Should I apply for Thapar University and can I get loan of total fees of Thapar, can I repay that loan easily, and finally is it worth it?

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Dhruv Chowdhury Posted On - Aug 7, 2023
studied at Thapar Institute of Engineering and Technology (2020)

Yes, it's quite possible to secure a loan for the total fees of Thapar University. Banks offer a variety of educational loans such as

  • Upto 4 Lac-Without Any Guarantor
  • 4–7 Lac- With a Guarantor( Parents)
  • Above 7 Lac- With Proper Collateral

However, banks offer privileges like low-interest rates and Loan Without Collateral only to students of top institutions and sadly Thapar University is not yet among them. One of my friends at Thapar University got a loan from the Indian Bank. Thapar Institute of Engineering and Technology is in their List-A, institutions and so he received  100% finance without Collateral up to Rs. 30 Lac.

As for the repayment of the loan, it directly depends on the type of package you land up with. Generally, the placemats here are great and with enough hard work, you will be able to get a good job and thus will be able to repay the loan soon. 

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