually been admitted in the institute, in favor of the bank of the choice of the student from where he wishes to avail the educational loan.

»   In addition to above letter, following documents are also provided in support.
A. Recognition letter of AICTE/UGC as a proof that the progamme is approved by Ministry of HRD and approved by All India Council of Technical Education (AICTE).

B. Fees structure.
C. Institute Brochure.
D. Letter in favor of the bank that the educational loan may be granted as per rules of the bank.

It is heartening to note that about seventy percent students are studying with us who have taken educational loans from different banks and fulfilling their career dreams. It is more inspirational to note that almost all banks are giving full recognition to GNIOT-CM and accepting the requests of the eligible students by sanctioning their loan requests.