Here's How to Apply for Education Loan for Pilot Training
Students who aspire to become pilots and fly high into reality can avail of education loans for pilot training. Financial assistance of up to INR 1.5 crores is provided at interest rates starting from 8.30%.
Step #1
The first step is to research and select the lender that fits your requirements. Compare the interest rates and loan terms offered by them.
Step #2
Once done, collect all the necessary documents relating to address, income, academics, expenses, and collateral documents.
Fill out the education loan application form and attach the documents collected. Submit the same to the lender chosen.
Step #3
Let the bank verify the documents and connect back with you. Once verified, the bank will approve the education loan, provide sanction letter, and disburse the funds for training.
Step #4
After the loan has been disbursed, start with the repayment education loan through options like EMIs or income based repayment.
Step #5
To know about the requirements, types, cost of education loan for pilot training SWIPE UP!