I have availed education loan from BOB for my master’s in US now I got an opportunity to change the college after first sem to a very good one. Is it possible for the loan amount sanctioned to be used for the other college I am not asking anything other than approved amount ??
The loan amount sanctioned was for a specific college course. Typically it is not allowed for the approved amount to be used for other school directly.
At GyanDhan, we have worked with students to get their loans transferred to the new program though I will caution that it is not a straightforward process. I would advise getting started as soon as possible to minimize any hassles at the last moment (when you would have to pay the fees)